Tzedakah Foundation
Immutable, transparent, trustless, reminder oriented Giving and Receiving app which makes it easier for Jews all over the world to donate DIRECTLY TO NEEDY PEOPLE AND FAMILIES, as well as to Charities
Foreign StartupTzedakah Foundation is a foreign startup, established in 2017. Immutable, transparent, trustless, reminder oriented Giving and Receiving app which makes it easier for Jews all over the world to donate DIRECTLY TO NEEDY PEOPLE AND FAMILIES, as well as to Charities.
The company follows a B2B2C/B2G business model.
- ModelB2B2C, B2G
- Last RoundUndisclosed
What does Tzedakah Foundation do?
Social Tzedakah funding model is broken, and Tzedakah.io is the solution. 43% of people dont trust charities, and stopped or slowed-down giving. Our app brings back the trust to the charity sector by making donations trackable and efficient. Donors dont know where their money is going. Our app and smart contracts cuts out bureaucracy and creates a high level of transparency and accountability, allowing donors to know exactly when and how their donation will be received. Indigent can register, and after verification, can anonymously or openly request charity based on their needs. The Verifiers provide the authentication for indigent people, and we reward these Miners (Ravs and Rabbis) for validating people. App allows donors to find, and make exact donations to specific people. Never lose your charitable receipt, they are stored in the app Our app allows registered Charities to accept payment in Fiat (128 currencies) and Cryptocurrencies. (via mobile, web, POS terminals) When discovered real Judaism, I noticed that Tzedakah has not progressed into digital age, and still maintains traditional approach to charity, and I want to enhance that. I believe that digital Tzedakah will increase the Charitable Donation market significantly, introducing it to new audience.