Jakarta, Indonesia–(Newsfile Corp. – April 27, 2022) – After a successful partnership with Danamas – one of the leading FinTech Cooperations in Indonesia, NanoByte is ready to pave the way for Crypto Adoption in the Asia Pacific. They will be the first to provide instant fiat loans to the more than 270 million people in Indonesia.
Danamas x NanoByte Partnership
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Three of the world’s most populous countries (China, India, and the USA) are becoming more stringent about cryptocurrency, while crypto supporters have been touting Indonesia as a future emerging market for the industry. When it comes to cryptocurrency, Indonesia is way ahead of many nations. With a population of over 270 million and being one of the fastest-growing economies in the world, the future of this avenue seems promising. Its government is also open to crypto, with its President (Joko Widodo) actively encouraging Indonesians to learn more and improve their skill set around new tech, including crypto.
Despite huge opportunities in Indonesia, there are only around 7 million crypto investors in the country – or less than 3% of its total population. NanoByte Token (NBT) was launched last month, aiming to become a pioneer of crypto adoption in the fourth most populated country in the world. NanoByte is affiliated with Nanovest, an investment application to trade US stocks and cryptocurrency, based in Indonesia. It has already gained the support of more than 2 million people in Indonesia during its beta launch. Today, they finally announced their latest innovation: the first-ever instant fiat loan with NanoByte through a partnership with Danamas, a subsidiary of the Sinarmas Financial Service company.
Sinarmas Financial Service is a leading financial services provider in Indonesia that provides an integrated and comprehensive range of financial services, including Banking, Insurance, Financing, Capital Markets, Asset Management, Share Administration, Security, and Information Technology. Sinarmas Financial Service is also part of the conglomerate group Sinarmas whose presence in Indonesia dates back to the 1930s.
NanoByte’s partnership with Danamas is one of the first maneuvers of making crypto assets accepted in the full suite of the traditional financial ecosystem in Indonesia.
As a crypto project, the Nanobyte Token (NBT) is now available through the centralized exchange platform Tokocrypto, Binance’s portfolio in Indonesia. In the global market, it is accessible through Pancakeswap and Uniswap.
Nanovest’s CEO, Hutama Pastika, said the partnership between Nanobyte and Danamas in providing NBT as an instant loan application service facility will be effective as of 19th April, 2022.
“The latest scheme in the crypto-asset-based instant lending services (NBT) is expected to encourage education and be a proof to crypto enthusiasts with all…