Scannit, a leader in the realm of digital financial identities, has unveiled the open beta of its groundbreaking financial management application, coinciding with the upcoming Token 2049 event in Singapore on September 18, 2024. The Scannit app empowers users to monitor their expenditures while rewarding them with SCAN tokens for contributing their data, thus nurturing a new data economy.
This app launch follows Scannit’s integration into the IoTeX Accelerator Cohort and its recognition as a Google Web3 Startup. These partnerships provide Scannit with essential strategic insight, technical assistance, access to state-of-the-art resources, and a worldwide network—boosting its credibility and innovation potential within the swiftly changing Web3 sphere. With a recently closed 7-figure funding round, Scannit is poised for substantial growth and global outreach.
The Scannit app allows users complete transparency and control over their financial data, granting them the power to manage who can access this information at any time. It streamlines the financial tracking process through automation, rewarding users with SCAN tokens for engaging in data sharing, thus promoting active participation in the value chain.
The open beta launch in Singapore represents the initial phase of Scannit’s goal to onboard over 10,000 users during the beta stage and to reach a milestone of 100,000 users by the end of the first quarter following the launch.
“Our groundbreaking app is transforming the interaction between consumers and their data. With Scannit, users aren’t just managing their finances—they are in control of their data and benefiting from it,” stated Karl Nowak, CEO and Founder of Scannit, who added: “We aim to restore that power to the users. Ultimately, it’s their choice whether to share that data, and if they choose to do so, they deserve appropriate compensation.”
Looking forward, Scannit has plans to introduce AI-driven financial advisory tools to further assist users in managing spending habits, thereby enriching user experience and engagement. The firm is also working on bringing additional partners aboard to expand its ecosystem, appealing to a variety of user profiles while maintaining its core commitment to complete data ownership for users.
Users eager to explore the future of financial management can join Scannit’s waiting list for the upcoming open beta launch at Token 2049.
About Scannit
Scannit is an innovative technology enterprise based in Atlanta, Georgia, pioneering digital financial identities. Its “Scan to Earn” framework rewards users for scanning receipts and confirming transactions, converting everyday spending into meaningful rewards. Scannit facilitates businesses to ethically and transparently access valuable data insights while prioritizing user privacy and consent, promoting a fair and transparent data economy.
For more information, visit www.scannit.io .
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