On February 2023, Libeara conducted a test exercise to replicate the real bond lifecycle of Ghanaian government bonds, involving everything from creation to retail investor onboarding, account creation, and an entire slew of transactions both within the Libeara platform and with Ghanaian Mobile Money wallets.

Participants included employees of Standard Chartered Bank (“SCB”) Ghana, SCVentures, ITConsortium, as well as international volunteers. The test successfully simulated key processes including the uploading of mock identity documents*, frontend interactions, API connectivity, and backend functionality.

*Testing did not require participants to input any real personal information or data.

Based on the Stellar Network, Libeara allows the Ghanian population to access a broad range of retail sovereign bonds via public and private blockchains that are more flexible, interoperable, and cost-effective than traditional centralised solutions. More importantly, the Libeara platform maintains user privacy and allows the Ghanian financial ecosystem to leverage fintech innovations in real, valuable, and compliant ways that benefit investors, asset issuers, and the nation.