🚀 Thrilled to announce that we've made it to the semifinals at MIT Solve 2024 Global Challenges with our revolutionary solution for humanitarian aid distribution on basic phones!
What are we building?
An open-source infrastructure and a smart wallet, powered by account abstraction, that tackles the biggest hurdles aid organizations face:
🚫 No need for bank accounts, passports, internet, or smartphones
🌐 Accessible without any tech barriers
📱 Disburse funds directly via feature phones
💸 Ultra-low-cost transfers using blockchain
🔒 Non-custodial and super secure (no cash handling)
🔗 Full traceability with blockchain
MIT SOLVE announcement: https://lnkd.in/dJKZ7-zY
We're slashing fees, boosting transparency, and transforming how aid is delivered, making it more efficient and accountable.
🎥 Check out our demo: https://lnkd.in/dEJaWSqz
#opensource #DPG #Digitalpublicgood #accountabstraction #impact #blockchainforgood at Xcapit
📣 Exciting update!
🌎 MIT Solve has revealed the semifinalists for its 2024 Global Challenges!! Xcapit has been selected, and if chosen, our team will move forward to the finalist round next month!
http://bit.ly/3VYzAlx #SolveChallenges2024
#SocialImpact #StartupFunding #EdTech #IndigenousInnovation #ClimateAction #HealthEquity
SVP Medtech Innovation at Cambridge Consultants
2moMedTech Innovator - it’s an honor to be part of the MTI family!