Company profile
Karavan Foundation
Creating an economy to connect the world.
- Industry
- Technology, Information and Internet
- Employees
- 2
- Headquarters
- New York, New York
- Founded
- 2016
- LinkedIn followers
- 32
- Office locations
- 1
Karavan Foundation company summary
Karavan Foundation is a company in the Technology, Information and Internet industry, headquartered in New York, New York, founded in 2016. On LinkedIn the company has around 2 employees and 32 followers. Its listed specialties include Blockchain, Nonprofit, Skill Exchange, Mobile App, Refugees.
What technology does Karavan Foundation use?
No technologies detected yet. Warmrank rechecks company websites on a rolling basis.
About Karavan Foundation
Karavan is using blockchain technology to improve the lives of refugees around the globe. 67 million people around the world have been forcibly displaced from their homes. Only 1% of them have work permits that allow them to earn money in the places they live. The vast majority are forced into poverty, despite having monetizable skills and a willingness to work. To address this problem, Karvan is creating a decentralised non-monetary economic system using the single commodity distributed most equitably in the world - time. Users create profiles on our mobile app marketplace, detailing the skills and services they would like to offer. When another user searches for these services (e.g., Arabic lessons, legal assistance), they are matched with those providing them - either online or in person. Contributors earn points per hour of service, which they can then use to purchase services from other users. Karvan participated in the IBM|Columbia Blockchain Accelerator 2019 and has participated in/awarded the following: - Columbia Innovation Award - Tech.Co/CTA Startup of the Year (semi-finals) - Tamer Fund - Hult Prize Columbia winner - Hult Prize Ivy (semi-finals) - Columbia Venture Competition (semi-finals)
Specialties
Where is Karavan Foundation located?
Karavan Foundation lists 1 location.
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|---|---|---|---|---|
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Frequently asked questions about Karavan Foundation
What does Karavan Foundation do?
Karavan is using blockchain technology to improve the lives of refugees around the globe. 67 million people around the world have been forcibly displaced from their homes. Only 1% of them have work permits that allow them to earn money in the places they live. The vast majority are forced into poverty, despite having monetizable skills and a willingness to work. To address this problem, Karvan is creating a decentralised non-monetary economic system using the single commodity distributed most equitably in the world - time. Users create profiles on our mobile app marketplace, detailing the skills and services they would like to offer. When another user searches for these services (e.g., Arabic lessons, legal assistance), they are matched with those providing them - either online or in person. Contributors earn points per hour of service, which they can then use to purchase services from other users. Karvan participated in the IBM|Columbia Blockchain Accelerator 2019 and has participated in/awarded the following: - Columbia Innovation Award - Tech.Co/CTA Startup of the Year (semi-finals) - Tamer Fund - Hult Prize Columbia winner - Hult Prize Ivy (semi-finals) - Columbia Venture Competition (semi-finals)
How many employees does Karavan Foundation have?
Karavan Foundation has around 2 employees on LinkedIn.
Where is Karavan Foundation headquartered?
Karavan Foundation is headquartered in New York, New York.
When was Karavan Foundation founded?
Karavan Foundation was founded in 2016.
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