After speaking to the Durable Alimentation Bank we discovered that food-banks, in many cases, were not using money efficiently. After speaking to a number of NGOs we discovered that only a maximum of $0.60 of every $1 is spent on providing food to the vulnerable. Why? Because the lack of transparency and considerable amounts of bureaucracy has made food distribution poor. According to a Unicef report, a major cause for the food crisis is economic instability. Job losses, wage losses and increased food prices all lead people to shift their diets to cheaper starch-based meals. The outcome, malnutrition and a major reason for many children to have stunted growth.After discovering this, we realised there is a need for an efficient and economically robust system for distributing food across North Africa.
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Implementation of the technical solution and testing then Identify key partners, government, businesses & NGOs to engage the project with to setting up contracts and legal framework with key them lastly finding custodian of fiat funds for backing
Criteria and process setup for identification of vulnerable groups to provide workshops with them and local organizations, then we Identify the key resources, products and services needed by the vulnerable groups finally allocate coins to selected individuals and projects to analyze data and collect feedback.
Communicate and digest results of learnings Identification of additional use cases and process adaptation and to engage in further regions and scaling out of the solution.
We are using blockchain to create tokenized food vouchers. Using an affordable mobile phone, the people of North Africa that use food-banks will be able to get their food in supermarkets or small shops that have signed up to be part of our food partnership scheme. These partners, after receiving one of our food tokens, can redeem them for money at a pre-agreed price. To ensure the system is secure, all tokens run using blockchain and are backed one for one in the currency the country operates in and with The Smart contract manager it becomes easy to create and distribute token vouchers. Using this tool it is easy to add more food tokens into circulation or remove them.