Woman using application on laptop
Blockchain
OS City: Technology for transparent distribution of government funds
Company
investment Stage
Early Stage
investment status
Graduated
country of registration
Mexico
founding year
2016

1261

TOTAL COMMITS
ISSUES
1 LOGGED
PULL REQUESTS
3 CLOSED
Investment Period Activity

OS City is developing a blockchain application to securely allocate and trace subsidies, procurements and purchases related to programmes for vulnerable youth. The application is intended to be used as a tool for municipal governments, but private sector, citizens and academia will be able to contribute and consume information online. The platform assists governments to certify information using a blockchain platform for data on subsidies, procurement, purchases and many other transactions. Using this technology, governments will have continuous access to new and better data, which will improve trust and accountability in public institutions. OS City is focusing on improving the distribution of resources, and accountabilities in contractual engagements. By the end of the investment duration, OS City seeks to scale up by licensing the technology, selling intelligence and data services to city-state governments and engaged businesses, and monetizing raw data. 

Alignment with unicef strategic areas
Social Protection and Poverty Reduction
Funding recieved by company

99 K usd

125 eth

27 eth

62.5 eth

Early-Stage Funding
Investment Made:2020 Status:graduated

Achievements to date

Early-stage Graduation Status

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Portfolio News
Mar 30 , 2020