Blockchain makes public welfare easier.Drive society’s positive good cycle.
【Published by: FUTURE COMMERCE | Editor: Shen Qin-Yu | Translator: Statecraft 】
Perhaps you have heard a lot of negative news about the blockchain, but the technology tool itself has no good or evil, depending on where the user applies it. In fact, blockchain has made a lot of progress in the public welfare field. Whether it is donations, volunteers, environmental protection and other types of public welfare activities or work, you can borrow the security, trust, decentralization and other characteristics of the blockchain to encourage more Many enterprises, organizations, or individuals participate in it, driving a positive cycle of society.
Do you still have an impression of blockchain on the application of virtual currency? With the initial coin offering (ICO) and securities token offering (STO), the boom has quickly disappeared, the blockchain industry has instead returned these technologies to the fundamentals and started to promote it in various vertical Industrial applications, and not only in the commercial field, but also the introduction of public welfare activities has become increasingly active.
Blockchain combined with CSR, let companies more like carbon reduction and environmental protection
Green Hope is a company that helps companies achieve corporate social responsibility (CSR) with a blockchain platform. At this stage, it mainly focuses on green energy environmental protection projects. The first is to encourage corporate employees to share rides. The saved carbon footprint will be certified by blockchain technology to provide companies with an enhanced image or meet policy requirements. The second is to encourage the travel and lodging industry to reduce environmental impact through plastic reduction. If tourists reduce the use of toothbrushes, Shaving razors and other supplies can get housing rebates or consumption points, while travelers can build a high-quality image and contribute to the global environmental protection. The third is the charity savings bank plan. With exclusive agent technology, This finds idle resources in the enterprise and provides for public welfare use.
Green Hope’s founder Lin Hsiang-Hsu has been participating in environmental movements for a long time. He hopes that when developing new space bases, companies can think about the impact on the environment and create a win-win situation for society, the environment and the economy. The rise of blockchain technology can further solve the problem of data exchange and connection between enterprises and the outside. Therefore, they will invest in entrepreneurship and contribute to the global ecology and sustainable operation of enterprises.
Lin Hsiang-Hsu emphasized that blockchain technology is highly secure and cannot be modified, allowing business owners to put their doubts aside and conduct cross-industry and cross-domain data exchange. Take the corporate employee ride-sharing plan as an example. Blockchain technology allows all ride-sharing information to be completely traced and cannot be tampered with. After employees upload the ride-sharing record to the cloud platform through the app, the company’s human resources or financial department can give it accordingly. Subsidies can be checked and verified by external units; companies will also be encouraged to release idle resources such as parking spaces, space, and materials, and automatically match them to the required group organizations through the blockchain so that resources can flow and be effectively used in society.
Blockchain makes capital flow transparent and injects new energy into charity fundraising
Since the donation flow of public welfare organizations is unknown, and people are not planning to hide, many people are uneasy about the use of donation funds. According to a survey conducted by the Joint Encouragement Center, 49% of Taiwan ’s sponsors want recipients to publicize the flow and use of donations, and another 45% are worried that donations are not being used properly.
In view of this, Dodoker cooperated with the Industrial Technology Research Institute to establish the world’s first blockchain mass fundraising platform, making good use of the characteristics and advantages of blockchain to ensure the rights and obligations of sponsors and sponsors, and the project. Transparent and open process. When the sponsor initiates a fundraising project on Dodoker, including the name, launch time, the estimated amount of the target, and the blockchain address of the sponsor, all will be recorded on the blockchain in detail. The sponsor can retrieve the website on a third-party blockchain. “Etherscan”, see the detailed content information of the project, and each subsequent funding, the sponsor can also allocate the use of sponsorship funds directly through the platform, and the donors can also see the funds at a glance.
Dodoker founder Roger Zhuang believes that if the mass fundraising does not have a blockchain, where the money goes, only the platform knows that many group fundraising cases were actually frauds. Only through the power of blockchain technology can traditional companies be assisted Create a transparent and trusted capital flow, while introducing virtual currency payment as a donation tool, so that non-profit organizations can access more opportunities for business cooperation; in the future, we hope to extend the application of blockchain to more need for capital flow transparency Scene.
Unlike other commercial group fundraising platforms, the proposals on the Dodoker platform are all types of public welfare, including projects such as animal protection, vulnerable care, youth education, senior citizen care, and hometown services, but most of the sponsors are not well-known public welfare For groups or social welfare agencies, sometimes sponsors can’t help but feel lack of trust and hesitation.
Benefiting from the blockchain technology, the sponsorship details of all participants and the rights and obligations of the crowdfunding contract cannot be tampered with. Each sponsorship detail is transparent and open, and the end-to-end process flows transparently, taking into account the privacy of both parties, and the final stop of each payment can be traced back; even if the site encounters a force majeure disaster, the rights and interests of all stakeholders are not affected. These have greatly improved the transparency of the capital flow and increased the trust of the sponsors. Increased everyone’s participation and injected new energy into public fundraising.
Volunteer hours can be stored and withdrawn, the blockchain creates a time banking platform
When you engage in public welfare activities and volunteer work, you do not expect any return, but in order to promote the social good, mutual trust, and take care of each other, to achieve the goal that the elderly have live-in care and young, strong people have jobs.
The concept of “Time Bank” advocated by Professor Edgar S. Cahn, a doctor of law from Yale University in the United States, has gradually been recognized. Many companies, communities and non-profit organizations have introduced this mechanism to allow members to spend hours on public welfare activities. Or, if there is a demand, a considerable amount of hours can be withdrawn from other members in return.
‘’UTime Cloud Bank’’ is a further integration of the concept of time banking with blockchain technology to create a cloud time banking platform that allows volunteer teams to have a data management system within the organization, allowing time to be stored, withdrawn, and used Through “UTime Token”, it is highly reliable, recordable and trackable, and cannot be tampered with. It solves the pain points of corporate CSR that is difficult to estimate the actual benefits. At the same time, it can also relieve the pressure of caring for elders at home through mutual assistance of members.
The founders of “UTime Cloud Bank”, Chen Hong-Yi and Lin Shi-Yue, who developed and operated home care the matchmaking platforms originally. In 2015, they launched “Ucarer”, but later found that the problem of insufficient elderly care resources was far more serious than expected. The solution is to solve the problem with the self-funded market. Therefore, after being exposed to the concept of “Time Bank”, they quite agree with such a concept. They hope that the time banking platform can be used with blockchain technology to be widely introduced into corporate volunteer teams and non-profit volunteers Organize and realize the aging vision of “Everyone can become a contributor and every needy can be cared for”, turning over the care problem of Taiwan’s aging society.
The platform mainly includes two major types of community and home services, including community care, transfer service, community accompany, meal sharing, home care, home spiritual comfort, home health promotion and other services. Regardless of the simplicity and complexity of service work, services Volunteer can get a “Utime Token” for one hour of service. Members can exchange time coins for services or donate to relatives and friends. Members will receive time bank statements on a regular basis, and each service transaction will be recorded in the time bank. It can specifically quantify the CSR benefits, grasp the investment status of employees or members, and use the data on the blockchain to analyze the benefits of volunteer activities as a reference for planning future activities.
■ Source: FUTURE COMMERCE
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