Ethiopia, through existing social financial solutions called Equb and Eder, isnt scallable due to lack of transpatancy and trust.
Equb and Eder work can scale these solution by putting it in on the blockchain
This is the total amount allocated to Project Dejene: Modernizing Defi.
For Equb- Incorporating existing Equbs
Digitizing and drawing process over the blockchain
Digitizing the payments.
Gathering participants.
Digitizing their collateralizable assets.
For Eder - Developing the system over the blockchain ( Gofundme on the blockchain)
- Marketing the system for people in need of it. (Targeting various foundations for cancer and dialysis users)
NFTs for indivduals
Verifying the destination of the money that would be collected.
Verifying payments to be used as tax credits internationally.
- We have sample Equb and Eder collectors working directly with us.