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UtkarshA135 committed Jan 1, 2022
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Expand Up @@ -29,6 +29,6 @@ So here comes into picture our idea - Sahayog - Credit for All . Its basically a

The major question which may come up is blockchain is enery inefficient . But we would like to propose the use of Cardano - which is 1.6 milliion times more energy effiicient than BitCoin, for a scalable product.

Thus our idea apart from being unique is also aimed at eradicating social termites like poverty, unemployment, and make people go cashless. Eventually we need to make people understand how credit can be the difference between life and death in medical emergenicies and also how canthis idea should be seen as a pipeline to empowerment. How if a auto-driver's son gets a payroll in a good company by just a financial push would eventually be helpful to GDP of nation. Also since no banks would be involved , it would be a De-centralized , non-hackable system with secured transactions via Blockchain makes it all the more suitable.
Thus our idea apart from being unique is also aimed at eradicating social termites like poverty, unemployment, and make people go cashless. Eventually we need to make people understand how credit can be the difference between life and death in medical emergenicies and also how can this idea should be seen as a pipeline to empowerment. How if a auto-driver's son gets a payroll in a good company by just a financial push would eventually be helpful to GDP of nation. Also since no banks would be involved , it would be a De-centralized , non-hackable system with secured transactions via Blockchain makes it all the more suitable.
### Presentation link -
[Canva link](https://www.canva.com/design/DAEl1ttAXjI/sIi0Fm4ybnt3aRWwGjk2dA/view?utm_content=DAEl1ttAXjI&utm_campaign=designshare&utm_medium=link&utm_source=sharebutton)

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