ProsPay
Unlocking Financial Equity: ProsPay—where equal donations empower universal basic income , securely and privately.
Created on 10th December 2023
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ProsPay
Unlocking Financial Equity: ProsPay—where equal donations empower universal basic income , securely and privately.
The problem ProsPay solves
ProsPay
Problem it Solves:
- Financial Inequality:
Traditional financial systems contribute to economic disparities, limiting access to financial resources. ProsPay ensures equal distribution of donations, fostering inclusivity. - Lack of Universal Basic Income (UBI):
ProsPay introduces a platform delivering a form of universal basic income by equally distributing donations, promoting financial stability. - Trust and Identity Verification:
Establishing trust and verifying user uniqueness is challenging. ProsPay leverages AnonAadhaar for secure verification, fostering a trustworthy community.
How it Makes a Difference:
- Equal Financial Opportunities:
Users contribute to and benefit from a donation pool, ensuring equitable distribution of financial resources. - Accessible Universal Basic Income:
ProsPay democratizes access to universal basic income, providing a consistent and fair income source for participants. - Secure and Trustworthy Community:
AnonAadhaar enhances trust, creating a secure environment for users to engage in financial transactions. - Socially Inclusive Onboarding:
Simplified onboarding via phone numbers on Celo makes the platform accessible, fostering social connections. - Privacy-Centric Identity Verification:
AnonAadhaar ensures user privacy during identity verification, establishing a secure foundation for financial interactions.
ProsPay transforms financial support access, promoting inclusivity, trust, and financial empowerment within a global community.
Challenges we ran into
Social connect Integration
We tried to use AnonAadhar not just for login but also as a means to check for unique users....this was a little challenging since we hand to go through the docs deeply and integrate anonaadhar with a mapping to users social connect Id in a database.
Tracks Applied (5)
Ethereum Foundation Track
Ethereum Foundation
Celo Track
Celo
Base Track
Base
Alliance Track
Alliance
Scroll Track
Scroll
Technologies used
Cheer Project
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.
Discussion
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