AID:TECH AWARDED $100,000 GRANT FROM THE GOVERNMENT OF DUBAI

Aid Technology, a global innovator for Expo 2020, based in Dublin, has been awarded $100,000 grant which it will use to deploy Blockchain technology in a groundbreaking welfare project in Jordan.  As Expo Live Vice President Yousuf Caires stated, “Using technology to provide people with a legal identity is hugely important. And what is amazing it that it unlocks a whole host of services where were previously unavailable to billions of people. What we are particularly interested in is the ability of blockchain to bring transparency to foreign aid and charitable giving, which is helping millions of people worldwide each and every day. It is making a difference, but in order to go on doing so, donors – whether governments or individuals – want to know how their money is being spent, and that it is being spent well. AID:Tech’s application of blockchain technology to achieve this is a simple solution that addresses this challenge.

These are real change-makers addressing our world’s most pressing challenges; they are visionaries who are determined to see their projects bring meaningful change to those that need it. We are fortunate to have them on our program and look forward to walking by their side on their path to success.”

Joseph Thompson, CEO and co-founder of AID:Tech, said: “Our solution brings identity to the unidentified, of which there are 2.4 billion people in the world right now. It gives them a ‘financial voice’ and connects them with important services like welfare, aid, donations, remittances and insurance. It also gives humanitarian organizations and governments the ability to sidestep costly middlemen, to access and verify critical information, and to track the flow of funds and resources from donation through to delivery. “We are delighted to receive this grant from Expo 2020 Dubai, which will provide operational support to the technology through global partnerships.” AID:Tech is also supported by Irish Government Agency Enterprise Ireland.