XDC Network has selected eight startups to participate in its first accelerator program. TenityAn innovation ecosystem specializing in early-stage fintech startups.
of XDC Accelerator Program This marks a significant step for the emerging blockchain platform known for its focus on tokenizing real-world assets and trade finance.
Selected startups will have access to business and technical mentorship to refine their business value proposition and develop a working MVP.
The program will culminate with a Demo Day in Singapore during Token2049 Week, where these startups will pitch their ideas to potential investors, partners and users.
The XDC Network, which is compatible with the Ethereum Virtual Machine (EVM), is designed to help these startups apply blockchain technology to real-world applications.
The eight selected startups are:
A global academic and professional credentials verification platform that uses blockchain and AI to streamline background checks.
A healthcare platform that prioritizes seamless data interoperability to improve patient outcomes and reduce errors.
A decentralized lending platform that integrates traditional finance and blockchain to provide secure and transparent lending opportunities.
Digital banking infrastructure provider for cryptocurrency and fintech companies in Latin America, offering custodial wallets and direct bank integrations.
A trade finance platform that uses blockchain and AI to make international trade more inclusive and transparent, especially for small and medium-sized enterprises in high-risk countries.
A platform that enables companies to offer tokenized versions of luxury assets, NGO products, and intellectual property.
It is a marketplace for AI-optimized trading strategies that has won multiple awards and is part of several accelerator programs.
It is a DeFi platform focused on Islamic finance, offering Sharia-compliant investment opportunities and fighting against predatory lending practices.
Finley Lee, Head of Operations and Delivery, Tenity APAC said:
“The launch of the XDC Accelerator is a testament to our commitment to fostering innovation and supporting the next generation of Web3 pioneers.
By providing mentorship and access to a powerful network of thinkers, leaders and change-makers, we help startups create impactful solutions.”
Sonny Mohanty, Head of Venture Ecosystem at XDC Network added:
“These innovative companies are transforming industries like education, healthcare and finance with solutions for verifying academic and professional credentials, enriching health data and providing secure, transparent global lending.
We are also advancing blockchain transparency and AI efficiency in global trade, developing AI-driven trading platforms, blending DeFi with Islamic finance for ethical solutions, and tokenizing luxury assets and intellectual property.”
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