PROJECT NAME: Credibly

CHALLENGE: Blockchain

TEAM NAME: Develop Digitally, info@developdigitally.com

TEAM MEMBERS: Antoine Chung, Philip Llyewelyn, Jordan Cooper, Jonathan Cooper, Varun Baker

PROJECT DESCRIPTION: We empower creditors with the means to reduce risk in issuing loans and insurance to unbanked farmers by leveraging blockchain technology.

Credibly leverages the blockchain to bring together multiple entities within a farmer's business network. By getting data from suppliers and distributers, we can completely remove the burden from the farmer of having to fill out any paperwork at all.

By recording this information, a trusted and secure farmer profile is established to allow banks and creditors to generate a credit score.

86% of Jamaica's population is underbanked meaning they do not have access to full financial services such as loans. Worldwide 2.7 billion people are considered unbanked.