Xaults is a legitimate fintech infrastructure project and winner of the RBI Global Hackathon 2024, building deep-tier supply chain financing and CBDC solutions for banks. While the project demonstrates high real-world utility, innovative technology (smart contract governance), and verifiable traction (pilots with major Indian private banks), the submission itself was of very low quality—containing false claims about audience reach ('everyone') and generic tags. The score reflects the strong underlying business potential and institutional validation, significantly dampened by the poor accuracy of the provided input data.
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