MIT Solve

Solution Overview

Solution Name:

DIMBL CHARITY

One-line solution summary:

Dimbl Charity is a Blockchain based application allowing poor people to instantly receive donations wherever they are in the world

Pitch your solution.

1.3 billion people suffer from poverty around the world and its eradication is the first UN target for 2030.

Our startup aims to set up digital and technological tools to reduce poverty.

Our strategy covers 3 aspects:

_ Collect: Solution 1 will help to collect as many donations as possible for the most disadvantaged in order to deal with immediate daily needs (Dimbl Charity)
_ Strengthen: Solution 2 will leverage the donations received to obtain guarantees or micro-credits (Dimbl Finance)
_ Defend: Solution 3 will protect the purchasing power of the most disadvantaged thanks to an online marketplace allowing to buy at the lowest price (Dimbl Market)

Film your elevator pitch.

What specific problem are you solving?

Jaide Technologies aims to aid the existing problem of poverty. 1.3 billion people suffer from poverty around the world. Over 700 million people, or 10% of the world's population, still live in extreme poverty today and struggle to meet their basic needs.

Jaide Technologies, through 3 digital solutions, hopes to provide to poor people :

1. Financial assistance to meet immediate daily needs and regain a certain serenity

2. Financial support to increase the impact of donations received through loans and financial guarantees

3. Economic support by protecting their purchasing power and allowing them to get the most out of their money (consume at the lowest prices)

Global Product Strategy - 3 digital solutions

What is your solution?

As mention above we propose a 3-part digital solution that aim to fight poverty. As a step one, we are working on a mobile charity app called "Dimbl Charity".

Dimbl Charity is an innovative, direct and targeted monetary donation app. Our mobile application allows a donor :

_ to choose the country in which he / she wishes to make a donation

_ target a particular region and department

_ to specify a category of beneficiary that he / she wishes to help (optional): a student for example

_ Thanks to an algorithm, the application select the beneficiary and send him/her in a few seconds the monetary donation which can then be used in shops.

The use of Blockchain allows us:
_ to guarantee the donor that his/her donation has been made and that it is traced
_ to guarantee the beneficiary that the donation received in inalienable and irrevocable
_ to guarantee to Third Parties taht the assets of a beneficiary are non-falsifiable. No matter where in the world the beneficiary is located, he / she can guarantee the amount of donations he / she has (urban areas, rural areas, areas in war conflicts, displaced populations ...)

Who does your solution serve, and in what ways will the solution impact their lives?

First of all, our solution serve to poor people. They are the center of what we are doing. The heart of what we design, create, code, deliver. Dimbl Charity aims to help them find a more livable daily life. Beyond the financial dimension, poverty is accompanied by multiple problems: anxiety, exclusion, loss of dignity, unequal treatment ... Our solution aims to have an impact on all these dimensions of poverty.

Our solution also serves donors and, behind them, society as a whole. We consider that we are all poor from the poverty of some of us. Poverty deprives society as a whole of invaluable human resources. Our solution aims to involve everyone in building a more sustainable and harmonious society.

Finally, our solution serves the real economy because it allows money to circulate, promotes consumption by those who need it most and brings additional customers to merchants. It is therefore a positive circle.

Through the link below please find our Global product strategy

Global Product Strategy

Which dimension of the Challenge does your solution most closely address?

Scale safe and private digital identity and financial tools to allow people and small businesses to thrive in the digital economy.

Explain how the problem you are addressing, the solution you have designed, and the population you are serving align with the Challenge.

The solution we have designed aimed to cover the first of the Sustainable Development Goals of United Nations : No poverty by 2030.

We are serving poor people, by designing digital solutions to fight poverty. We are therefore fully aligned with the Challenge.

In what city, town, or region is your solution team headquartered?

Paris, France

What is your solution’s stage of development?

Prototype: A venture or organization building and testing its product, service, or business model.

Explain why you selected this stage of development for your solution.

We've just finished the development of our app prototype. We have planned to test it and have feedback from our prospects: we already validated the desirability of our product through a recent online market research (Dakar). Meanwhile, we are going to start the development of our MVP embedding the distribution algorithm and the blockchain technology.

Our prototype can be tested through the link below : (French language version)

Dimbl Charity Mobile App Prototype

Who is the Team Lead for your solution?

Demba Dieng, CEO and founder