Scholar Assist Partners with X11 to Enhance Student Safety Through Cashless Solutions

Cape Town, South Africa – March 17, 2025

Scholar Assist, an initiative by Medcash Pty Ltd, is proud to announce its collaboration with the X11 platform to bolster student safety and financial efficiency in schools across South Africa. This partnership introduces smart contract technology to facilitate cashless transactions, encompassing insurance payments to Santam, tuckshop purchases, and payments to registered school taxis.

Scholar Assist is dedicated to providing innovative prepaid healthcare and financial solutions tailored for students. By integrating X11’s blockchain-based smart contracts, the program ensures secure and transparent transactions, minimizing the risks associated with cash handling.

Key Features of the Scholar Assist-X11 Partnership:

• Seamless Insurance Payments: Automated, cashless premium payments to Santam, the primary underwriter of the program, ensuring uninterrupted coverage for students.
• Cashless Tuckshop Transactions: Students can make purchases at school tuckshops using their digital wallets, promoting convenience and reducing the need for physical cash.
• Secure School Taxi Payments: Payments to registered school taxi services are processed digitally, enhancing safety and accountability in student transportation.
• Emergency Medical Assistance: The Scholar Assist program also provides emergency medical assistance, ensuring that students have access to urgent medical care when needed.

Expansion and Future Plans

Scholar Assist envisions expanding to over 2,600 schools across South Africa, ensuring that students nationwide benefit from secure and cashless transactions. While the initial focus is on insurance, tuckshop, and transport payments, these services are not exhaustive—the program aims to grow into additional areas as it gains traction, further supporting student safety and financial inclusion.

Medcash Pty Ltd,

known for its innovative prepaid healthcare solutions, continues to lead in integrating technology with essential services. The Scholar Assist program exemplifies this commitment by leveraging X11’s advanced platform to create a safer and more efficient environment for students. For more information about Scholar Assist and other offerings, visit https://medcash.co.za/. Contact: About Medcash Pty Ltd Medcash is a technology-driven company specializing in innovative prepaid family care solutions in the healthcare sector. Their mission is to provide easy and affordable access to essential services for everyone. (medcash.co.za) Medcash Pty Ltd 1st Floor, The Colosseum, Century Boulevard, Century City, Cape Town, 7441 Phone: +27 10 142 0224 Email: info@medcash.co.za

About Santam

Santam is South Africa’s leading general insurer, offering a diverse range of general insurance products and services. (Santam.co.za)

About X11

X11 is a cutting-edge platform specializing in blockchain technology and smart contract solutions, aiming to revolutionize digital transactions across various sectors. (x11.fi) X11 Smart Contracts 1 Bridgeway, Century City, Cape Town, 7441 +27 78 279 6303 info@x11.fi