The Algorand Foundation has announced a strategic partnership with Paycode, a leader in biometric and offline-first digital payment systems, to expand financial inclusion in underserved and remote regions jointly.
This collaboration highlights blockchain’s increasing role in delivering practical solutions, particularly for populations that have traditionally been excluded from formal financial services.
At the core of the partnership is the integration of Paycode’s digital identity and payment infrastructure into Algorand’s blockchain ecosystem. This integration aims to create secure, transparent, and scalable financial services tailored for low-connectivity environments. Paycode currently operates across countries such as Ghana, Zambia, Mozambique, Afghanistan, and the Democratic Republic of Congo, where access to traditional banking remains limited.
🚨 Big news for Algorand
We’re partnering with Paycode, a global leader in offline biometric payments, to bring secure, inclusive financial infrastructure on-chain.
Together, we’ll deliver blockchain-powered payments to underserved communities in Afghanistan, Ghana, Zambia,… pic.twitter.com/615g9YuXnc
— Algorand Foundation (@AlgoFoundation) June 23, 2025
Highlighting the impact of this alliance, Algorand Foundation CEO Staci Warden stated, “This partnership brings blockchain into direct service of people who need it most. By combining Paycode’s proven systems with Algorand’s high-performance blockchain, we can increase trust, efficiency, and access for millions.”
As part of the agreement, Paycode will migrate key components of its existing infrastructure onto the Algorand blockchain. This move is expected to enhance the security of financial transactions, enable real-time verification, and facilitate stablecoin-based settlements—offering a more transparent and accountable framework for social payments and aid distribution.
To date, Paycode’s technology has served over six million users, facilitating more than $250 million in secure disbursements through biometric identity systems and offline digital wallets. This infrastructure has proven effective in areas with minimal connectivity, making it a strong foundation for blockchain-backed upgrades.
Looking ahead, Paycode CEO Gabe Ruhan emphasized the broader ambition:
“Partnering with Algorand allows us to future-proof our platform while staying committed to delivering accessible digital finance to the most excluded populations.”
In a related push toward blockchain adoption, FIFA recently announced the upcoming launch of its proprietary blockchain network. Set to support its growing digital collectibles ecosystem, the “FIFA Blockchain” will be Ethereum Virtual Machine (EVM)-compatible and aims to improve scalability, performance, and future development potential reinforcing the broader momentum behind blockchain’s integration into global systems.
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