# Jambo and Lif3 Partner to Revolutionize Crypto Payments in Emerging Markets
**Abu Dhabi, United Arab Emirates, November 5th, 2024 — Chainwire**
In a groundbreaking development for the mobile technology and fintech sectors, Jambo, a leading builder of web3 mobile infrastructure, has officially partnered with Lif3, an omni-chain DeFi Layer-1 ecosystem. This collaboration aims to introduce a blockchain-based payments solution for its innovative $99 Jambo smartphones, targeting crypto payments for millions of users across over 120 countries.
## A New Era of Financial Accessibility
The partnership between Jambo and Lif3 marks a significant step in addressing financial inclusion in emerging markets. Many regions, particularly in places like **Africa**, face unique challenges that hinder economic participation. With approximately **57%** of the **1.5 billion** people across the continent remaining unbanked, and half lacking access to a smartphone, the need for innovative solutions has never been more critical.
By integrating Lif3’s robust DeFi ecosystem into Jambo’s affordable smartphone model, the collaboration promises to provide secure and user-friendly access to peer-to-peer crypto payments. The Lif3 mobile app will come pre-installed on all JamboPhones, opening doors for millions to engage with digital financial services effortlessly.
### Improving Access to Real-Time Crypto Payments
Harry Yeh, the serial entrepreneur and web3 investor behind Lif3, has emphasized the importance of this partnership in unlocking financial opportunities worldwide. According to Yeh, “Lif3 is committed to unlocking financial opportunities for everyone, everywhere. By partnering with Jambo, we’re simplifying access to decentralized financial solutions, including crypto payments and AI-integrated solutions.”
This initiative aims to empower users in developing countries by enhancing connectivity, improving security, and streamlining access to much-needed financial services.
## Educational Initiatives to Foster Digital Literacy
To ensure users can navigate this new financial landscape safely, the Jambo and Lif3 collaboration will also include educational programs designed to familiarize individuals with emerging technologies. These programs will include quests and interactive learning components, where users can earn rewards as they gain knowledge about web3 technologies.
James Zhang, co-founder of Jambo, adds, “In many regions across emerging markets, an entire family shares one smartphone, and a family member can only use it for a few hours a day. Owning a JamboPhone opens up new possibilities–like discovering a new life.”
By embedding Lif3 directly into the Jambo ecosystem, the collaboration aims to facilitate seamless engagement with the digital economy.
## Key Features of the JamboPhone and Lif3 Integration
1. **Pre-Installed Lif3 Apps**: Every JamboPhone will come with Lif3 applications to facilitate instant access to crypto wallets and numerous DeFi features.
2. **User-Friendly Interface**: Designed with emerging markets in mind, the apps prioritize simplicity, ensuring that users can easily navigate their digital financial landscape.
3. **Rewards and Incentives**: Users will have opportunities to earn rewards while engaging with educational content, fostering a community of informed digital users.
4. **Focus on Security**: Lif3’s integration will provide robust security features, ensuring users can make secure transactions in an increasingly digital world.
5. **Global Outreach**: The partnership aims to reach millions, making crypto payments accessible to a diverse range of users across different countries.
## Conclusion: Bridging Economic Gaps
The partnership between Jambo and Lif3 represents a pivotal move towards bridging economic gaps in emerging markets. By making crypto payments accessible to individuals who previously had limited access to the financial ecosystem, this collaboration is poised to drive significant economic growth from the grassroots level.
Emerging technologies like blockchain hold the potential to transform lives, and with initiatives like these, the future looks promising for millions of unbanked individuals globally.
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**About Jambo**
Jambo aims to build the largest web3 mobile infrastructure network tailored to emerging markets, featuring a premiere web3 Android smartphone, the JamboPhone, starting at just $99. To learn more about Jambo, visit [jambophone.xyz](https://jambophone.xyz/).
**About Lif3**
Lif3.com is transforming the blockchain landscape with an innovative omni-chain DeFi ecosystem. To discover more about Lif3, visit [lif3.com](http://lif3.com).
**For More Information**
To stay updated on Jambo’s latest innovations, follow them on [Twitter](https://twitter.com/JamboTechnology) and join the Jambo Community on [Telegram](https://t.me/jambotechnology). For Lif3, find them on [Twitter](https://x.com/official_lif3) and [Telegram](https://t.me/lif3_official).
**Disclaimer**: This article serves as a promotional announcement and does not constitute financial or investment advice. Always conduct your research before engaging in crypto transactions.
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