MOSCOW, December 1. /TASS/. Russia’s Web3 Tech and international company Techabantu will deal with joint implementation and development of blockchain solutions for the public sector and the business in Africa and Asia, the press service of the Russian company told TASS.

"Web3 Tech will enter new international markets. As part of this strategy, Web3 Tech and Techabantu signed an agreement on cooperation in development and distribution of product solutions on markets of Asia and Africa," the company said.

New sales channels may capture up to 5% of the distributed register technology in the government sector and the major business in Asia and Africa in 2024-2025, Web3 Tech experts say. Techabantu will act as a reseller and an integrator of Web3 Tech, products and solutions, such as a platform for digital financial assets float and tokenization, a distant e-voting system, and cross border payments.