7 March 2025
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TransCrypts Secures Victory at CoinDesk’s Pitchfest in Hong Kong
TransCrypts Wins CoinDesk Pitchfest
- Zain Zaidi founded TransCrypts to help verify employment information after a personal experience with lost academic records.
- The blockchain-based startup allows individuals to have self-sovereignty over their ID information, proving it on-chain.
- TransCrypts generates approximately $5 million in annual revenue and is expanding into medical and academic records.
- At the Pitchfest in Hong Kong, TransCrypts won $10,000 in tokens, a trophy, and coaching sessions.
- Runner-up was CredShields, which audits Solidity smart contracts for vulnerabilities.
- Other competitors included Oneverse Technology, Liquidium, and several semi-finalists.
The event was presented by Dimitra.