Societal Trust | Tarik Fadli | TEDxESCA

Problem & Solution - The core issue in Morocco is low societal trust, with only 123% of Moroccans trusting each other, ranking it fourth lowest globally [10][12] - The existing public notary system ("Mata") is plagued with corruption, inefficiency, and even enables atrocities, leading to significant social and economic problems [4][5][6] - Waraki aims to solve this by providing a digital solution, an app that uses technology like facial recognition and AI to witness and validate document signatures, ensuring authenticity and preventing fraud [14][15] - The app is integrated with the police system, allowing users to activate their accounts using their national ID and facial recognition [17][18] Business Model & Impact - Waraki operates under a public-private partnership (PPP) model, providing the app for free to citizens [28][23] - The company initially didn't focus on revenue but on solving a problem, with potential revenue streams emerging from the volume of signatures processed [28][30] - The project estimates 295 million signatures per year in Morocco, potentially generating $30 million based on a 10 dirham per signature fee [30] - The initiative has led to the creation of new laws in Morocco, such as "Lasha Inovo," allowing startups to directly sell innovative solutions to the government without going through lengthy RFP processes [24][25] Government Collaboration & Future Vision - After 10 years of development and over 20 million dirhams of investment, Waraki signed an agreement with the Ministry of Digital Transition to deploy the app as a government-owned project [19] - The government plans to launch two websites: one detailing administrative procedures and another providing instant access to legal documents via the app [23] - Waraki envisions becoming a comprehensive "Moroccan way" app, streamlining various administrative processes beyond just signature notarization [18]