Blockchain Trust Accelerator Unveils Social Impact Blockchain Projects Online Registry

Blockchain, News | September 28, 2018 By:

The Blockchain Trust Accelerator (BTA) has created a definitive online registry of social impact blockchain projects, spanning the non-profit, public, and for-profit sectors.

Established in 2016, BTA is harnessing blockchain technology to solve social impact and governance challenges. It brings together governments, technologists, civil society organizations, and philanthropists to build Blockchain pilots that benefit society. It helps organizations and institutions increase accountability, ensure transparency, create opportunity, and build trust in core institutions.

Called The Impact Ledger, the online registry was funded in part with a six figure grant from not-for-profit, grant-making platform Social Alpha Foundation (SAF). The online registry aims to raise awareness of high quality social impact blockchain projects among key audiences, including NGOs interested in pursuing blockchain projects, funders exploring blockchain technology, as well as for-profits considering the creation of blockchain projects and/or partnering with those in another sector.

Tomicah Tillemann, Founder of the Blockchain Trust Accelerator at New America, and Chairman of the Global Blockchain Business Council, said that attempts to catalogue activity in the space have lacked rigor, a mechanism for keeping information up-to-date, and a communication strategy to ensure information about projects reaches the right audiences.

“The Impact Ledger will solve those issues by convening experts in the field to define parameters for inclusion in the registry, applying those parameters to researched and referred projects, implementing a plan for updating The Impact Ledger regularly with additions, deletions and relevant news on listed projects, and crafting a communications plan to raise awareness of the registry among key constituents,” Tillemann said.

Founded in Hong Kong in 2017 by Nydia Zhang and Jehan Chu, SAF focuses on supporting blockchain education and outreach to empower communities to utilize blockchain technology for social good. It provides no-strings funding to companies and projects that educate communities on blockchain for social change. The not-for-profit also gives grants to non-commercial blockchain applications that focus on improving public health, education and the environment.

“The Blockchain Trust Accelerator will elevate the field of blockchain for social impact with The Impact Ledger, and we are proud to be supporting them as they build a definitive, vetted registry which promotes the understanding and flow of resources to blockchain for social impact projects, and which separates hype from projects with real impact and potential,” Zhang said.