What is Kobatela Condional Transfer?
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Problem
Users face uncontrolled spending of transferred funds, which leads to financial misuse and inefficiency.
Solution
A blockchain-based conditional transfer tool enabling users to set rules for fund usage (e.g., only for education, health) via smart contracts.
Customers
Parents, guardians, and donors seeking to ensure funds are used for specific purposes like education or healthcare.
Unique Features
Uses blockchain smart contracts to enforce conditional spending rules, with customizable triggers and automated compliance.
User Comments
Simplifies trust in cross-border support
Ensures money isn’t wasted
Transparent tracking
Needs more banking integrations
Great for donor accountability
Traction
Launched in 2023, no public revenue/user data available yet. Listed on Product Hunt with limited upvotes and engagement.
Market Size
Global remittance market reached $860 billion in 2023 (World Bank), with conditional transfers as a niche growth segment.
