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Blockchain For Social Impact

Blockchain For Social Impact

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Moving Beyond The Hype

SUMMARY

This report explains that blockchain projects focused on driving social impact are still at the nascent stage — nearly two-thirds are still in the pilot or idea stage.

However, over half of the projects analyzed for this report of blockchain projects with a social impact were expected to impact their beneficiaries by the beginning of 2019.

This study on blockchain and social impact are based on the analysis of 193 organizations and projects that are focused on blockchain technologies to boost social impact.

According to this paper, democracy and governance projects comprise 62% of all projects expected to have a real impact over the next six months when this study was carried out. The document also notes that 63% of initiatives in the energy sector were not expected to see a real social impact within the next couple of years.

The report includes plenty of case studies including the Estonian case. The Estonian government’s early adoption is the most advanced example of a government using blockchain technology to improve government services, according to this research. Nearly 100% of Estonia’s government services are available as online services via e-Estonia, the study explains.

Blockchain technologies also offer solutions that wouldn't have been possible in the past, without blockchain technologies. Around 20% of the projects studied for this report provide a solution to an issue that it is only possible to solve with blockchain technologies. 

Regarding the differences among sectors, the health industry comprises the highest number of initiatives. Out of the total of the project's studied for this research, a quarter of them was concentrated on the healthcare sector. This is followed by financial inclusion, a sector with 13% of the blockchain initiatives examined for this paper.

OUTLINE

Executive Summary

Blockchain

Sectors

Case Studies

Conclusions

 

DETAILS

Overview

Researchfinder Rating
5 out of 5 stars
Title
Blockchain For Social Impact
Sub-Title
Moving Beyond The Hype
Region
Global
Published
April 1, 2019
Publisher
Rippleworks , Stanford
Author(s)
Doug Galen, Nikki Brand, Lyndsey Boucherle, Rose Davis, Ben El-Baz, Isadora Kimura, Kate Wharton, Jay Lee
Price
FREE
Language
ENGLISH

Content

Number of Pages
82
Number of Tables
0
Number of Exhibits
40
Topics
blockchain
Tags
agriculture, bitcoin, blockchain, case studies, climate, cryptocurrency, digital identification, DLT, e-governance, Estonia, global, healthcare, online payment, security, smart contracts, social impact, Stanford, token
Companies mentioned
PayPal, Venmo, Modum.io, Mojaloop, AgriDigital, Grassroots Cooperative, Bext360, e-Estonia, Votem, BanQu
Author(s)
Doug Galen, Nikki Brand, Lyndsey Boucherle, Rose Davis, Ben El-Baz, Isadora Kimura, Kate Wharton, Jay Lee
Methodology
This report is based on the analysis of over 190 organizations focused on applications of blockchain technologies for social impact. More than 60 interviews with representatives of those companies were also conducted for this study.
EVALUATION

The authors have done an excellent job of exploring and quantifying the potential blockchain technology has to solve society’s problems across many different areas and sectors, like governance, democracy, energy, health, and many others, which makes it an excellent read. 

  • Great key findings
  • Quality data
  • Key information is highlighted
  • Includes references and resources
  • Case studies
  • Great graphs

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