BLOCKCHAIN use-case
CRISIS FUND DISTRIBUTION
Learn how blockchain is used for creating a global common ledger for raising, allocating & distributing aid, donations & grants during times of crisis.
CRISIS FUND DISTRIBUTION
Crisis situations like natural disasters, wars,
drought etc often put the economy of the affected area in a huge turmoil. Such
situations need a quick injection of funds in order to help them recover. However, this
can result in weak financial oversight over the funds received in donations/grants from
across the world and in turn, gives individuals greater opportunity to waste, transfer
or use resources for personal gains.
Moreover, during such times the
victims/refugees from remote areas are difficult to identity. Donor Agencies and
Governments often lack tools to share information and track benefits for a single donor.
Using Blockchain Technology, these funds can be
distributed in a transparent manner and further tokenized in a way in which the
donations are utilized for the right reasons.
Our work with governments of emerging economies
like India, Papua New Guinea and Indonesia has given us a unique lens to understand such
problems and apply the technology.
EXPLORE BLOCKCHAIN USE CASES
We established a Blockchain Centre of Excellence in 2016. Our team has continuously focused on using blockchain to tackle key challenges of industries like BFSI, Agriculture, Aviation and Governments.
P2P Insurance Mutual
Bringing back insurance in a very cost efficient way by allowing individuals to form groups that can share risk at affordable costs.
Aviation Supply Chain
Single Version of Truth for OEM, MRO, Aircraft, Airline & Aviation Authorities efficiently reducing operating costs & layover times.
Subsidy Distribution
Public Distribution System with assured and accurate end utilization enabling transparency, Traceability & Standardization.
Crisis Fund Distribution
A global common ledger for raising, allocating & distributing aid, donations and grants during times of crisis.
P2P Energy Trading
Blockchain platform for P2P energy trading with turing complete solar panel meters and bidding system.
Invoice Discounting
A DLT solution for Banks, Manufacturers and their Vendors to majorly reduce processing timeframes.
Immutable Audit Trail
A DLT solution for moving ahead of RDMBS implementations to store Trail data on an immutable, trusted ledger.
Tokenized Fund Transfer
Domestic Fund Transfer on Blockchain for emerging markets to tackle Inclusion without last-mile bank branches.
Bank Reconciliation
A DLT solution for bank reconciliation eliminating an age-long of different statement formats of different banks.