Usecase Database

MakerDAO

Finance

Governance

Money transfers

Remittances & Cross-border payments

Verifiable credentials

Ethereum

Global

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About

MakerDAO is a decentralized global reserve bank that created the Maker protocol that underpins its stablecoin (called “DAI”), as well as provides other functionalities (like governance).

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3NUM

3NUM Shield is an anonymous web3 mobile number that protects a user’s identity and provides private, secure messaging.

Anonybit

Anonybit is a decentralized, authentication protocol based on biometric and blockchain technology.

BitPay is an app for buying, storing, swapping, and spending cryptocurrency. Ralph Lauren partnered with BitPay to accept cryptocurrency payments - including Bitcoin, Ethereum, and MATIC - in its new store in Miami’s Design District.

BlockCerts Wallet

BlockCerts Wallet allows students to access verifiable, tamper-proof version of their diploma that they can share with employers, schools, family, and friends. BlockCerts Wallet partnered with Massachusetts Institute of Technology (MIT) for a pilot program of issuing diplomas to a cohort of 111 graduates.

Blockchain Lock

Blockchain Lock is building the bridge to unlock doors in physical buildings using digital infrastructure. In a simplified use case, a holder of organization A’s credential can unlock partner organization B’s office door, as long as the access is granted, without invading A’s privacy.

Chivo Wallet

The Government of El Salvador created the Chivo Wallet to send payments in dollars or Bitcoin. The El Salvador Central Reserve Bank reported that Chivo processed $50+ million in remittances in the first 5 months of 2022.

Chronicled

Chronicled aims to automate transactions between trading partners in the Life Sciences Industry. It has partnerships with large companies like Pfizer, McKesson, Bayer, among others.

Circle

Circle began as a peer-to-peer payments technology company that now manages the stablecoin USD Coin (USDC). As of June 11, 2023, there’s $28+ billion USDC in circulation among 1.7 million holders. Circle is trusted by a number of large institutions including BlackRock, BNY Mellon, Mastercard, VISA, worldpay from FIS, MoneyGram, and Coinbase.

Civic

Civic gives users and enterprises access to identity and access management (”IAM”) tools for DeFi, DAOs, or anything else on-chain.

CLV Wallet

Clover is a one-stop infrastructure platform for cross-chain and decentralized applications. CLV Wallet is a cross-chain all-in-one wallet that supports in-app messaging, asset management, seamless transfer of cryptocurrencies, and now enables users to store their verifiable credentials. CLV Wallet allows users to prove their access rights in a privacy-preserving way through ZK proofs.

Content Credentials

OpenSea - the largest NFT marketplace - partnered with Adobe to create “Content Credentials,” a tool that allows artists to attach attribution rights directly to a piece of work on Adobe Photoshop and have that information displayed when selling their NFTs on OpenSea.

Diagonal Finance

Diagonal allows businesses to integrate cryptocurrency payments as well as facilitates subscription payment services.

Disco

Disco is a digital identity “data backpack” where users can stash their private data in a way that they retain ownership and control of that data.

Empowa

Empowa, a Mercy Corps Ventures (”MCV”) portfolio company, is a property development and NFT digital collectibles platform that aims to enable “affordable home loans for the financially excluded.” Empowa and MCV partnered to launch an affordable housing pilot project that uses retail NFT sales to create liquidity for the provision of affordable housing units.

Evernym

Evernym allows individuals to manage their identities all over the web.

Felix

Through an integration with WhatsApp, Felix allows individuals to send fast and cheap payments, with a focus on Latin America.

Follow My Vote

Follow My Vote is an online voting platform and ballot box.

Frax

Frax is the first algorithmic stablecoin backed by a fractional reserve.

Gatekeeper

GateKeeper is a no-code credential issuance and verification platform that enables access control management via a dashboard. GateKeeper aggregates multiple identity data points - such as Verifiable Credentials, NFTs, on-chain data and more - to simplify and customize the requirements for gating content.

Kotani Pay x SympliFi x UTU

Mercy Corps Ventures (”MCV”) partnered with Kotani Pay, SympliFy, UTU, and Kwanza Tukule (a social impact company in Africa) to launch a pilot in Nairobi, Kenya that leveraged DeFi to power a Buy-Now-Pay-Later (”BNPL”) product for micro, small, and medium-sized enterprises (”MSMEs”), specifically for food vendors. Kotani Pay is a platform that allows blockchain fintech companies to integrate with local payment channels in Africa. SympliFi is a payments platform that aims to increase access to credit for those seeking to launch or grow a business in Africa. UTU launched the “UTU Trust Engine,” a browser extension that aims to “create trust signals and personalized recommendations” for users engaging in transactions online.

Kuva

Kuva enables businesses in emerging markets to make international payments faster and more cost effectively as compared with traditional means. Kuva has also launched Kuva Local, an e-commerce platform that allows locals and global customers to shop at local stores in a number of African countries.

Leaf Global Fintech

A UNICEF portfolio company, Leaf Global Fintech, developed a virtual bank for refugees and vulnerable populations. It enabled the storage and transfer of assets across borders without the need for a smartphone. Leaf increased access to financial services for 7,000+ individuals and impacted 40,000+ beneficiaries. IDT Corporation acquired the company.

LegitDoc

LegitDoc is a platform for issuing tamper-proof digital documents. It has two current projects related to education and verifiable diplomas. First, the Maharashtra State Board of Skill Development (MSBSD) partnered with LegitDoc to issue and verify roughly 100,000 digital diplomas for students. Second, the United Network of Professionals (UNP) - an Indian e-learning platform - started to issue blockchain-native certificates to its students.

Ligero

Ligero is a platform for decentralized collaboration that uses secure multiparty computation (”MPC”) and zero-knowledge proofs (”ZKPs”).

Lugano Plan B

Lugano’s Plan B is a joint initiative between the City of Lugano and Tether to accelerate the use of and leverage Bitcoin technology to transform the city’s financial infrastructure.

Medicalchain

Medicalchain streamlines information flows in the medical field. It announced a partnership with The Groves Medical Group, making it the first medical practice in the UK to use blockchain technology and to accept cryptocurrency as payment for health services.

Mento Protocol

The Mento Protocol powers stablecoins that can be used to make payments (especially cross-border ones) faster and cheaper. In 2021, Mercy Corps Ventures (MCV) partnered with the Celo Foundation and used the Mento Protocol for supporting un- and under-employed Kenyan youth with new and efficient income streams

MobileCoin

MobileCoin is a privacy-focused cryptocurrency and payment system for merchants. Signal integrated MobileCoin into its app for sending P2P payments worldwide.

Nodle

Nodle allows smartphones to become edge nodes. Nodle has recently joined the Content Authenticity Initiative (CAI) - a movement of technologists and large companies like Adobe, Microsoft, The New York Times Co., Truepic, Qualcomm, Witness, CBC, BBC, and others that aims to address digital misinformation and content authenticity - to incorporate the CAI photo verification standards for NFTs.

Noox

Noox allows users to mint their Web3 achievements as NFTs, essentially creating online “badges.”

OpenCerts

OpenCerts - part of Singapore’s Smart Nation initiative - enables issuance and validation of academic certificates. OpenCerts has a number of partnerships with large institutions, some academic, like the National University of Singapore and Singapore Management University.

Polygon ID

Polygon ID, with the help of zero-knowledge proofs, lets users prove their identity without the need of exposing their private information. Polygon ID enables organizations on one side to issue verifiable credentials about users, and organizations on the other side to verify those claims.

Project Guardian

JPMorgan partnered with the Monetary Authority of Singapore (MAS), DBS, and SBI Japan to test the potential of DeFi in traditional banking. In this pilot, JPM issued tokenized S$100,000 ($71,000) and traded it for tokenized yen with Japan’s SBI Digital Asset Holdings.

Proof of Attendance Protocol (POAP)

POAP is a way to commemorate events and memories through “digital mementos.” A number of organizations and companies are already using POAPs: adidas, Vogue, ebay, Spotify, Budweiser, WNBA, Miller Lite, Github, US Open, T-Mobile, Citi, and Goldman Sachs.

Reserve

The economic turmoil and hyperinflation in LatAm is causing citizens to turn to cryptocurrencies for help. Reserve launched an app to convert fiat currency like Venezuelan bolivares for U.S. dollars via the Reserve stablecoin. After one year on the market in Venezuela, Colombia, Panama and Argentina, Reserve reports 100,000+ weekly app visitors and 8,000+ merchants accepting it as a means of payment.

Sedax

Sedax is an encrypted e-KYC solution that allows users to perform KYC verification at private entities (like hotels) without exposing their ID credential. Sedax eliminates the need for physical submission of government-issued identification to limit exposure to and reduce leakage of personal data.

Sling

Sling allows users to send money to anyone, even if they don’t have a Sling account themselves.

Stripe Connect

Stripe launched Stripe Connect to extend its global payment services, and it will include cryptocurrency payments.

Synaps

Synaps is a crypto-native identity verification provider and decentralized identity protocol issuer.

The Giving Block

The Giving Block allows individuals to make a crypto or stock donation to nonprofits, charities, universities, faith-based, and other mission-driven organizations. These organizations include the American Cancer Society and Save the Children.

Valiu

Valiu, a Mercy Corps Ventures (”MCV”) portfolio company, aimed to address the crisis in Venezuela - 4.5+ million displaced Venezuelans fleeing to Columbia for refuge - by allowing faster, cheaper, and safer remittance payments to those left behind. Valiu facilitated $8.4+ million USD in payments before shutting down operations in December 2021.

VOATZ

Voatz is a mobile voting platform that runs on blockchain.

WalliD

WalliD provides an onboarding and data verification solution by aggregating verifiable data sources and infrastructures. The aggregator brings together OAuth providers, Blockchains, Public Key Infrastructures (PKIs), DIDs, and Zero-Knowledge protocols. This allows WalliD to offer a toolkit with different suites of products that cater to the needs of WebApp, dApp developers, and users.

WiW

WiW is a privacy-preserving identity protocol that focuses on building web3 reputation & providing identity solutions by incorporating both off-chain and on-chain data.

Xage

Xage is world’s first blockchain-enabled cybersecurity platform for IoT companies. It has partnerships with companies like Microsoft, Dell and the U.S. Air Force.

Yellow Card

Yellow Card is the largest centralized cryptocurrency exchange in Africa. However, unlike in other centralized exchanges, the average Yellow Card customer stores money on the platform for about five minutes, using the exchange as a way to quickly send money across the border. Since its launch in 2019, Yellow Card has processed $1.75 billion in crypto remittances.