In 2009, I ran the world’s toughest marathon in Sahara Desert to fundraise for a charity. I raised $122k and I wanted the money to go towards reconstructive facial surgeries for children. Long story short, after the marathon, the funds could not be traced – no one seems to be able to find out whether it did go to the cause intended. Disheartened by the outcome, I began AID:Tech to make sure this problem would never happen again.
When I set out to create change, I learned early on that tracing the delivery of resources down to the very last mile means the recipient must have a verifiable identity. Yet, the 2.4 billion people in the world who lack this form of identity are oftentimes the people who need these funds the most. AID:Tech is responding by building blockchain solutions that focus on using identity as gateway to other services, including entry to formal economic participation.
The solution makes unique digital identity profiles available to people that they can access on mobile devices, the web and plastic cards depending on their diverse needs. Each profile contains a unique QR code that front line workers and shopkeepers can scan to learn who the cardholder is and what form of aid he or she is entitled to – a bottle of water or bag of rice from the shop, perhaps. When the cardholder receives the allotted goods, a permanent record is stored in real-time on the blockchain for anyone with access to see. Our solutions has also been implemented for welfare in the U.K., remittances in Serbia and other forms of aid including monetary donations.
Making waves with AID:Tech comes at a fitting time – the billions of dollars of funding circulated every year seem to be making little impact on the growing needs around the world. In 2016, international humanitarian funding requirements reached $20.5 billion, but funding fell 40 percent short. The gap signals the growing skepticism towards aid and development funding, inspiring a need for innovation to re-engage funders at the institutional and individual level.
Our TraceDonate product responds to this need by sending a notification to donors when their contribution has been delivered to the deserving recipient – giving them greater transparency into where their resources are going.
We joined Mastercard Start Path to receive support in furthering our goals of bringing more people into social and financial inclusion. By connecting to the company’s network of partners, we hope to show others that our blockchain solution has the power to change the lives of people around the world.
90 Comments
Nice info! -Joseph Thompson
Thank you very much for sharing informative article here.keep all updates here
very nice blog,i like this aarticle
its very nice blog for customers
subberb info i liked this info
Droidx is good android emulator
great article impressed
The blog has dropped many resources for changing the delivery updates. The aid details you can find tfromt he master card to mange their assignment book full updates.
its very nice blog .its very useful
Thank you so much for your kind information <3 . Useful stuff.
Thanks for the information present here in this article.
Thanks this is great information presented here in this article.
This is the great information presented here in this article.
Writings-Centre.com offers you superior quality writing help that you can enjoy any time you get a challenging task you cannot handle yourself. We have designed a special website for writing papers online and thus, are happy to provide you with help writing an essay for college.
Great article.I learned something new after going through this article. Thanks for sharing.
nice post.
I believe there are many who feel the same satisfaction as I read this article! I hope you will continue to have such articles to share with everyone!
I think Mastercard is staking a good approach to this. Fintech is the future of technology.
The blockchain solutions implementation sounds a very nice idea from Mastercard. I can’t wait to see what kind of result it will produce in the future.
That’s really interesting post. Very nice. Really appreciate this.
Yeah, with kind messages that reaches the heart, relationships can get stronger. Humanitarian aid is far important for love and unity to exist in the ecosystem.
Mastercard always bring innovation on their menu. No wonder why it’s have been consistently provide the best services for it’s customers for ages. I salute you.
You are doing a good job keep it up Very informative post, thank you so much for writing this type of useful information.
Very useful post here. Thank you for sharing your knowledge with me. I will definitely be back.
Thanks for sharing the information
I like this post thanks for sharing.
Our TraceDonate product responds to this need by sending a notification to donors when their contribution has been delivered to the deserving recipient – giving them greater transparency into where their resources are going.
Good information about changing the delivery. We can write and your topics briefly because we are one of the best assignment writing company.
Your learning is good about tracing the delivery of resources because it helps to improve company revenue and customer satisfaction.
Wow amazing i saw the article with execution models you had posted. It was such informative. Really its a wonderful article.
This is so amazing
the growing skepticism towards aid and development funding, inspiring a need for innovation to re-engage funders at the institutional.
article you shared with great information. giving such a wonderful informative information.hope you will again post.
globe are well trained in their chosen field of study which reflects in multiple offer. It is important to choose the best one among the many
very perfect information thanks so much for sharing this
Hi, Really thoughtful post. It was such informative. Really its a wonderful article. Thanks to share with us.
Well quite interesting, thanks for sharing.
I think, in these tough times, this is a need of the time. Thanks for sharing.
I discovered your this post while hunting down some related data on website search. It’s a decent post. Keep posting and upgrade the data.
Wireless technology has become so powerful that anyone can now do the transaction in a segment of a second. I went to a coffee shop, had a coffee, and started scanning the coffee shop wireless network.
Thanks for sharing valuable information. Keep posting!
Great article, Thanks for sharing valuable information. Keep posting!
Boden offers a chic fashion corner for fashionable men, women, and children. With trendy clothing and accessories by Boden, you can flaunt your unique and exceptional style.
Vonhaus discount offers the best range of super-chic yet affordable furniture, homeware, high-quality DIY tools, vacuums, kitchen range, garden tools, and more.
Good article
Our website promotes the best deal for our users. Feel free to go to the website for browsing the stores you like. Stores like Patpat.
Thanks for sharing! It helps a lot.
Sri Ganapathi Astro, Pandit, Sri Damodhar Rao is a well know and top trusted astrologer in Bangalore. He gives the best solutions to your all problem, and his talent in astrology is well known Damodhar Rao, a polymath in Astro science, demonstrated his authenticity by providing services to the best of their interests. This ability makes him the best astrologer in Bangalore.
Thanks for sharing helpful information.
Very Good post
Hi! I am overwhelmed to receive such an amazing article with so much helpful knowledge. Thanks for sharing this piece of work with me.
it’s very nice blog for customers
Nice info! -Thank you very much for sharing informative article here
Thanks for the info. Much appriciated. Keep posting.
Thank you so much for this awesome post
Custom paper boxes include the customization or personalization of using various attractive and beautiful designs. A mono colored, blank and simple paper is never in demand as compared to a modified, designed and personalized designs.
thank you for the comment
really nice work keep it up
and you can set the pins for targets at different distances: you’ll set a pin for a target at 10 yards, another pin for a target at 20 yards, another for 30 yards, and so on. Here’s a fixed pin sight with three pins:
Amazing Post and great content. Thanks for sharing this article.Thanks Again!!
Thanks for the information present here in this article.
Yeah, with kind messages that reach the heart, relationships can get stronger.
Great article, Thanks for sharing valuable information. Keep posting!
I discovered this post while hunting down some related data on website search. It’s a decent post.
That’s a really interesting post. Very nice. Really appreciate this.
You are doing a good job keep it up Very informative post, thank you so much for writing this type of useful information.
Really thoughtful post. It was such informative. Really it’s a wonderful article.
Nice info! -Thank you very much for sharing the informative article here.
it’s a very nice blog for customers.
very nice blog,i like this aarticle
This post is very much informative. The information source was outstanding.
very nice blog,i like this aarticle
The blog has dropped many resources for changing the delivery updates.
Wow amazing i saw the article with execution models you had posted.
The blog has dropped many resources for changing the delivery updates.
I think this is an informative post and it is very beneficial and knowledgeable. Therefore, I would like to thank you for the endeavors that you have made in writing this topic. All the content is absolutely well-researched
Tanks For sharing Article… good job
Amazing Tank you
Thanks for your sharing! It’s helpful!
The blockchain has indeed revolutionise the way transactions is being done nowadays and this is only the beginning. I’m glad to read that Mastercard is now moving to that direction.
Please keep updating with great posts like this one. Very amazing, thank you!
This article is an appealing wealth of informative data that is interesting and well-written. I commend your hard work on this and thank you for this information. You’ve got what it takes to get attention
Developing engaging content, optimising SEO, Social Media (SMM) and PPC for marketing campaigns using indigenous techniques and business intelligence tools / data analytics.
Buy your favorite refurbished iPhones online for less with Mastercard.
ดู kseries ยังไง ให้มีรายได้ การใช้เวลาที่มีให้คุ้มค่าก็คือการเล่นเกมสร้างรายได้ไปด้วยระหว่างดู ซีรีส์อันแสนสนุก เกมที่ทางเราแนะนำ จากค่าย pgsoft นี่เลย เกมสล็อตออนไลน์ pg-slot.game
This information is very informative.
Snagit Crack gives users the tools to visually communicate ideas, provide feedback, and even create content that can be shared. Users can easily take a screen and then modify the appearance of their screen by using the editing tools in Snagit.
Thank you for useful article. You have given very good information. Find out more information about
vastu consultant nea
Very nice invention. It will help a lot of people.
You have given very good information. Find out more information about
vastu consultant near me