XDC Network has selected eight startups to join its first-ever accelerator programme, powered by Tenity, an innovation ecosystem specialising in early-stage fintech startups.
The XDC Accelerator Programme is a significant step for the emerging blockchain platform, which is known for its focus on real-world asset tokenisation and trade finance.
The selected startups will gain access to business and technical mentorship, helping them refine their business value propositions and develop a working MVP.
The programme will culminate in a Demo Day in Singapore held during Token2049 week, where these startups will pitch their ideas to potential investors, partners, and users.
The XDC Network, compatible with Ethereum Virtual Machine (EVM), is equipped to support these startups in applying blockchain technology to real-world applications.
Here are the eight selected startups:
A platform for global academic and professional credentials verification, using blockchain and AI to streamline background checks.
A healthcare platform focused on seamless data interoperability to improve patient outcomes and reduce errors.
A decentralised lending platform that integrates traditional finance with blockchain, offering secure and transparent lending opportunities.
A digital banking infrastructure provider for crypto and fintech companies in Latin America, offering custodial wallets and direct banking integration.
A trade finance platform leveraging blockchain and AI to make global trade more inclusive and transparent, especially for SMEs in high-risk countries.
A platform that enables enterprises to offer tokenised versions of luxury assets, NGO products, and intellectual property.
A marketplace for AI-optimised trading strategies, recognised by multiple awards and part of several accelerator programmes.
A DeFi platform focused on Islamic finance, offering Sharia-compliant investment opportunities and opposing predatory lending practices.
Finnley Lee, Tenity APAC’s Head of Operations and Delivery said,
“The launch of the XDC Accelerator is a testament to our commitment to fostering innovation and supporting the next wave of Web3 pioneers.
By offering mentorship and access to a strong network of thinkers, leaders and changemakers, we empower startups to create impactful solutions.”
Sonny Mohanty, Head of Ventures Ecosystem at XDC Network added,
“These innovative companies are transforming industries such as education, healthcare, and finance with solutions for academic and professional credentials verification, healthcare data enhancement, and secure, transparent global lending.
They are also advancing blockchain transparency and AI efficiency in global trade, developing AI-driven trading platforms, combining DeFi and Islamic finance for ethical solutions, and tokenising luxury assets and intellectual property.”
Featured image credit: Edited from Freepik
