Three\ntechnology-based startup companies, Kinteract, Justice Chain, and Addenda, have\nturned their innovative solutions to support communities and businesses in minimizing\nthe impact of COVID-19 outbreak. The three companies are members of\nthe\nMohammed bin Rashid Innovation Fund (MBRIF), an initiative launched by the\nMinistry of Finance to promote and foster innovation in the UAE. <\/p>\n\n\n\n
Kinteract,\nan education-technology platform for continuous learning, is supporting parents,\nteachers, and schools by providing free access to its remote learning solutions\nto the schools affected by COVID-19 for the rest of the academic year. The company\u2019s\nplatform has been adopted by leading educational institutions all over the\nworld. Kinteract\u2019s unique technology brings teaching, learning, real-time communication\nincluding video lessons, and data dashboards together in one place for easy and\ncomplete assessment of student progress and instant dialogue between teachers,\nstudents and parents. Starting this week, Kinteract is also extending its access\noutside of schools, allowing sports centers, instructors and coaches to use the\nplatform via task setting and video streaming. <\/p>\n\n\n\n
Justice\nChain, a blockchain platform focused on public safety, has developed a\nblockchain application that anonymously tracks COVID-19 patients, sharing\nreal-time critical case information securely with concerned health providers,\nclinicians, government authorities, researchers and laboratories. Additionally,\nit connects medical suppliers and donors with hospitals to streamline the\nmedical supply-chain, helping with supply shortage issues seen globally. The\nplatform aims to support by providing patients with immediate care and\nattention, visibility into the hospital resource status, and allows authorized\nsuppliers of medical equipment (e.g. respiratory equipment) and personal\nprotective equipment (e.g. masks, gowns) to track in real-time, the demand from\nhospitals, labs and treatment facilities. The application, called\n\u2018CoronaChain\u2019, has just launched and will be free to use for the\nabove-mentioned sectors. <\/p>\n\n\n\n
Addenda,\na blockchain-based start-up using distributed ledger technology to streamline\nprocesses between insurance companies, has offered free access to its services to\nUAE-based new joiners throughout the month of April. The company\u2019s tech\nsolution will allow companies to process motor claims digitally instead of on\npaper, so that insurance company employees can work safely from home. <\/p>\n\n\n\n
Her\nExcellency Mariam Mohammad Al Amiri, Assistant Undersecretary for the\nManagement of Financial Resources,<\/strong> said: \u201cMembers of the MBRIF are selected\nbased on their potential to change the world as we know it for the better. The\nwork of Kinteract, Justice Chain and Addenda during a time when the world is\nexperiencing unprecedented challenges is exemplary of how companies of all\nsizes have the potential to make a positive economic and social impact. This also\nconfirms the importance of supporting a strong startup ecosystem in the UAE and\naround the world.\u201d <\/p>\n\n\n\n Since its inception, the MBRIF has set up an ecosystem of global experts and partners that provide member companies with access to affordable funding, world-class services, and mentorship. The initiative helps companies accelerate their innovations, elevate their capabilities, unlock value, and scale their businesses. The member companies, which include startups and SMEs, have achieved significant progress and growth, including scaled operations, expanded footprint and revenue, securing funding, and winning prestigious industry recognitions.<\/p>\n","protected":false},"excerpt":{"rendered":" The three companies are members of the Mohammed bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to promote and foster innovation in the UAE. <\/p>\n","protected":false},"author":8,"featured_media":2353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9639,9649,9621,9718,54,9624,26],"tags":[426,1135,576,310,1177],"contributor":[],"class_list":["post-2351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-emerging-technologies","category-education-smart-sectors","category-emerging-technologies","category-government","category-health-tech","category-smart-sectors","category-startups","tag-blockchain","tag-covid","tag-digital_transformation","tag-education","tag-mbrif"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2020\/04\/coronachain_solution_graphic.jpg","author_info":{"display_name":"Rabab","author_link":"https:\/\/techxmedia.com\/en\/author\/rabab\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/2351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/comments?post=2351"}],"version-history":[{"count":0,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/2351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media\/2353"}],"wp:attachment":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media?parent=2351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/categories?post=2351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/tags?post=2351"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/contributor?post=2351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}