Social Impact Archives - Blockchain Insider https://bcinsider.my/tag/social-impact/ Blockchain, Bitcoin, Money Sun, 30 Sep 2018 13:05:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://bcinsider.my/wp-content/uploads/2020/11/cropped-logo-favicon-blockchain-insider-32x32.png Social Impact Archives - Blockchain Insider https://bcinsider.my/tag/social-impact/ 32 32 Technology. Business Value. Social Impact. https://bcinsider.my/technology-business-value-social-impact/ Fri, 28 Sep 2018 12:56:05 +0000 http://bcinsider.my/?p=574 Technology. Business Value. Social Impact. So many things can be done. So many problems looking for solutions. The question is, what and how can we contribute? We are NOT looking at creating millionaires or business tycoons, it should happened as a bonus, if any. We …

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Technology. Business Value. Social Impact.

So many things can be done.

So many problems looking for solutions.

The question is, what and how can we contribute?

We are NOT looking at creating millionaires or business tycoons, it should happened as a bonus, if any. We are looking at a more transparent and fair way of resources distribution, moving towards a moneyless society.

The thing can be as simple as feeding a family. A charity wrapped in dignity.

What the majority of people want is simply food on the table, a simple and happy life.

The fact that poor people survive is a solid proof of their ability. Instead of giving them fish, teach them how to fish – equipped them with the right knowledge, tools, and community support.

Imagine 1,000 new entrepreneurs with an average of only USD 200,000 in revenue per annum, that translates into USD 200 million flowing in the economic system. Do the maths for other figures accordingly.

It might be small figure to big corporate, but it means a lot to a country when such achievements lifted another 1,000 families from the poor.

Consider the ripple effect.

We need more meaningful tasks for people to accomplish. And we do have that long list of pending tasks. #UN #SDG #TheFutureOfWork

We can reverse engineer the current system where it goes wrong.

It can be done. It is achievable.

Images from MARC Rating Methodology document, Impact Bond Assessments by Milly Leong, July 2018.

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