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These 73 blockchain projects can have a great social impact

The Blockchain or chain of blocks is increasingly used in more businesses with different purposes. These 73 companies use this technology to cause a great Social Impact.

The blockchain or chain of blocks is being used in many companies today. Although the price of the cryptocurrency (the payments made with blockchain) decreased in some occasions, millions of transactions were made all over the world; In addition, new blockchain or block chain projects have been created that can have a great social impact.

The blockchain technology  came with various promises of change, such as the decentralization of accounting, but also with many criticisms of the use that companies make of this technology of information blocks .

That’s why Breaker magazine has given a bit of clarity and optimism in the world and culture of the blockchain , presenting it as a tool that can be extremely beneficial to change the world for the better, reports Fast Company .

This company has agglutinated 73 companies and organizations that plan to use blockchain to have a positive social impact or that they are already carrying out.

“Among the many futuristic promotional videos and buzzwords, we find new companies with smart and practical action plans that include distributed accounting books and state-independent currencies, not because those terms make Bitcoin billionaire investors shrink their ears, but because Technologies reinforce the objectives of organizations “ , wrote Jessica Klein, Breaker journalist.

To evaluate these companies in relation to their use of block chains, methods that denote the credibility of the company were used, such as the concrete actions that Blockchain performs , the money they have through this technology, and the people of the company that is involved in it.

Some examples of companies that impact socially with their blockchain projects are:

  1. BitGive Foundation: The foundation uses blockchain to help people track the impact of their donations in real time, and aims to change the lack of feedback on where people’s money is going.
  2. Brooklyn Microgrid: This company uses blockchain to manage new sources of energy for people in a community who do not want to be in debt to the local utility company.
  3. Goodr: Here you help manage the flow of excess food from stores and restaurants to the organizations that need it, and today they have already managed to send more than one million euros of food.

These are just some of the 73 companies that have carried out or are carrying out blockchain projects that can have a great social impact.

The post These 73 blockchain projects can have a great social Impact appeared first on 5 to 9 News.



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