MoneyTrack is a fully-managed directed payment platform

MoneyTrack is a secure digital payment platform allowing companies, mutual insurance providers, community, or institutions to pay individuals, who can then spend this under certain conditions within a network of certified service providers.

The platform is based on blockchain technology to share information, secure transactions and trace payments.

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Directed payments

Directed Payments Managed Money allows a funding provider to pay money to a recipient, who can then spend this with certified partners whilst respecting contractually agreed transaction rules (type of use, frequency, ceiling, expiry date, etc.).

To date, no simple solution exists to guarantee these transaction rules. MoneyTrack has developed a solution to meet this requirement. Our platform allows management and administration costs to be reduced by digitising and automating processes.

MoneyTrack offers a guarantee of transparency, security and fluidity of payments.

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Products

MoneyTrack Healthcare: A universal connection to the national and international healthcare ecosystem. Certified third-party payment system, payment of healthcare costs in full without any advance payment by patients, and full control over services.

MoneyTrack Public Benefits: Roll-out of fast-track subsidies financed by authorities/institutions through programmable digital currencies (euros or stable coins).

MoneyTrack Insurance for Fire and Accidents: Instant compensation for material damages and assistance in purchasing properties.

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Technology

MoneyTrack combines the world of traditional payment methods with the added control of guarantees, traceability and the irrevocable nature of blockchain.

The “Managed Money(Directed Payment) programme” concept represents interactions between three stakeholders in the circuit, namely the funding provider, the recipient and the certified partners, and is embodied through smart-contracts which respect the rules of the programme in a safe, verifiable and irrevocable manner.

Stakeholders can interact with the chain in a variety of ways (interfaces and APIs) to allow each party to oversee the programme roll-out.

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Team

By choosing MoneyTrack, you are relying on a team bringing together solid experience in B2B2C payment services (web, mobile and electronic banking), the development of blockchain solutions, and genuine expertise in the Healthcare insurance sector.

The diversity of our backgrounds and cultures, our flexible method and pragmatic approach all combine to quickly implement our solutions.

Passionate for innovation, stimulated by the work carried out by our research partners, we are constantly striving for new use cases to roll out.

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Partners
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As part of the FUI #24 consortium
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