Blockchain could be a tool to help organizations such as the United Nations meet goals meant to improve the lives of each person on Earth.
The platform provides a system that can help tackle issues like poverty, hunger, equal rights, climate change, and clean energy.
1. New ways to build trust and reduce costs: Trust is one of the most precious commodities for NGOs. The use of distributed ledger technologies could enhance transparency and accountability and thereby boost trust. Moreover, the use of DLT to facilitate financial transactions and contractual
arrangements could reduce transaction costs and promote efficiencies, allowing us to put more of our money to our mission.
2. New ways to give: The arrival of digital currencies and the ability to tokenize assets on the blockchain open up new ways for donors to interact with their favorite causes.
3. New ways to address social problems: Digital identity management has potential to reduce disenfranchisement and empower individuals to exercise greater control over their identity. DLT and digital currencies also open up new avenues for protecting wealth and facilitating financial inclusion.
We aim to inspire, federate, and create bridges between NGO’s, and government agencies, foundations, impact investors, philanthropists and technologists
Wharton professor of legal studies and business ethics who has studied the blockchain, says there’s been an “explosion of blockchain-based applications and systems. It’s still very early. It’s still not as solid and reliable as where they need to be, but it is clearly where we’re going to see more activity.” He notes that the blockchain has been used in various social impact efforts.
A cost efficient device that enables people to create a unique identity in developing countries
Too many early stage impact companies are stranded on the shrinking ice pack or shriveling on the Savannah. They need real impact investors — those practiced in the Zen of Blended Value, the Art of Multiple Bottom Line Maintenance.
Blockchain has the potential transform humanitarian responses for refugees and empower refugees themselves to create recognised identities and access essential services that may otherwise be off-limits.
This announcement comes two months after Humaniq’s social impact ICO. The product app, launching at the end of July, will give the world’s 2bn+ unbanked people the chance to start making payments with low fees, using simple biometric tech and a simple-to-use UI crypto wallet.
“Globally there are more than three mln people without electricity and almost a million without access to clean water. Our mission is to create incentives for financiers and encourage them to finance low profile projects.”
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