A technical specification for turning local-currency intent into an authorized, executable and auditable transaction across wallets, agents, merchants, services and settlement assets.
We define a governed protocol in which a principal expresses intent, a local-language agent constructs a candidate action, the principal signs the scope, BoomPay executes the approved route, and the resulting payment, delivery and evidence events are reconciled.
We design for roughly two billion adults, mainly in emerging markets, who transact outside the banking system. Across about 100 currencies, this is a multi-trillion-dollar cash economy. In Africa, roughly 90% of daily commerce is cash, making the gap between physical value and digital commerce especially visible.
People want to custody their own money and settle directly. Cash preserves independence at rest, but cash cannot be spent online and cannot settle a cross-border trade through a communications channel.
Banknotes are local, physical and difficult to route across borders. They cannot carry a signed online instruction, delivery proof or programmable settlement state.
Users avoid institutions they do not trust with access, custody, continuity or pricing. They want self-custody and direct settlement rather than leveraged deposit intermediation.
Blockchain systems have not yet made identity, language, payment, delivery and evidence simple enough for mass-market use.
A permissionless product layer lets a user create an account in about one minute, hold a self-custodial wallet, fund locally and transact online. Where licensed, deposits are designed to be 100% backed by sovereign bonds rather than leveraged against user balances.
Our thesis is that if Africa and other emerging economies could trade online with one another and globally, the resulting increase in market access and commerce velocity could double GDP across participating economies in less than ten years.
The architecture separates physical infrastructure, settlement rails, user-facing applications, commerce domains and future orbital nodes. Each layer can evolve independently while preserving one transaction record.
The agent may search and plan. The principal authorizes. The rail executes. The ledger records.
Natural language or structured request.
Offers, price, route and evidence.
Principal signs the exact scope.
Adapters perform the approved action.
Receipt and proof reconcile state.
Users and institutions may enter through cash, local-currency rails or another approved method. The settlement layer records the entry value, references BMC, and closes against the merchant, service, commodity or remittance outcome.
Local currency or approved funding method creates available wallet balance.
Principal approves amount, recipient, route, expiry and evidence requirements.
BoomPay invokes the route and links the approved value movement to BMC.
Payment, delivery, custody, fee and exception events close the transaction.
BMC is proposed as the common settlement and treasury reference for approved wallet, payment, remittance, commodity and reconciliation flows.
Connects wallet funding and merchant acceptance to the transaction graph.
Records state transitions and references linked evidence.
Exchanges approved instruments under policy and custody controls.
Lets participants inspect the resulting record and settlement state.
Photon AI provides the cognitive layer: local-language understanding, agentic planning, tool selection and execution support. The personal AI runs natively and locally on all supported smartphones, keeping private context on-device and preserving data sovereignty; higher-assurance workloads move only to an approved local or institutional boundary.
Runs natively and locally on the smartphone's CPU. The personal agent has no data-centre dependency for the interaction; prompts, user context and task preparation stay on-device by default.
Approved workloads can run on ordinary local servers with controlled synchronization and a local audit boundary.
High-assurance workloads remain inside an approved jurisdiction with ownership, access review and escalation to people.
Language capability designed for African languages, knowledge and local context.
Cyber-defence frontier model designed to defend against attacks at machine speed.
Institutional knowledge and values become useful model input with provenance.
Photon AI is building toward renewable AI data centres across Africa and other markets to host sovereign models and inference.
Security is not one control. It is the composition of identity, policy, signatures, bounded authority, evidence and explicit failure handling at each transition.
Share only the claims required by the next actor. Keep private context on the device or within the approved execution boundary. Expose public state as commitments and receipts, not as an unbounded copy of personal data.
Licence, location, participants and KYC evidence.
Weight, image, GPS, assay and miner payment.
Signed aggregator, transport and export transfers.
Bar, coin, serial and NFC evidence map back to origin.
Fully traced value supports approved reporting and settlement.
Boom is fully functional as of September 2026. The platform supports the core wallet, payment, commerce and settlement loop, with multiple new use cases in the pipeline and Agentic AI integration advancing the execution layer.
We extend the live core through a defined jurisdictional perimeter, funding route, merchant or service surface and evidence-heavy workflow. The same linked record carries payment, fulfillment, custody, exception and reconciliation state as the graph scales.
Identity, data, custody, AML, sanctions, disclosure, escalation and retention requirements.
Wallet, agent, merchant, fulfillment, commodity, remittance and settlement interfaces.
Measure successful intents, settlement time, exception rate and evidence completeness.
Add languages, currencies, merchants, institutions, assets and jurisdictions.
Define which data, models, credentials and decisions must remain inside each approved execution zone.
Define confirmation depth, reversibility, dispute handling and evidence required for each asset class.