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By Digibank | SDP
DigiBank integrates SDP to deliver instant, low-cost mass payments for NGOs in unbanked MENA regions, leveraging Stellar’s blockchain for transparency and efficiency.
DigiBank will scale SDP as a core service, enabling NGOs in unbanked MENA regions to execute mass payments seamlessly. Built on Stellar’s blockchain, SDP offers (1) batch payment processing for thousands of recipients using Stellar’s low-cost transactions (<$0.01 each); (2) real-time tracking via Stellar’s public ledger for full auditability; and (3) crypto-to-cash conversion through DigiBank’s regional off-ramp network, ensuring accessibility in cash-based economies. Planned enhancements include increased scalability for larger NGO cohorts and integration with legacy financial systems, driving adoption. These upgrades leverage Stellar’s fast settlement (<5 seconds), reducing NGO operational cost by up to 50% and enabling focus on aid delivery.
Maybe in the future, but not in this submission
$99.0K
Success includes onboarding at least 10 NGOs as permanent clients, processing 300,000 transactions for 50,000 recipients by Q2 2026, and reducing their payment costs by 50% and timelines to <1 day. Impact: expanded financial access for unbanked communities, enabling NGOs to focus on aid delivery. Transparency via Stellar’s ledger builds trust, attracting more NGOs and strengthening MENA’s humanitarian finance ecosystem.
DigiBank will target MENA-based NGOs via partnerships with development agencies like GIZ, leveraging the pilot’s success to secure 10 new clients by Q2 2026. We’ll host workshops with Stellar community support to demonstrate SDP’s impact and build the capacity of NGO teams to handle crypto payments. Integration with local cash-out networks ensures accessibility, driving adoption among unbanked recipients. A dedicated support team will onboard NGOs, ensuring seamless setup. No marketing costs are included; outreach relies on organic channels, word of mouth, and Stellar’s ecosystem network.
DigiBank’s SDP pilot with GIZ Germany and UOSSM disbursed $1M in salaries to 1,000 medical staff across six hospitals, serving thousands daily. It reduced payment timelines from 90 days to 1 day, saved 500 hours monthly for finance/HR teams, and cut transfer costs by 50% versus traditional methods. On-chain transactions are verifiable at https://stellar.expert/explorer/public/account/GCBXTWMTIOZ2JLQ6DVRB2OECHGGZGIEFOOJHGUY4S2EOLJ2XHYDEJSVQ. GIZ and UOSSM feedback shows 95% satisfaction.
Deliverable 1: Multi-Tenant SDP Instance
Description: Deploy a multi-tenant SDP instance to provide free mass payment services for NGOs, hosted on secure cloud infrastructure.
Completion Metric: Onboard 1 NGO tenant, processing 1,000 transactions with 100% accuracy, verified via Stellar mainnet.
Estimated Date: July 15, 2025
Budget: $10,000 (1 developer x 1 month @ $5,000; 1 cloud engineer x 1 month @ $3,000; cloud hosting @ $2,000)
Deliverable 2: SDP App Integration
Description: Enable SDP onboarding via unique invitation links in the DigiBank app, auto-generating Stellar wallets for users to streamline registration.
Completion Metric: 1K users onboarded using links, with wallets registered in SDP, confirmed by internal QA.
Estimated Date: July 15, 2025
Budget: $5,000 (1 developer x 1 month @ $5,000)
Deliverable 1: Crypto-to-Cash Integration
Description: Integrate SDP with DigiBank’s off-ramp network, enabling payments to convert to cash at 50 MENA liquidity points.
Completion Metric: Complete 1,000 test conversions, with partner API uptime >99%, verified by Stellar Expert.
Estimated Date: August 15, 2025
Budget: $0
Deliverable 2: Scalability Testing
Description: Stress-test SDP on Stellar testnet to handle 10,000 simultaneous transactions, optimizing for low latency and reliability.
Completion Metric: Process 10,000 transactions in <2 minutes with <0.1% error rate, validated by testnet reports.
Estimated Date: August 15, 2025
Budget: $0
Deliverable 1: Hosting a multi-tenant instance of SDP
Description: Digibank will host a multi-tenant instance of SDP to service NGOs for free.
Completion Metric: Onboarding at least 9 tenants and onboarding 50K users verified via Stellar Explorer.
Budget: $54,000 (1 technical support x 12 months @ $2,500/month, cloud hosting x 12 months @ $2,000/month)
Estimated Date: May 30, 2026
Deliverable 2: Crypto-to-Cash Integration
Description: Integrate SDP with DigiBank’s off-ramp, enabling payments to convert to cash at 2000 MENA liquidity points.
Completion Metric: 300k conversions completed across the MENA region tracked on mainnet, with partner API uptime >99%.
Estimated Date: May 30, 2026
Budget: $30,000 (1 customer support x 12 months @ $2,500/month)
Our team consists of 7 members with expertise in blockchain development, fintech solutions, and NGO partnerships. We’ve previously built DigiBank, a user-friendly digital wallet connecting crypto to cash, and have experience collaborating with organizations like Stellar Foundation and GIZ on innovative payment solutions.
Digibank
No other submissions.