not approved
Microfinance ID Uplink to Banking
Current Project Status
Unfunded
Amount
Received
Received
$0
Amount
Requested
Requested
$85,000
Percentage
Received
Received
0.00%
Solution
Integrate a blockchain ID system into the rural village banking system, easing friction of payments to vulnerable people. Also enabling international remittances from abroad directly into villages.
Problem
No formal ID system exists in Laos making payments to & from vulnerable rural people difficult. We like to uplink our shared Distributed Ledger Microfinance platform to the formal banking system.
Impact / Alignment
Feasibility
Auditability