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Blockchain for social impact 2019

Blockchain for social impact 2019

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SUMMARY

This report reveals that nearly half of companies under examination for this paper use blockchain-primarily for records and verification. 

Platforms and marketplaces, followed by payments and money transfers are among other common use cases. Smart contracting is the least common use case for the firms included in this research.

Regarding the Digital Identification sector, records and verification is the use case for the great majority of organizations studied for this report. The reason for this is because blockchain constitutes an efficient way to handle the challenges that come along with records and verification. 

As for the different types of blockchain, over 40% of the 110 organizations interviewed indicate that they use Ethereum. 10% report use Hyperledger, 8% use Bitcoin, 8% use their blockchain, and 5% report use various types of blockchain.

According to the survey, 14% use a blockchain that is not Ethereum, Hyperledger, or Bitcoin — that is Corda, Cosmos, Stellar EOS, Penta Global and Ripple.

The great majority of companies said they expected reaching customers or end-users within six months while just a small percentage expected to need over a year. Most companies studied for the research concentrated on offering a general social public good – such as reducing emissions or improving healthcare services. Over 40% of companies were created to help a vulnerable group.

A significant majority of respondents said that blockchain had a strong value-add toward reaching their social impact goals. A good share of companies as well reported the challenges that the launch of blockchain projects implies. These issues include regulatory challenges, education of the public and stakeholders, budget constraints, lack of infrastructure, security and privacy concerns.

OUTLINE

Executive Summary

Agriculture

Climate and Sustainability

Digital identification

Financial inclusion

EGovernance

EHealth

DETAILS

Overview

Researchfinder Rating
5 out of 5 stars
Title
Blockchain for social impact 2019
Region
Global
Published
Sept. 13, 2019
Publisher
Stanford
Author(s)
Doug Galen, Asset Abdualiyev, William Chong, Sneha Iyer, Rosanna Kim, Darsh Mann, Elani Owen, Junhyung (Edward) Park, Gailyn Portelance, Olivia Seideman, Natalya Thakur
Price
FREE
Language
ENGLISH

Content

Number of Pages
37
Number of Tables
0
Number of Exhibits
0
Topics
blockchain
Tags
agriculture, bitcoin, blockchain, canada, digital identification, e-governance, e-health, ethereum, financial inclusion, financial services, global, hyperledger, ripple, Stanford, sustainability
Companies mentioned
Grainchain, Verv, Spring Labs, Bitpesa, OS City, Coverus
Author(s)
Doug Galen, Asset Abdualiyev, William Chong, Sneha Iyer, Rosanna Kim, Darsh Mann, Elani Owen, Junhyung (Edward) Park, Gailyn Portelance, Olivia Seideman, Natalya Thakur
Methodology
This report is based on interviews with organizational leaders working on blockchain for social impact at 110 organizations. The research is also based on digital surveys.
EVALUATION

What makes this report a great read is its excellent content and case studies and great design.

Positives:

  • Clear insights
  • Great graphs
  • Appealing design
  • Blockchain comparisons
  • Plenty of cases studies
  • Excellent content
  • Highlighted key content
  • List of companied involved in the project and hyperlinks

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