People are able to finance good things, with returns appropriate to their needs, and see the impacts of their contributions.
Provide an app for community teams that helps fund projects to do good things and automatically measure impact.
Impact investing (investment for positive social outcomes as well as financial return) dates back to 1968. After 50 years, some estimate the global market size to be $0.5 trillion, but this represents under 0.25% of the over $200 trillion invested in other markets (bonds, stocks, real estate, and so on).
Impact investing's capacity to scale is limited by dependence on evaluation and monitoring by skilled professionals, which not only creates high transaction costs but also hampers attempts to standardise impact measurement.
We have used new technologies including permissioned blockchain, smart contracts, Internet of Things, and data science to create automated Social Impact Bonds (SIBs) that remove the brakes from impact investing and allow it to be extended to smaller projects.
This helps communities reduce poverty / inequality and increase sustainability / resilience by vastly increasing the funds available for social change, while at the same time lowering its overhead costs by automating measurement, and increasing community engagement by offering ownership to local people.
Story So Far
We are partnering with major organisations in Bristol and the South West to deploy our platform in 2020.
For more information, contact us!