Since 2015, AID:Tech has been providing a blockchain platform that offers multiple applications to address this and some of the world’s biggest problems. In particular, AID:Tech addresses two problems by enabling the asset tokenization of user’s identity and the services they can unlock.
Firstly, without legal identity, each time a person receives aid, donations, welfare payment or remittances it is a ‘one-off’. A Digital ID addresses this but leads to the second problem; data ownership and management. It is a wasted opportunity if there is no way for end-users to capture data that is associated with their Digital IDs. Having a digital ID is a gateway to a personal profile built upon data received by each person’s blockchain ID.
The AID:Tech platform is a global identity gateway for digital inclusion and economic prosperity. For the first time, advances in technology can address these complex global problems on a grand scale, turning them into great economic and human opportunities. Blockchain technology offers the ideal tool to enable this global shift of wealth accumulation to take place. Giving end-users the opportunity to own their own data, and in turn, their own future
This global challenge is a huge opportunity. Triggering an estimated investment of $2-3 trillion a year, the potential value that can be unlocked for society is immense. Markets are already reacting to this substantial potential in return of investment for this global agenda.
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