Solomonstouch

SolomonsTouch uses blockchain technology to connect any and all non-profits and church organizations across the globe. A decentralized and digital ledger keeps track of funds and distributes them to the registered causes, organizations, and individuals. The API allows those who are registered to send and receive monetary support and send help to fundraising projects.

Using the Millennial Coin, the goal is to provide the needs of every non-profit organization, church, or mission from anywhere in the world. Through the SoloTouch App, which we go into more detail below, donors will have a Millennial wallet that will allow you to conduct peer to peer transactions and store your money in a safe location. The wallet is designed to keep your wait time as short as possible and keep the transaction fees down to the bare minimum. With no middleman, your money goes exactly where it is intended and needed.

Forging a new path in the humanitarian sector, we aim to tackle four key areas of focus to bring the world forward into an age of prosperity. By focusing on food, water, banking, and internet access, we will be able to bridge the gap with funding to some of the worlds greatest issues.

Food — Over 53% of the world is malnourished and over 1 billion people don’t get the necessary daily food value they need to thrive. Globally, 161 million chronically undernourished children are not getting the right nutrients and health care at the right time. Malnutrition is the underlying cause of 45% of child deaths worldwide, and statistics show that people are 33% more likely to escape poverty if given access to proper nutrition.

Water — Clean, safe drinking water is scarce. Today, nearly 1.2 billion people in the developing world struggle to have access to it. It affects people in multiple facets other than their health, education, economic development, and sanitation all directly correlated to one’s access to clean water.

Online Banking — Today, approximately 1.5 billion people do not have bank accounts. Be it the homeless, the impoverished, or a majority of the population in third world countries, not having access to banking leaves the needy with little options other to depend on others or organizations aimed at helping, organizations that don’t operated in a transparent and decentralized way which in turn leaves many not receiving help needed.

Internet — More than 4 billion people, mostly, but not limited to developing countries, still don’t have access to the internet. This means that over half of the world’s population is missing out on the life-changing benefits of connectivity. Everything from financial services, to health, and education, are all progressed by the increasing pace of innovation known as the Fourth Industrial Revolution.