Barakah App
"Empowering Shodaqoh with Decentralized Trust and Infinite Blessings"
Created on 7th August 2024
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Barakah App
"Empowering Shodaqoh with Decentralized Trust and Infinite Blessings"
The problem Barakah App solves
- Traditional charitable donations can sometimes lack transparency, leading to skepticism about whether funds are used effectively.
- The distribution of funds can be slow and inefficient, particularly across borders or through multiple intermediaries.
- There is a risk of fraud in charitable activities, where donations may be diverted or misused.
- Traditional shodaqoh efforts are often localized, limiting the potential donor base and the impact of the charity.
- Transaction fees, especially for cross-border donations, can reduce the amount of money that actually reaches the intended recipients.
- In some regions, access to banking and financial services is limited, making it difficult for people to donate or receive funds.
- Encouraging people to give regularly can be challenging without tangible incentives.
Challenges we ran into
The challenges is actually about the time and the technology. It's because our team have our own real work and have very limited time to build the project. Also we all don't have the experience in building web3 project. So this is our first time to learn and build web3 project. Its actually quite fun and challenging. So we will keep learning and keep building in this space
Tracks Applied (1)
Web3 Innovation Track
HAQQ
Technologies used
Discussion
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