{"id":16587,"date":"2025-03-06T23:46:50","date_gmt":"2025-03-06T23:46:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16587"},"modified":"2025-03-06T23:46:50","modified_gmt":"2025-03-06T23:46:50","slug":"transcrypts-wins-pitchfest-at-consensus-hong-kong","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16587","title":{"rendered":"TransCrypts Wins Pitchfest at Consensus Hong Kong"},"content":{"rendered":"<div>\n<p>Four and half years ago, when <a href=\"https:\/\/www.linkedin.com\/in\/zainzaidi99\/\" target=\"_blank\">Zain Zaidi<\/a> was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place. Understanding how someone\u2019s life could be altered by not being able to prove something like an academic credential, <a href=\"https:\/\/www.linkedin.com\/in\/zainzaidi99\/\" target=\"_blank\">Zaidi<\/a> set out to try and make it easier. Instead of going to grad school, Zaidi started <a href=\"https:\/\/www.transcrypts.com\/\" target=\"_blank\">TransCrypts<\/a>, which helps companies verify employment information. The blockchain-powered startup recently won CoinDesk\u2019s Pitchfest at Consensus Hong Kong.<\/p>\n<\/p>\n<p>Zaidi says if we\u2019re not able to prove data about ourselves, we give up something important about who we are. \u201cWe as consumers can\u2019t actually verify who we are, own who we are,\u201d Zaidi told CoinDesk Live after walking off stage.<\/p>\n<\/p>\n<p><a href=\"https:\/\/www.transcrypts.com\/\" target=\"_blank\">TransCrypts<\/a> gives individuals \u201cself-sovereignty\u201d over their ID information, proving their information on-chain. <\/p>\n<p>Zaidi told us the business already generates about $5 million in annual revenue. After employment information, the startup is now expanding into medical records and academic records.<\/p>\n<p><a href=\"https:\/\/www.transcrypts.com\/\" target=\"_blank\">TransCrypts<\/a> picked up $10,000 in tokens, a trophy and ten coaching sessions.<\/p>\n<\/p>\n<p>In the runner-up spot was <a href=\"https:\/\/credshields.com\/\" target=\"_blank\">CredShields<\/a>, an automated auditing platform that scans, manages, and fixes vulnerabilities in Solidity smart contracts.<\/p>\n<\/p>\n<p>Ten other teams competed at Pitchfest at Hong Kong, including <a href=\"https:\/\/ooc.finance\/\" target=\"_blank\">Oneverse Technology<\/a> and <a href=\"https:\/\/liquidium.fi\/\" target=\"_blank\">Liquidium<\/a> (both finalists) and semi-finalists <a href=\"https:\/\/apillon.io\/\" target=\"_blank\">Apillon<\/a>, <a href=\"https:\/\/dominochain.com\/\" target=\"_blank\">Domi Chain<\/a>, <a href=\"https:\/\/gosats.io\/\" target=\"_blank\">GoSats<\/a>, <a href=\"https:\/\/www.ibtc.network\/\" target=\"_blank\">iBTC<\/a>, <a href=\"https:\/\/nettyworth.io\/\" target=\"_blank\">NettyWorth<\/a>, <a href=\"https:\/\/www.tokenyze.co\/\" target=\"_blank\">Tokenyze<\/a>, <a href=\"https:\/\/www.vanillafinance.xyz\/en\/trade\" target=\"_blank\">Vanilla Finance<\/a>, and <a href=\"https:\/\/zypher.network\/\" target=\"_blank\">Zypher Network<\/a>.<\/p>\n<\/p>\n<p>The event was <a href=\"https:\/\/dimitra.io\/\" target=\"_blank\">presented by Dimitra<\/a>, a token and toolkits for smallholder farmers.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Four and half years ago, when Zain Zaidi was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place. Understanding how someone\u2019s life could be altered by not being able to prove something like an academic credential, Zaidi set out to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16587","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16587"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16587\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}