MoneyTrack is a blockchain protocol for directed money, backed by Truffle Capital – a major french VC – and granted by french government for R&D.
Fields of application are wide: consumer credit, insurance compensation, public grants, gift card, tax refund…
In each case, the financer has to ensure the properly use of the money to reduce fraud and wastage.
MoneyTrack use a utility token to digitize, secure, and monitor transactions. MoneyTrack direct money flow to a marketplace of merchants approved, who increase their revenue and pay commission fees.
MoneyTrack blockchain is developed in partnership with french academic researchers (INRIA) who played key role in Tezos development.