Transforming payment and transfer services for institutions
We believe transparent and trusted data that empowers and protects one’s privacy will be the most important commodity in the next decade. But few are leveraging data to its full potential. Many systems are built in the yesteryears providing little to no insight on how things are done. Where data is available it is silo-ed and fragmented.
At the same time, changing consumer demand surrounding performance, transparency and control are driving the need for a transformation in both approach and processes is critical for the longevity of institutions and sectors.
Transparency Engine equips end-users with unique blockchain digital IDs, which are both an identity tool and a wallet for managing social and financial entitlements. For end-users, digital IDs widens access to services whilst allowing profiles to automatically build upon transactional data. These profiles empower end-users with control over their personal data.
An established gateway to social and financial services, institutions providing disbursement services benefit from unprecedented transparency and traceability over processes; from point of delivery to last-mile expenditure.