Munich, Germany – June 29, 2023 – intive is collaborating with AID:Tech, the first company in the world to deliver international aid over Blockchain Technology. The two companies are working on an application aimed at providing payouts to survivors of natural disasters.
With a mission of providing help with the use of Blockchain and Digital Identity, AID:Tech created Kare, an application designed to support victims of natural disasters in the United States. Kare provides payouts to natural disaster survivors with a secure digital identity.
intive was proud to become a part of the project aimed at ensuring security and providing efficient humanitarian and financial assistance to those in need. Thanks to the application, it will be possible to create events, monitor natural disasters, and easily apply for help. The use of state-of-the-art solutions such as the Know Your Customer (KYC) system will ensure an appropriate authorization process that will increase the level of security, thus reducing the risk of fraud. Additionally, the mobile app will provide digital wallet support and will be available on any mobile operating system.
“We are incredibly happy to collaborate with AID:Tech on creating an innovative application aimed at providing efficient humanitarian and financial assistance to those in need. It is extremely rewarding to see how our FinTech-specific expertise and engineering excellence create a positive social impact.”
- Rahul Chhabra, VP, Head of FinTech Business Unit at intive
AID:Tech is an award-winning company focused on merging digital identity with payments for additional transparency and traceability. The company was established in 2015 and was the first company in the world to deliver international aid over Blockchain technology.
Since the beginning, AID:Tech offers products and services that help to address some of the world’s largest social issues, as well as targets set by the UN’s Sustainable Development Goals. Its solutions offer insight into transparency, performance, and efficiency generating rich datasets with which charities, NGOs, and governments can harness to improve how funds, assets, and products are distributed and tracked.
For years, AID:Tech has been on the mission to enable people to take back control of their data and to build an on-chain reputation to capture their time, effort, energy and contributions in both physical and digital worlds.
intive is a global technology company that combines deep industry expertise, user-centric design, and world-class software engineering. With its human-centric approach, intive creates digital products that empower users, deliver business value, and make an impact on society.
intive has over 20 years of experience innovating with customers across industries, including Technology, Media and Communications, Retail, Automotive, FinTech, and Telecommunications. By focusing on creating sustainable impact through digital products, intive has won the trust of leading brands such as Audi, BASF, BMW, Deichmann, Discovery, Facebook, Tandem, Paramount, and Vorwerk.
Headquartered in Munich, Germany, intive is present across Europe and the Americas, with a diverse team of +3,000 people.