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.