Tracee

It’s time to pay back to our communities. Tracee promotes financial inclusion in MENA and empowers humanitarian organizations and businesses through innovative and user-friendly cross-border payment solutions. Tracee fulfills the day-to-day needs of organizations and individuals in a region with high potential, but lacking serious and efficient payment solutions (34% of 500 million owns credit/debit cards).

How? Smart wallet: To create a seamless UI/UX, Tracee removes the need for private keys and seed phrases while still enabling users to maintain custody of their funds. With just a phone number, millions of users can access a digital wallet. To achieve this, we use SEP30, a user-friendly key management protocol of Stellar.

Bulk payments & Stellar Aid Assist (SAA): Aid delivery and bulk payments can be costly and very slow for NGOs, especially during emergencies. Last-mile cash-aid delivery poses safety risks for transporters and collectors and is susceptible to fraud. NGO operators and recipients often lack knowledge of operating in the web3 space. Solution: We provide a user-friendly interface to easily on-board thousands of NGOs and millions of recipients (individuals in need & employees). We scale SAA to allow orgs to send bulk payments and recipients to withdraw cash at any MoneyGram location.