Scams and other criminal activities use the coronavirus crisis (COVID-19) to spread more rapidly, for example by fraudulently requesting money to frighten people. To stop this, the blockchain-based platform Stopcovid.io makes donations more traceable and transparent. Donors are able to track the impact their money generates in real time on projects that directly fight the COVID-19 crisis.
Stopcovid.io is a new social innovation project designed and developed by The Common Good Chain (ComGo), in collaboration with the United Nations Technology Innovation Labs (UNTIL) and several other partners.
The platform started with 69 Spanish NGOs and three social enterprises being trained in digitalization and blockchain technology. Particularly small and medium NGOs struggled with new technologies. That is why experts helped them to upload their first projects.
Although the platform started in Spain, any country willing to disrupt their social impact management and measurement can participate.
What can Stopcovid.io do for its users?
- Trust: All projects uploaded onto the platform come from certified entities. All entities added to the network were previously validated by social key agents.
- Transparency: All donations made through Stopcovid.io are 100% traceable and transparent, thanks to blockchain.
- Efficiency: Organizations will be able not only to upload their own projects, but also to look for possible synergies and collaboration points with other members of the platform. This will further enhance the efficiency of each project.
What can you do?
If you wish to donate: Support causes and organizations helping the most vulnerable during the COVID-19 crisis and track your impact in real time.
If you work for a non-profit: Upload your activity and report your milestones to keep growing your community and impact.
If you work at a for-profit: If you wish to help from the private sector, upload your initiatives and connect with other social agents and with citizens.
"The advances of the Fourth Industrial Revolution, including those brought on by a combination of computing power, robotics, big data and artificial intelligence, are generating revolutions in health care, transport and manufacturing.
I am convinced that these new capacities can help us to lift millions of people out of poverty, achieve the Sustainable Development Goals and enable developing countries to leap‑frog into a better future."
23 March 2018, New York