​Why do you say that "public welfare has been thirsty for blockchain for a long time"?

黄雪姣
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Using technology for public welfare, promoting fairness, and creating digital wellbeing is invisibly beneficial to technology itself.

Although everyone really feels the changes that technology has brought to life, the negative impact on the other side of the beautiful changes is ignored by people.

And, as technology continues to evolve, so does this influence.

Next Wednesday (October 23), Facebook CEO Zuckerberg will appear in the U.S. Congressional hearing for the second time. This time, it is a hearing on issues related to the cryptocurrency Libra. The last time (April 2018), it was the "Cambridge Analytica data scandal".

Facebook, one of the most important providers of internet services, has collectively felt uneasy about its misuse of data. People increasingly feel that "good business, good technology" is no longer a formalistic slogan, but an action that needs to be implemented urgently.

Since the beginning of this year, more and more regional governments and important leaders have taken the lead and shouldered the banner of responsibility.

On March 6, 2019, Ma Huateng, a representative of the National People's Congress and CEO of Tencent, submitted seven proposals to the National People's Congress, including "Suggestions on Strengthening the Construction of Science and Technology Ethics and Practicing the Concept of Science and Technology for Good".

"This is a good start, and I believe there will be more and more voices," said Song Ting, executive deputy director of technology and art at YLF Public Welfare Fund.

According to Song Ting, in the public welfare industry, some senior experts are obviously optimistic about the combination of blockchain technology and public welfare. To some extent, it can be said that "public welfare has been thirsty for blockchain for a long time."

What kind of "thirsty" method?

The first is the application we hear most often—donations are stored on the chain, and their whereabouts can be traced, thereby improving the transparency of public welfare activities.

Information transparency and authenticity are prerequisites for charities to win people's trust. Charities must have credibility if they are to receive sustained support. Currently, such use cases have the most applications.

For example, in December last year, Xiamen International Bank, Xiamen Charity Federation, etc. launched the public welfare project "Ivy Love Dream Plan of Huiai Action", and adopted the underlying platform and solutions provided by Qulian Technology. Users donate through the official official account, and the usage details of the money are stored on the chain, which can ensure that the money is "traceable" and the information cannot be tampered with.

Second, the blockchain can help charitable organizations transfer money at low cost and efficiently.

In this application, the United Nations World Food Program (WFP), which is responsible for aiding refugees, has the best experience.

Last year, WFP provided remittance services to refugees in Jordan and other countries through the Ethereum-based blockchain system "Building Blocks". After the migration of local refugees, it is often difficult to obtain assistance due to the lack of support from third-party institutions such as banks. With the blockchain wallet and public-private key system, this problem will be solved. As of September this year, the system has benefited more than 100,000 people.

For charitable organizations, using the blockchain instead of the traditional banking system to transfer funds can also greatly reduce costs.

According to Robert Opp, director of innovation and change management at the United Nations World Food Programme, “The blockchain system saves us about $40,000 in monthly transfer fees.”

There is also a relatively cutting-edge use case of blockchain in public welfare, and there are only a few experiments at present. For example, the Secretariat of the United Nations Framework Convention on Climate Change signed a memorandum of understanding with the blockchain company W-Foundation, and the two will cooperate to promote global climate action projects, including through the issuance of cryptocurrency rewards to encourage people to reduce greenhouse gas emissions.

In another trial conducted by the United Nations Development Program, a QR code is printed on the product packaging made of Ecuadorian cocoa. Consumers can scan this code to get a token incentive, which can be used as a discount for the next consumption, Consumers can also donate it to farmers in Ecuador to promote cocoa sales in Ecuador and help farmers improve their economic conditions.

This kind of scientific and technological public welfare attempt with a "business model" is also highly praised by public welfare people. "One-time, compassionate donations cannot self-generate, nor can they promote public welfare for a long time. Therefore, if the blockchain technology can be used to systematically record the donor's love and even give incentives, it will make public welfare More dynamic and sustainable." Song Ting said.

Using technology for public welfare, promoting fairness, and creating digital wellbeing is invisibly beneficial to technology itself.

For example, UNICEF recently created a UNICEF crypto fund that accepts digital currency donations and invests directly in blockchain startups. This also represents the first time that a United Nations agency accepts digital currency donations and will help the application of blockchain technology in United Nations operations.

This kind of endorsement will undoubtedly greatly enhance the public's favorability and trust in blockchain technology. "In this matter, technology companies that are at the forefront of change must take the initiative to assume leading responsibilities." Song Ting said.

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Qulian Technology, positioned as a blockchain technology service provider, was established in 2016. More than 80% of the company has a master's or doctor's degree. The underlying technology platform of the domestic independent and controllable alliance chain developed by it ranks first in the technical evaluation of many large financial institutions, and is also the first batch to pass the Standard Institute of the Ministry of Industry and Information Technology and the Institute of Information and Communication. The underlying platform for blockchain standard testing. At present, it has been applied in more than 60 financial institutions including the People's Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China UnionPay, Shanghai Stock Exchange, Shenzhen Stock Exchange, and has also served in Europe and the United States and other international markets.

The "Xinhu·Yushu Children's Relief Special Fund" started in 2010. At that time, a 7.1-magnitude earthquake occurred in Yushu, Qinghai. As a capable and responsible enterprise, Xinhu Group donated 50 million yuan at the first time, set up the fund and built "Yushu·Xinhu Children's Village" for Provide comprehensive assistance for the healthy growth of earthquake orphans.

The kind of future that new technology wants is not just the development of technology, but the related philosophy, ethics, art, and supporting systems can adapt to the development of technology, so as to reduce the occurrence of "data scandals" and benefit all mankind .

Let FunChain and technology work together to create warmth and beauty for the world.