Ship2B awards EthicHub with the Impact Company seal!
(Leer en Español: https://cutt.ly/4wgmMXl)
Ship2B awards the seal of “Impact Business” to EthicHub for its work in the financial inclusion of small farming communities.
EthicHub, the collaborative financing platform, based on Blockchain technology, has achieved a new recognition for its innovative and social activity. On this occasion it has come from Ship2B, one of the leading entities in the world of impact in Spain. This is not the foundation’s first recognition of the work done at EthicHub. Last June, during the Ship2B Demo Day, the project was awarded the prize for the “startup with the greatest impact.” With this last distinction, the seal of the foundation, EthicHub is officially recognised as a business project that has a clear and defined social and/or environmental objective.
Previously, EthicHub’s efforts received different awards and distinctions as well. At the end of 2017, at the BitConf held in Colombia — one of the most important and representative events of the Blockchain ecosystem — it won the Blockchain4 Humanity award for the best blockchain project in the category of financial inclusion. In 2018 EthicHub obtained recognition of the fintech ecosystem in Spain, with the Spanish Fintech Award for the best social impact startup. In 2018 again, at the Ibero-American Design Biennial, it was the most awarded proposal among the hundreds of projects presented, adding the Design for Development / Spanish Cooperation award, the Design and Entrepreneurship award and a special mention in the Service Design category. And now, the world of impact investment in Spain officially recognises the work developed by EthicHub.
EthicHub, using Blockchain, already has an operating platform capable of creating an ecosystem where all the participants gain from the relationship and optimise the current models with the use of this technology. On one hand, because small farmers, who currently need to finance themselves at rates that exceed 100% per year, have now a new financing tool with much cheaper and accessible rates, in addition to having the possibility of directly selling their crop in a Marketplace at fair market prices. On the other hand because the platform’s investors opt for 15% annual return, supporting projects based on real and productive economy, as well as buyers of raw materials who can directly access and buy the farmers’ production without intermediaries.
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