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Programs

The 8 Startups Ready to Make a Splash with XDC Network’s First Accelerator Program

August 12, 2024

After seven remarkable years of building on the blockchain, XDC Network has reached a significant milestone in 2024 with the launch of its first-ever accelerator program, powered by Tenity. The network specializes in a range of unique, decentralized applications, with a strong focus on real-world asset tokenization and trade finance. As such, the XDC Accelerator's inaugural cohort features a diverse array of startups, showcasing the network's capability in these specialized areas.  

Finnley Lee, Tenity APAC's Head of Operations and Delivery shared, “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. This cohort is the future of decentralized technology, and we're excited to support their journey.”

Over the next 12 weeks, selected startups will receive extensive business and technical mentorship, helping them refine their value propositions and develop a working MVP. The program will culminate in a Demo Day in Singapore, where startups will have the opportunity to pitch their innovative solutions to potential investors, partners, and users.

Sonny Mohanty, XDC Network’s Head of Ventures Ecosystem also mentioned, “I'm thrilled to announce the latest cohort of Web3 startups building on the XDC Network as finalists of the XDC Tenity Acceleration Program! 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 tokenizing luxury assets and intellectual property.”  

With a robust infrastructure and EVM compatibility, XDC Network is uniquely positioned to support these startups in leveraging blockchain technology to create real-world impact.

We are excited to introduce this edition’s selection of startups:

Edubuk

Edubuk is a one-stop platform for global academic and professional credentials verification. By leveraging blockchain and AI technology, Edubuk ensures that educational transcripts and work-experience certificates are securely and efficiently verified, making background checks significantly cheaper and faster. Edubuk is at the forefront of revolutionizing credential verification and supporting the growth of the global workforce thereby eliminating fraud in the education and hiring ecosystem and empowering universities, employers, students and professionals globally.

Kerc

Kerc revolutionizes healthcare by ensuring seamless data interoperability. This prevents critical communication failures, reducing misdiagnoses, delayed treatments, and medication errors, ultimately saving lives and enhancing patient outcomes. It's the future of healthcare data management. Decentralize, Anonymize, Commercialize!

PeerHive

PeerHive is a decentralized lending platform that combines the trust and accessibility of traditional finance with the innovation of blockchain, offering secure, transparent, and globally accessible lending opportunities, including the ability to trade lending notes.

Yativo

Yativo is a digital banking infrastructure provider for Crypto and FinTech Companies. We provide our users with Custodial Wallets and Direct Banking Integration for fiat deposits, withdrawals and exchange in Latin America.

Trade Enabler

TradeEnabler (TE) is revolutionizing trade finance by leveraging blockchain and artificial intelligence to make global trade more inclusive and transparent. TE combines decades of expertise with cutting-edge technology to enable businesses and financial institutions, especially SMEs and those in high-risk countries, to issue and manage crypto-backed Letters of Credit efficiently.  

Frac

Frac enables enterprises in the Luxury Assets, NGO and Intellectual Property sectors to offer tokenized versions of their products to their audiences. They deploy a blockchain-based fractionalization platform with your company's brand, for your customers. Supported by the $FRAC ecosystem.

OlaWealth.io

OlaWealth is a DeAI Signal Marketplace for everyone to trade and earn with AI-optimized strategies on a rewarding network. Throughout our journey, we have received the following awards: Nvidia Inception Accelerator Programme 2024, DeAI Hackathon 2024 - Top 3 Grand Award, Fintech Awards 2023 - Outstanding Algorithmic Trading Platform in Artificial Intelligence etc. We are also part of the following accelerators: XDC Network, Nvidia, 500 Global, Appworks etc.  

Valoro

Valoro brings Islamic Finance to DeFi, focusing on regulation and creating new investment opportunities for individuals through collaboration with stakeholders worldwide. Valoro DeFi operates under a code of conduct inspired by the principles of Islamic finance, ensuring fair access to financial opportunities with an equal share of risk and gains. Valoro strives to create a win-win environment for both borrowers and lenders by opposing predatory lending. The platform offers a range of Sharia-compliant products, including Murabaha financing, Mudarabah investment pools, and an Islamic Community Bank for peer-to-peer lending.  

About XDC

XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operationally successful since 2019. The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of secure, scalable, and highly efficient novel blockchain use cases, including Global Trade Finance, payment, Decentralized physical infrastructure network (DePIN), and Real-World Asset (RWA) tokenization.

https://xdc.org/  

About Tenity

Tenity is the leading global innovation ecosystem and early-stage investor, with offices in Zurich, Singapore, Tallinn, Madrid, London, and Istanbul. Tenity's vision is to accelerate the future of finance by bringing together ambitious founders with leading companies, investors, and mentors. Today, Tenity counts six hubs, runs corporate innovation programs in more than 15 countries, has worked with 65+ corporate partners and has supported more than 1600 startups through its programs.  

www.tenity.com