
Bonos
Bonos is a circular credit system which has the potential to unlock the flow of goods and services already available in low-income communities through a continuous circulation of credit.
Demo
About
The problem it solves According to the World Bank, about 648 million people lived in extreme poverty in 2020 (live on less than $2.15 per person per day). The crisis caused by the pandemic of COVID-19 has increased this number by about 70 million. According to the report Poverty and Shared Prosperity 2022 about 55 percent of people living below the poverty line have at least one cell phone in their household. So there are about 400 million people in extreme poverty who could benefit from a mobile solution designed to help them exchange goods and services, whether or not they have money. How could we develop the local economy of low-income communities in order to make them prosper?
How it's made
Challenges we ran into The API of Flow Python SDK is not as frienfly as fcl-js. We had to dive into its source code.