Using blockchain to increase engagement and volunteering amongst youth,
UNICEF, Innovation Incubator and Accelerator Program (RLabs).
Zlto NPC target problem is tackling the unemployment rate especially in South Africa which keeps climbing higher and higher. Now it's currently sitting at 35.3% for the general population and amongst youth it's over 65%. This makes this particular challenge they are solving very relevant to UNDP as it address two of the SDGs namely 1.No Poverty and 8. Decent Work and Economic Growth. There are three key barriers that prevents people from getting job namely lack skills, lack of experience and the cost of finding employment.
Zlto NPC helps ensure that youth get access to education which results in skills, encouraging the culture of volunteering to build up work experience, and subsidising the cost of finding employment to reduce barriers. The platform uses blockchain technology to increase engagement amongst youths, has live dashboards, and innovative rewards systems.
The platform is made to be as data-free as possible in order to provide equal access. The platform can also be accessed via a web-based app for those without mobile devices.
In South Africa, over 100,000 users have completed 877,595 hours of verified work ( 3M+ beneficiaries and 1.8M+ transactions recorded so far).Over 1.5M Youth Engagements in Yoma-related Activities and Challenge Opportunities Over 250K youths registered in Yoma-related Offerings.Over 100K youth engagements in personalized learning opportunities.
The immediate aim is to continue strengthening existing relationships in the active countries. It then plans to expand to more countries in Africa through the use of APIs with UNICEF which is a strategic partner for the YOMA platform.