AID:Tech

Bringing social and financial inclusion through digital identity

Overview

We started AIDTech to offer better transparency in international aid and support services for refugees migrants and those in need. We want to offer a solution to the problem of financial inclusion for those who are currently excluded from public financial and digital services because they are unbanked or undocumented. Using blockchain based technology allows for direct entitlements and complete traceability and transparency. The problem we are solving is firstly that of financial inclusion. Once a beneficiary is registered on our platform via our partners such as the Red Cross the UN or governmental welfare depts they gain a access to a diverse variety of services. Through access to an accredited personal profile beneficiary can lay claim to services such as capital insurance pensions donations and remittances. This serves as the basis towards more equitable basic human rights and access. Using the example of a smallholding farmer by establishing a legal identity (SDG 16.9) documented on the blockchain their profile serves to host entitlements such as land registry records insurance and remittances. In 10 years time we want to see hundreds of millions of users transacting on our platform making the most of services made available via our blockchain solution.