Forus.io

Client overview

The challenge for the Forus Platform was to both completely automate the distribution of government subsidies in a decentralized manner, and defragment the subsidy landscape to one central place. In order to achieve this, we developed a modular website that centralizes all the information regarding specific government subsidies, which communicates with the “Me” application that recipients can use to spend their subsidy at stores that are connected to the Platform.

“In our concept,” Forus CTO Jamal Vleij explains, “you can request your subsidy via the platform … after which you’ll be granted a budget of which the supplier can determine what it can be spent on.” Thus, on the Forus Platform, “different budgets can be arranged in different ways.” The “financial completion” we “organize via a programmable bank account that transfers the money once into the foundation,” which then pays “a shopkeeper … automatically during a sale.” Hence, by connecting all these different parties via the Forus Platform, we are “harmonizing the fragmented landscape.”