SoKat.co | ICOholder

О проекте SoKat.co

Executive caliber customized consulting in blockchain, big data, machine learning / AI, innovative entrepreneurial ventures, strategic data management, and financial investments. Exploratory data analysis of both structured and unstructured data sets. Gain insight and truly understand the value of your data assets both numerical and textual.
Identify, curate, and store valuable digital assets to fuel predictive models. Models are built to work robustly out-of-sample.Build useful applications and products upon the blockchain data layer, to provide significant value to your strategic mission.
Grantee organizations receiving more than $750,000 annually are subject to a mandatory audit. Grantee recipients with poor historical track record and who have other negative factors are more likely to become audited for adverse events, such as noncompliance or reportable conditions. Using a AI/ML algorithm and multiple data sets, SoKat built and deployed the Recipient Profile model that predicts the probability of audit findings. The application also displays aggregated descriptive data tailored to the needs of the client. This tool helps the awarding organization or grantor better identify and understand the organizational risks inherent in awarding significant grants and is currently in production within the client’s infrastructure.

Currently, we are building a pilot program that leverages the blockchain to track the entire grant spending ecosystem. The blockchain is an immutable, secured ledger that stores information. As grants are ultimately funded by taxpayer dollars, grantee spending should be transparently available to the public. We are working closely with our client to build the first Grant-Blockchain to provide unprecedented transparency into the spending of grant moneys. Thus, the Grant-Blockchain will provide transparency, accountability, and reduction in fraudulent transactions.