Proof of Impact: Difference between revisions
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(Created page with " =Description= proof of impact protocol: "The Ixo Foundation, based in South Africa ... is developing a “proof of impact” protocol allowing data about projects – for...") |
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Revision as of 04:00, 13 July 2018
Description
proof of impact protocol:
"The Ixo Foundation, based in South Africa ... is developing a “proof of impact” protocol allowing data about projects – for example, that a child has been vaccinated or that a tree has been planted – to be recorded on a distributed ledger (a blockchain). This enables the claim of impact to be verified as legitimate and for funders thousands of miles of away to see that their money has been well spent. It also creates a new asset class, a cryptographic token that’s issued as the claim is authenticated, that could become the basis for a more organized, regulated form of investing." (https://www.fastcompany.com/40513028/this-new-blockchain-protocol-wants-to-create-accountability-for-social-impact)