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Swiss Shakti Foundation

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Stable coin platform promoting education and financial inclusion initiatives.

Overview

The Swiss Shakti Foundation operates a stablecoin platform with a focus on poverty reduction among school-age children and financial inclusion for marginalized communities. Its main product, Shakti Coin, is distinguished by its mining process, which is based on human achievements in education, setting it apart from conventional cryptocurrencies. The foundation also offers biometrics software products and security systems intended to enhance the security and efficiency of its platform. The foundation's API supports mining through collective community efforts, which is aimed at promoting education and community development. Utilizing a Proof of Effort protocol, the foundation seeks to democratize the mining process while maintaining high transaction speeds and privacy protection.

Key facts

Founded
2017
Headquarters
Zug, Switzerland

Business model

Contact

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About Swiss Shakti Foundation

What does Swiss Shakti Foundation do?

The Swiss Shakti Foundation operates a stablecoin platform with a focus on poverty reduction among school-age children and financial inclusion for marginalized communities.

Where is Swiss Shakti Foundation headquartered?

Swiss Shakti Foundation is headquartered in Zug, Switzerland.

When was Swiss Shakti Foundation founded?

Swiss Shakti Foundation was founded in 2017.

Which sector is Swiss Shakti Foundation in?

Swiss Shakti Foundation operates in Decentralized Finance, part of Financial Technology.

Who are Swiss Shakti Foundation's competitors?

Companies similar to Swiss Shakti Foundation include PivotalCoin, Gorbyte, and Rise Africa & Shine.