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Empowering Communities and NGOs Using Blockchain and Social Impact
Empowering Communities and NGOs Using Blockchain and Social Impact
Order ID 53003233773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Empowering Communities and NGOs Using Blockchain and Social Impact
Blockchain technology is not just revolutionizing the financial industry; it is also creating a significant impact on social and environmental issues. Blockchain provides a decentralized and transparent platform that empowers individuals and organizations to work collaboratively to solve social and environmental challenges. In this article, we will explore the potential of blockchain for social impact and how it is empowering communities and NGOs.
Decentralized Philanthropy
Blockchain technology has opened up new possibilities for decentralized philanthropy. With blockchain, donors can donate directly to beneficiaries without intermediaries, such as charities or government agencies. Blockchain technology provides transparency and security, ensuring that donations reach their intended recipients without being lost to fraud or corruption. For instance, the blockchain-based platform, Giveth, enables direct and transparent donations for charitable causes.
In addition, blockchain can also incentivize philanthropy. Blockchain-based reward systems enable donors to earn rewards for their contributions, such as tokens or digital assets. This incentivization model creates a win-win situation for both donors and beneficiaries.
Empowering Communities
Blockchain can also empower communities to take control of their resources and improve their quality of life. For instance, blockchain-based platforms like WePower and Power Ledger enable communities to own and manage their renewable energy projects. These platforms provide a decentralized and transparent marketplace for renewable energy production, enabling communities to buy and sell renewable energy.
Moreover, blockchain can also help to address issues related to land ownership and property rights. The blockchain-based platform, Bitland, is using blockchain technology to create a transparent and secure land registry in developing countries. By using blockchain, Bitland is enabling individuals to prove ownership of their land, which is critical for securing access to credit, protecting against land disputes, and enabling economic development.
NGO Transparency and Efficiency
Blockchain can also improve the transparency and efficiency of NGOs. Blockchain provides a transparent and tamper-proof ledger, which enables NGOs to demonstrate their accountability and transparency to donors and beneficiaries. For instance, the United Nations World Food Programme (WFP) is using blockchain technology to deliver aid to Syrian refugees in Jordan. The blockchain-based platform provides a transparent ledger of transactions, enabling the WFP to track the delivery of aid and ensure that it reaches its intended recipients.
In addition, blockchain can also improve the efficiency of NGOs by reducing administrative costs and enabling faster transactions. Blockchain-based platforms like Alice.si enable NGOs to raise funds and track donations in a transparent and efficient manner. By using blockchain, Alice.si is reducing the administrative burden of fundraising and enabling NGOs to focus on their core activities.
Challenges and Limitations
Despite the potential of blockchain for social impact, there are still several challenges and limitations. One of the main challenges is scalability. Blockchain technology is still in its early stages, and current blockchain systems can only handle a limited number of transactions per second. This limitation may hinder the scalability of blockchain-based solutions for social impact.
Moreover, blockchain technology requires a high level of technical expertise, which may limit its accessibility to individuals and organizations with limited technical knowledge. Furthermore, blockchain technology may also be subject to regulatory and legal challenges, which could hinder its adoption for social impact.
Conclusion
Blockchain technology has the potential to transform social impact by empowering communities, improving transparency and efficiency of NGOs, and creating new possibilities for decentralized philanthropy. Despite the challenges and limitations, blockchain-based solutions for social impact are already making a significant impact. As blockchain technology continues to evolve, it is likely to play an even greater role in addressing social and environmental challenges.
Empowering Communities and NGOs Using Blockchain and Social Impact
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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