Scannit Announces Open Beta Launch of Financial Management App at Token 2049 Event in Singapore

Scannit, a pioneer in digital financial identities, has announced the open beta launch of its innovative financial management app as part of the upcoming Token 2049 event in Singapore from Sept. 18, 2024. The app helps users track spending while rewarding them with SCAN tokens for their data contributions, fostering a new data economy. With affiliations with IoTeX Accelerator Cohort and Google Web3 Startup, and a 7-figure funding round recently closed, Scannit is well-positioned for rapid growth and global expansion.

The app enables users to have full transparency and control over their financial data, with the ability to decide who has access to their data at any given time. Users are rewarded with SCAN tokens for sharing their data, creating active and incentivized participation in the value chain. The open beta launch in Singapore is the first step in Scannit’s plan to onboard at least 10,000 users during the beta phase and achieve a target of 100,000 users by the end of the first quarter post-launch. The company also plans to introduce AI-driven financial advice tools and onboard additional partners to expand its ecosystem.