MAINNET· live since 2020BLOCK #32,732,036FINALITY 8.00sOPS / BLOCK 0VALIDATORS 11 · 5 ORGSTOTAL XBN 369B XBNCIRCULATING 74.10B XBNHFBA CONSENSUS · 3–5s FINALITYMAINNET· live since 2020BLOCK #32,732,036FINALITY 8.00sOPS / BLOCK 0VALIDATORS 11 · 5 ORGSTOTAL XBN 369B XBNCIRCULATING 74.10B XBNHFBA CONSENSUS · 3–5s FINALITY
Bantu
AboutFor People & Communities

The word Bantu means people.

The protocol is designed for the millions of people and businesses that have often been underserved by traditional financial systems — market traders, cross-border families, smallholder farmers, micro-entrepreneurs, and cooperatives. Bantu’s role is to provide infrastructure that is affordable, fast, and accessible, making it easier for developers and institutions to build the kinds of financial applications these communities need to thrive.

// A word about words

The word Bantu itself means people in the Bantu language family. The brand already carries that human dimension — we don’t need to over-engineer a label.

For formal and technical contexts: Network Participants. For public-facing copy: the Bantu community. For KYC-completed users: Verified Bantu Community Members.

  • PublicThe Bantu community
  • TechnicalNetwork Participants
  • RootBantu = people
//Who Bantu was built for

Four audiences. One protocol.

This is where the protocol’s differentiation actually lives. Not crypto-native traders. Not institutional treasury teams. The everyday people the formal financial system has historically left behind.
01

The unbanked and underbanked

People who have traditionally had limited access to financial services can access Bantu with just a smartphone. No complex onboarding, no high minimum balances, and no unnecessary friction — participation becomes as simple as having an internet connection and the right application experience built on top of the network.

02

Informal-economy participants

Traders, market sellers, gig workers, cooperatives — saccos, chamas, susus, njangis — who need low-cost, fast settlement without bank accounts. The economy the formal system has chronically underserved.

03

Cross-border workers and families

People sending remittances across African borders at a fraction of traditional wire costs. The hard-currency tax disappears when the rail itself is local-currency-aware.

04

Micro-entrepreneurs

Small business owners who can issue and manage their own community tokens, accept digital payments, or build conditional disbursement schemes — without writing a smart contract.

//The daily friction

The problems are specific, daily, and expensive.

Not abstract pain. Specific, named, quantified. These are the costs that compound across hundreds of millions of African transactions every day.
  • 01

    Sending money to family in another city costs 8–20% in fees.

  • 02

    Getting paid by an overseas employer means waiting days and losing a chunk to intermediaries.

  • 03

    A market trader who saves with their savings group has no digital record, no receipt, no recourse.

  • 04

    A smallholder farmer who receives aid money watches it shrink before it arrives, eaten by middlemen.

  • 05

    A gig worker can't prove their income history to access credit — their transactions live in cash.

//How Bantu helps

Protocol-level fixes. App-level delivery.

Bantu’s infrastructure addresses each of those daily problems at the protocol level — in ways applications built on the network deliver directly into people’s hands.
01
Payments

Payments that actually arrive.

When someone sends money across Bantu — to a neighbour, a family member, a supplier — it settles in 2–4 seconds for less than a fraction of a cent. No correspondent bank taking a cut. No 3–5 business-day wait. No minimum transfer that prices out small transactions. Whether the amount is the equivalent of $1 or $10,000, the cost and the speed are the same.

8.45%
Average remittance cost into Sub-Saharan Africa today

On a $200 remittance, that's $17 gone before the family sees it. On Bantu, that cost collapses to near zero.

02
Identity

A financial identity that travels with you.

Every account on Bantu has a permanent, verifiable on-chain record of transactions. For people without a bank account, without a credit history, without formal employment records, this on-chain history is something new — a portable, tamper-proof financial identity that belongs to them and follows them across every application built on the network.

Yours
Not the bank's. Not the platform's.

A market trader who's been receiving payments on Bantu for two years has two years of transaction history. A gig worker paid weekly has a verifiable income record. Neither needed a bank to create it.

03
Access

Access to the broader financial system.

Through the anchor model — where organisations connect local fiat currencies to on-chain assets — everyday users can move between the digital and physical economy. Deposit naira, cedis, or kwacha through a familiar local channel (a mobile-money agent, a bank branch, a mobile app) and receive the digital equivalent instantly. Send it anywhere on the network, swap to another currency, or withdraw back to cash at any anchor point.

No dollar required
Cross-border, in local-currency assets

An informal trader in Accra can pay a supplier in Lagos in naira-equivalent assets — without touching the dollar, without a wire transfer, and without a bank account on either side.

04
Opportunity

Fair access to new economic opportunities.

The built-in decentralised exchange means anyone — not just institutions, not just sophisticated traders — can access currency conversion and asset swaps at protocol-level rates. No premium for being small. No minimum order size. A market seller who receives payment in one currency and needs to pay a supplier in another converts at the same rate as a corporate treasury. The Token Creator tool extends this further: any community group, savings co-op, agricultural collective, or small business can issue their own digital token — without a developer or legal team to do it.

Same rate
Whether you're a market seller or a corporate treasury

A savings group in Cameroon can digitise their rotating fund. A farming collective in Kenya can tokenise their harvest. Same infrastructure that multinational banks use — accessible to anyone with a smartphone.

05
Aid

Aid and conditional transfers that reach the right people.

For vulnerable communities receiving humanitarian aid, conditional cash transfers, or government disbursements, Bantu enables what traditional systems cannot — end-to-end traceability without intermediary leakage. The protocol's asset-control primitives (authorisation, conditional release, programmable restrictions) mean aid can be issued as a digital asset that only reaches verified recipients, can only be spent on designated goods, and whose movement is visible on an immutable ledger from the moment it's created to the moment it's spent.

CHATS
Convexity's Conditional Humanitarian Aid Transfer Solution

Built on Bantu. Protects aid money from middleman corruption by making every naira traceable from donor to individual recipient. Not theoretical — in production.

//By what they do on-network

Five ways to participate.

Most everyday people never see the chain — they see the app on top of it. But the protocol exposes five distinct roles to those who do interact directly.
01

Holders

People who store and receive digital assets — the simplest form of network participation. A smartphone is enough.

02

Senders & Recipients

People making and receiving payments or remittances. A market trader receiving for goods; a parent sending school fees across a border.

03

Traders

People swapping assets on the built-in DEX. Path payments mean any-to-any conversion atomically — no middle hop required.

04

Token Creators

Small businesses, cooperatives, or community groups issuing their own tokens — saccos, chamas, susus, njangis going digital.

05

Validators

Node operators contributing to network security and decentralisation. The infrastructure layer of the community itself.

// Join the community

A smartphone is enough.

Pick a wallet, set up an account, hold or send your first asset. The barrier to entry is bandwidth, not paperwork. The Foundation does not custody user funds — every wallet is self-custodied, and the chain itself enforces the rules.