Project Overview:

NGO Xchange is a blockchain platform that solves the major compliance issues of fund tractability, security, and fraud, while offering cost savings for non-profits on the transactions.

Utilizing smart contracts, NGO Xchange creates transparent records and real-time funds tractability of donations, expenses, and contracts with suppliers, eliminating the possibility of fraud and simplifying donor/foundation compliance regulations.

NGO Xchange uses a distributed ledger providing instant and unobstructed transfer of funds between HQ and field offices to pay program expenses. This avoids local government corruption, risk to employees carrying large amounts of cash, and easy repatriation of funds.

Using the NGO Coin, financial fees when transferring funds between HQ and field offices and vendors are reduced from current high levels to .15%.

Challanges:

Many technical challanges needed to be overcome in the development of NGO Xchange upon the leading blockchain DLT platform, Ethereum. Team organization and project management were key to this project's success.

Outcome:

The team conducted market research, met with investors, developed, and launched NGO Xchange in 2018.

Capabilities Used:

• Investor relations and pitch deck
• Market analysis and marketing strategy
• Financial proformas
• Development project management
• COO services

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