HABN was started under the name of Horizon Africa Blockchain by Suyash Sumaroo and Akash Balluck in 2018. It is a permissioned blockchain derived from Ethereum. Its purpose was initially to provide fast, secure and affordable blockchain solutions focused on powering blockchain-based projects in Africa, where cost is an important factor.
In 2021, we reviewed our structure, including the tokenomics and commercialization. As we are a permissioned network, our target market are businesses that want simplicity, and predictable costs to utilize blockchain solutions, or to create their “own” blockchain to cater for their activities. This lead our initial mission to be expanded to not only cater for our Africa focus, but also to businesses and projects anywhere that find what we’ve built useful.
Co-founded by Suyash Sumaroo and Akash Balluck, Horizon Africa is based in the Republic of Mauritius. Horizon Africa has been involved blockchain-based projects and provides consultancy and training to their clients and partners.Go to Horizon Africa website