Cardano-Powered DeFi Platform Empowa Takes on Africa’s Housing Crisis
In the face of exorbitant mortgage rates crippling the housing market in Africa, Coinbase, a leading cryptocurrency exchange, has spotlighted the potential of blockchain technology to radically transform the situation.
The exchange has specifically highlighted the innovative efforts of Empowa, a decentralized finance (DeFi) platform powered by Cardano (ADA), that aims to tackle the housing affordability crisis in Africa.
Empowa has set an ambitious mission: to enable 1 million African families to become owners of climate-smart homes by 2030. The company is determined to disrupt the current real estate market, which is ridden with high mortgage rates.
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