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AIDONIC AG

Switzerland
Market: Internet and IT, Financial services, Blockchain
Stage of the project: Operating business

Date of last change: 19.07.2022
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Idea

AIDONIC enables NGOs to manage and transact cash and e-vouchers in bulk to recipients in +190 countries instantly at the lowest costs and with real-time tracking and reporting, powered by blockchain.

Current Status

AIDONICs digital platform was launched in September 2021. To date we signed two B2B SAAS agreements, which have a total of +1.1 USD billion funding volume. Four additional NGOs are currently in the pilot phase and soon to be onboarded.

Problem or Opportunity

There is a great need for humanitarian aid innovation. Many NGOs lack connected digital tools to manage programs and transactions efficiently and at low-cost, ensuring full transparency.
Donors usually do not know how their donations are being used.
Therefore, their trust in the humanitarian work of NGOs and charities is low, and thus, their willingness to donate is limited.
As a result, the donations for beneficiaries are not distributed and humanitarian aid is not provided.

Solution (product or service)

AIDONIC enables NGOs, governments, and charities to manage and transact cash and digital vouchers in bulk to recipients in +190 countries instantly at lowest costs, with real-time tracking through blockchain technology, using one platform for all activities.

Business model

To ensure the operational sustainability of AIDONIC, a 3.5% fee per transaction is charged and a monthly subscription fee to use the platform features, based on usage.

Incubation/Acceleration programs accomplishment

Kickstart Innovation 2022
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