The Start Bank or Mauritus (SBM) has signed an agreement with the company Salt, startup based on the Blockchain technology and which is a credit platform.

This company allows owners of Crypto Currencies to borrow through their holdings.

This agreement is a preliminary agreement that will allow SBM to test specific applications.

As a reminder, Mauritius is an island in the Indian Ocean of 1.2 million inhabitants and whose authorities have decided in recent years to make this territory a magnet for startups in blockchain.

SBM President K.C. Li Kwong Wing said about this agreement:

“This relationship will go a long way towards achieving our country’s goal of becoming a magnet for blockchain companies and fostering financial inclusion.”

SBM would be interested in financing the platform and being part of the company’s loan services.

The President of the SBM added:

“We look forward to exploring the possibility of providing banking services to this innovative company.”

The leaders of Mauritius want to make their island a center of Blockchain.

It is in this spirit that members of the Ethereum ConsenSys startup visited the island to meet with public and private sector representatives.

The aim of these “exploratory” agreements is to create an Ethereum island to help blockchain startups develop in the world and particularly in Africa and Asia.