Palliative: Firm unveils app to ensure proper distribution

A Nigerian-owned fintech company, Convexity Technologies Limited, has announced the launch of an application that monitors palliative disbursement and donor funding to stipulated beneficiaries.

The Chief Operating Officer, Convexity, Adedeji Owonibi, disclosed this after a meeting with representatives of the French Embassy on Tuesday in Abuja.

Speaking to journalists, Adedeji stated that the app code-named CHATS allows for end-to-end visibility of funds and aids distribution to the donors, the implementing bodies, and the beneficiaries in an efficient manner.

According to him, the solution will resolve the issue of palliative diversion by tracking aid delivery from the donor or government to the NGO, agents and stipulated beneficiaries.

He noted that the digital solution involving blockchain technology has been developed by the company to digitise the process, fund teachers’ salaries, food items and other donations, as a way to address the decline in humanitarian funding and ensure funds get directly to the beneficiaries.