Shedding Transparency on Sustainability Projects. (+ Free STEEM)

in bitcoin •  4 months ago

Blockchain technology is undoubtedly one of the most disruptive developments of the 21st century, and it’s still in its absolute roots. A vast portion of startups are leveraging the transparency aspects of blockchain technology to improve transaction-cored operations across various industries.

Blockchain technology aside, the digital era has been studded with startups aiming to disrupt companies operating on traditional operational models. The blockchain just provides a new channel to pursue this disruption.

As widespread the visions of today’s startups may be, industries that are often overlooked are social work, charity, and humanitarian operations. Whether it be charities or government-funded organizations, the scope of efforts that deal with all sustainability issues is massive. Every year, hundreds of billions flow through charity organizations and private social enhancement companies. While any corporation that would operate in such cash-rich environments would have to abide by heavy audits and regulatory demands of transparency, most entities in the charity and humanitarian efforts’ spaces are able to slide by within the shadows.

Positively disrupting the Good


Many of the world’s socio-political and humanitarian crises are handled by public-funded operations. Pricier movements and campaigns that core around protection of animal life and Earth’s ecosystems are often handled by cash-rich NGOs, CSR funds, or government-supported entities.

Many of the entities that exist in the space operate as either non-profit private organizations or charities. While the work these entities operate in is destined to improve the well-being of people across the world, many individuals and even entire entities are caught up scandals.

The lack of transparency on charity and humanitarian funds is problematic. While entities (and even people) in this space receive billions of dollars to operate, the constraints on how the funds are utilized are not properly enforced; the lack of transparency on capital flow is at the center of the problems. Blockchain technology, by enabling seamless transparency over capital movements, provides an easy means with to shed light on the huge sums of cash that flows through all entities that should be liable to their funders, whether they be everyday people, CSR funds, or governments.

A Platform for Transparent Operations

Klimatas is creating a single platform that can enable the need of transparency on charity and humanitarian efforts. Particularly, the development delivers transparency on the funds received by startups that operate in this space, thereby giving investors greater confidence in their endeavors.

Klimatas aims to deliver a service that can allow all funding activities to take place on a blockchain-enabled platform, thereby allowing funders to easily verify the use of funds. Any organization that operates on the platform will be able to move funds freely but its capital flow would be under a spotlight. This is incredibly important as it increases people’s confidence in any entities that operate to achieve a more sustainable future.

Targeting the Problems

While the world is advancing at an impeccable pace, many of the problems that have existed for eons are still present. Whether it be hunger, homelessness, or environmental dismay, there are problems to address.

The solution isn’t throwing more money at the issues.

In 2017, Americans, alone donated more than an average of $1 billion per day—that’s just the US. The funds were allotted to various organizations targeting a massive range of issues. Additionally, billions more were given as government grants and as investments to private entities and startups that aim to deliver a for-profit solution. While the allocation of grants and investments to for-profit entities is great if the final development aids sustainable global prosperity, the problems starts with the delivery of solutions.

New Entrants

Given the problems faced by charity organizations in this space, more startups are aiming to pursue the sustainability space. The aim is to leverage technology rather than human capital to foster improvements. The goals, as honorable as they may be, are similar to those of existing entities.

The startups at hand aim to deliver products for better agriculture, cleaner energy, more efficient engines, and so on.

The sustainability space is ripe for such developments as both governments and investors aim to target such a space as there’s a dire need for such solutions.

However, whether it be charities or for-profit startups, the problem of transparency limits the need for true efficiency and righteous pursuits. Klimatas has a simple goal and that is to provide a seamless means to integrate transparency into the existing system.

Klimatas acts as the platform on which funds are gathered and withdrawn. The flow of capital, however, can be hashed and thus tracked. This ensures both for-profit start-ups and non-profit organizations, that receive funds through the platform, are utilizing the capital for what it was intended. This can greatly cut down on the scandals faced by organizations in the sustainability space as any nefarious entities and individuals would be swiftly cut off.

A Focus on Technology


Klimatas has a focus that aligns with the tech-cored sustainability operations of today.

While the platform can be used for funding even non-profit operations, the key goal of the platform is to funnel some of the hundreds of billions of dollars that flow into unmonitored charity organizations, that largely aim to use deliver solutions through utilizing human capital, into more innovative efforts that aim to deliver a more permanent and scalable solution.

One of the key means of initiating a switch is by allowing the funders to notice the transparency provision available on the funds allocated to the start-ups on the platform. Providing the ability to track tangible improvements and the capital used to garner them aligns with the lean and fast-paced solution execution typically seen in other industries that the tech industry targets. If innovation has been able to target solutions in so many sectors, its time it also delivers solutions in the sustainability space.

A Strategic Launch

Just a few years ago, the UN launched the Sustainable Development Goals (SDG). The milestones set within the SDG cover all sorts of problems from poverty and protection of wildlife to improved access to education and clean drinking water.

Given the increased focus of world leaders on the issues resented in the SDG, it is quite likely that more capital will flow in the sustainability space. Various countries have set minimum goals to be achieved each year and this has put stern deadlines on performance. This is the optimal time for Klimatas to mark a prominent role in the sustainability space by ensuring funds flow to the most transparent and competent teams as any unscrupulous usage of the platform would be swiftly spotted.

Proof of Stake


Transactional validation is at the core of Klimatas and the network will utilize masternodes to secure throughput. Additionally, current purchases of masternodes also enable a direct stake in the company as masternodes are liable for a 20% share in the company revenue.

Masternodes come at a cost of 1,000 Klimatas native tokens, KTS. Masternodes earn 80% of each block reward. There are presently only 2 recipients, and each is receiving a share of at least 3 KTS per block.

KTS will serve as the currency of the platform and so the transactional throughput to fund initiatives on the platform will require KTS. There’s currently a special bonus for the Steemit community: https://www.klimatas.com/steemit-promo/.

Transparent Progress

Many of them macro issues today can and will be resolved through technological advancement.

These steps forward will involve funding and it’s important that all measures are taken to keep the capital flow transparent. Klimatas is leveraging blockchain technology to provide a missing solution by ensuring transparency is in innate aspect of positive efforts that finance startups aiming to provide positive solutions to the world, whether it be a means to improve energy supplies in OECD countries or education access in developing nations.

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Essential Links


🌐 Website: https://klimatas.com/
💡 Whitepaper: https://www.klimatas.com/whitepaper/

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@hatu has set 7.100 STEEM bounty on this post!
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Congratulations to the following winner(s) of the bounty!

Hi @hatu, thank you for sharing about Klimatas.

Projects and initiatives placed on the blockchain has left many existing players worried - due to increased transparency and accountability.

Hence the mixed rapport in the use of blockchain comes from the hesitation to reveal information by companies.

We strife for a self-governed and community-regulated environment and blockchain has the means to provide this.

All the best for KTS :)

-tysler

Hello dear @hatu.

One of the actions of the human being that always generates hope in humanity is the support to non-profit charitable initiatives. NGOs throughout the world receive considerable amounts of capital per year.

Corruption scandals do not stop surprising us. Even, these organizations do not escape from it.

As is well known, blockchain technology offers great transparency in the handling of all transactions that are generated. Therefore, its applicability in accounting aspects goes hand-in-hand.

Klimatas is creating a single platform that can enable the need for transparency on charity and humanitarian efforts. Particularly, the development delivers transparency on the funds received by startups that operate in this space, thus giving investors greater confidence in their endeavors.

This initiative is brilliant because it would be taking advantage of the public accounting books and of easy audit that the blockchain provides to maintain the transparency in the administration of these funds.

Good for that!

All best, Piotr.

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Well stated.
This is a next gen accounts integration.

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Dear @hatu

Thank you for your previous comment. And Im also sorry for such a late reply. I wonder if you even will read my comment ...

ps.
I NEED YOUR HELP :) Nothing serious really. But I still hope you can spare few minutes of your time :)

I found out about great contest where winning community can receive a year's delegation worth of 20k SP!

I realized that receiving such a delegation could help greatly to grow our community. After all I'm upvoting each valuable comment. On top of that, I'm doing my best to promote quality content published by other authors and again: I like to reward those who engage with those authors.

I know that it's probably a long shot and most likely our community won't stand a chance in this contest. But I love being the underdog! Let's give them a fair fight :)

Which brings me to my next question, I was wondering if I could count on your support? At this stage I would only need to ask you to comment this post and suggest myself for the contest. Perhaps you could also make another suggestion: @ help.venezuela (this is run by my dear friend @ achim03).

https://steemit.com/dpoll/@theycallmedan/20k-steem-delegation-poll

This is just a first round attempt. I hope we can make it to second round hahha :) Naturally I would appreciate if you could ask your friends to help with our little "quest" :)

Let me know what you think? Perhaps you can also share some advises and hopefully we can "do little bit of brainstorming". Would be awesome to win :)

Yours
Piotr

really excellent analysis @hatu . butl i think blockchbain hbas dark future coming few years

Hello @hatu , I joined the discord channel, I find everything that this blockchain world can do interesting. In addition to the daily launch of new applications, this great platform klimatas will be a very good launch because many people will have more confidence in carrying out their charity works since it shows what is being done with the money previously given.
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Glad you like it.
!tip 1

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🎁 Hi @medicineforlife! You have received 1.0 STEEM tip from @hatu!

@hatu wrote lately about: Shedding Transparency On Sustainability Projects. (+ Free Steem) Feel free to follow @hatu if you like it :)

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Thanks To:
@hatu
&
klimatas:
https://klimatas.com/

It's great project, congratulations...



I find it very useful!
an appropriate way to get the most out of blockchain, I really like its advantages and I fully support this initiative ...
I wish you luck, in future projects!

Hi @hatu I think this project would need the much needed transparency that is flushed with funds yet struggles to provide transparency when it comes to documenting the documentation. I have joined the discord channel

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🎁 Hi @alz190! You have received 1.0 STEEM tip from @hatu!

@hatu wrote lately about: Shifting Technology'S Focus To Sustainable Economic Activity. Feel free to follow @hatu if you like it :)

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Transparency is risky on the sustainability project. (+ Free Stem) Your post seems like a good example to me, I'll get the post from you in the future. Thank you

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It actually mitigates the risk by ensuring capital is used properly.

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if you're interested in sustainability transparency and information that is legally protected under false advertisement law, check out @eco-locals.com

We need holistic reporting of embodied resource use and environmental stewardship. Our site is like etsy or kijiji but free and environmentally educational with maps and labels to demonstrate environmental stewardship.

We cover our unique rating system on steemit

We also cover why sustainable rating systems and marketplaces are critical.

Very excited to hear your feedback!

@hatu

Klimatas is creating a single platform that can enable the need for transparency on charity and humanitarian efforts.

this is the best result a project like Klimatas can achieve. It would put the focus back on to the deliverables and what an org. is trying to do rather than governance issues.

While reading parts of this I am reminded of the Clinton Foundation and its abuses. The future is bright for those who have the courage to embrace change and participate in it so that the result is prosperous.

Blockchain technology is really very helpful especially when there is talk about cherity blockchain can bring transparency in it. I have joined the discord server found it helpful.
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!tip 1

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Hii @hatu, I read your whole article, I found it something helpful for me, if you don't have any problem, I have a question regarding your this post.
My question is that what is Secret Sharing. Does it have any benefit in Blockchain technology?

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I guess you mean private sharing?
Blockchain allows native encryption and it's, therefore, possible to create DApps that allow access only with a key that can decrypt the message.

very nice info about free steem thanks for sharing. buy lisk coin

Sustainability of some projects need to be verify sometimes but if project is sustainable it must be supported and the best way is community builtup and teambuilding for the same.

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Thus, a large portion of the project's focus is on building strong partnerships.

Join the discord, resteemed and upvoted. Blockchain and projects like kilmatas are going to revolutionize and bring transparency and accountability to charity organizations that would encourage more people to engage and contribute. Thanks for sharing. Have a nice day.
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Good to see that you share the vision.
!tip 1

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Thanks for the gift, @hatu. Your 1 steem will be donated to @tamilcharitycoin in your name. It is our own self-sustaining charity initiative on steem blockchain that will be operated transparently. Have a nice day.

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As promised:
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Klimatas can be the project that becomes the benchmark or financial transactions specially in the NGO & CSR space.

The backbone of any NGO or CSR is trust. It is this trust that helps it in getting the much needed funding.
Convential financial practices are not transparent enough and there are cases when questions are raised both about the source of the funding or the way the funds are used.
Klimatas can provide a solution by imparting transparency and accountability to the whole system.

@crypto.talk are you good with direct messages? I have a project I'm working on (web/JavaScript) that I think would be awesome if partiko implemented a version of... basically web profiles with more information

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Hi! I came here to say "I love you Partiko" purple_heart This dapp makes everything easier and more fun. It runs perfect on my device. Thanks to the creators, developers and all the team behind it. purple_heart fhr

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Is there any guarantee that this project will works?

@hatu please mention me in your each post that you published on steem that I could be your very first upvoter. I am very thankfull to you

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Thank you for the support! :)

nice project & plans.

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Dear @hatu you have raised a very important issue in this post.
Indeed for any financial transaction, clarity and transparency is a must so that there is no possibility of any financial irregularity.
As this has become a big issue for the NGOs, CSR funds, or government-supported entities.

Thus Klimatas can provide a solution. Not only that it also opens the doors for common folks to become active in the process by setting up a masternode and become active participants in the process.

Hi! I believe @partiko is an essential part of the Steem experience! Sign up here: https://partiko.app/referral/mcoinz79

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Upvoted and reesteemed @hatu and also i am in the discord channel

To be honest, I'm surprised by the launches of the new platforms. There are many launches every day and every time better. About kalmatas is excellent since the people or organizations could have more confidence when making donations, because the destination of the funds is known and with that the number of people who join will be greater. Big Thumps up for Kalmatas
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!tip 1

Sustainability surely bring out result.It will give sharpness education,charity field.Upvoted and followed.Screenshot_20190210-222745_Discord.jpg

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Bitcoin is being "regulated" from the outside of the protocol. This is demonstrated by the exchange houses when they close the accounts to their users who relate to criminal or illegal activities (such as casinos) and the recent announcements of companies such as Shapeshift and Changelly to request identification data from their customers, a Absurd in the case of exchanges between Criptomonedas that do not require (but will require) accounts. However, this form of "regulation", apart from a little transparentOdebrecht-Blockchain-Transparencia-Corrupción.jpg

Let's remember that Bitcoin technology eliminates counterfeiting, so all currencies on the network are legitimate; Also that the bitcoins maintain the history of all the owners who have had. When you receive Bitcoins, you also receive the history of them: from whom you undermined, to who is the last owner to date. If any of those "hands" (addresses) for what happened earlier is dirty, the current coin holder is automatically dirty. Innocent or not.So how do we keep clean, if money flows freely in the net?

so do you suggest on master node earning as well on your project ?resteem!

Hi @hatu
Transparency of funds is always important, when there is money involved. Very good for the team of Klimatas, so those in charge of carrying out these charities, will have the confidence that is fulfilled with the purpose for which it is being donated.
Reesteemed and upvoted
klimatas.jpg

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Interesting blog worth voting and restreem ... "state your view on sustainability or say something meaningful about it."
Unfortunately, in this topic my opinion is not very valuable I do not know it and I will not speak ... everything good from @aple

Really interesting. I'm going to look more into this! Keep up the great content!

Positively disrupting the Good

Klimatas is at the heart of it. We needed a project like this. Keep up the good work @hatu and Klimatas https://klimatas.com/

Hello,@Hatu! I'm really support this project and Netherlands entrepreneurs with the idea that they want to build solar fields. They can't power large cities at once, but them will sell the energy it generates back to energy corporations. And as many more of those solar fields get build, more and more of the energy will be green.
Joined in discord group and I'm waiting more news from this brilliant world changing project! :)
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It certainly is a leap in the right direction.
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Revolution is coming in Crypto...........Thats a gud for crypto lovers

A very good option, the good thing about the blockchain is that everything is registered. As well as a good platform to show the funders that the assigned is going to the different foundations for which it was assigned. Thanks for giving good information dear @hatu

Here the proof that I joined the discord group

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You are right about that.
Also, for the STEEM, please note that you need to state in the Discord "state your view on sustainability or say something meaningful about it."

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I am glad that klimatas is working for Sustainable development goal. Actually we are ignoring the concept of concept of sustainable development and putting too much pressure on Earth resources. If we still do not work on this goal then future generation definitely need to pay the price for it.

I joined the discord also so that I can remain updated.
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!tip 1

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Interesting idea @hatu there are so many headlines about how crypto is being used for criminal activity and none about how it can be used for good.
Im not so sure that many of the big charities would embrace this technology, purely because many spend more money on running the charity than actually makes it to is intended destination.
So lets hope it gets some good press and people start to understand the blockchain and its value in everday use,
And maybe we can start to have confidence again, that when we donate it will actually help 😎

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You are so right on this.
Many have an interest in keeping things not transparent. Thus, it would be good if the people act to lead the shift towards transparency.


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@hatu Thank you for the information specially about Klimatas.
Blockchain technology will change the world and it will bring the world to next level just like Internet transformation in last two decades. But here in Internet there is lack of trust where in blockchain trust is the main key.
Indian finance minister consider blockchain as good but crypto currency as evil and few other country also have same opinion. However in country like India it will bring evolution. Like using blockchain in Indian agriculture system where too many small size of land holding by poor farmers can come together and form a chunk size and very few agricultural machines can be applied for farming. It reduce energy, cost, save time, collect data of all small lands, data transparency and more obvious transparency in capital flow. 17%of Indian GDP comes from farming sector so it would be beneficial for economy too. And more important is distress condition of farmers due to burden of lenders or big farmers to return their money with interest may lead to increase in farmer suicide so blockchain may help farmers too.

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Thank you for such a specific use case.

3D printing is, together with BlockChain, one of the most innovative technologies of the future. Klimatas will use both technologies and will represent one of the most innovative companies in the renewable energy sector and beyond. 3D printing will be used for the creation of countless products, in all sectors (from medicine to engineering, from construction to agriculture). Investing in Klimatas today means investing in the technology of the future

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Yes, these are some of the most important technologies of the future.

charity should not be always connected with transparency, but blockchain shall add new value to each part of our lives, humanitarians includedklimatas.jpg

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Transparency is important on the funds provided to both for-profit and non-profit sustainability projects as it mandates the project leads handle funds properly.

Also, for the STEEM, please note that you need to state in the Discord "state your view on sustainability or say something meaningful about it."

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Currently at the time of drifting.
Many people say that this year will be clear/bright.
But I don’t think it will be clear until 2012.
No matter how good the advanced technology is, it could no PK to win weather.

Hello dear @hatu.

When I read "Transparency in the management of public issues" I had my doubts. Since that is where the highest rate of corruption in the world is.
But when I knew that this was going to be supported by the benefits of the blockchain technology, then I understood everything.

Congratulations to Klimatas for being so resourceful.

Yours, Juan.

My discord capture:

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Regards @hatu.
It would be great to apply this platform in Venezuela since there are NGOs that are receiving donations and the government discredits them by saying that it is a product of corruption.

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@hatu When it comes to giving money to a charity or to a business the question of trust always comes to the fore. Currently lack of financial transparency is the biggest hurdle in establishing the credibility of an organisation.
What Klimatas is aiming to do would change the way financial transactions work. It would impart a great deal of transparency and re enforce trust for sure.

very good

Hello @hatu I have read this post and find two of the most important achievements of the Klimatas project would be imparting transparency to the operational financial handling of NGO's and involving the common people to participate by way of a masternode. Indeed a very credible project

Hi @hatu
Where there is money there is power and with power comes abuse if there is no transparency and accountability in the system. This is so prevalent in the case of cash rich NGO's and CSR Funds
Klimatas could certainly help in imparting transparency to the system.

@hatu
The entry of Klimatas to give transparency to the financial transactions of NGO's grants them a new level of credibility. This project has a bright future for sure.

@hatu it is said that sharing is caring and that is what inspire people to share their hard earned wealth with others. NGO's and CSR initiatives are the medium to channelize these efforts.
Lack of transparency in financial handling can and has been the cause to raise questions. klimatas sure does a lot of hope and is a promising project in this field for sure.

Hello @hatu you have presented a Klimatas as a real solution to a very big problem facing NGO's of the present time.
I agree with you. This comes across as a very credible project.
I support this concept totally

Hello @hatu
Klimatas can inject a new lease of life and cure what ails the NGO sector.

Hola¡ @hatu
Es una iniciativa estupenda la creación de klimatas, ya que garantizara que los recursos donados en gran escala lleguen a donde de verdad se necesitan, evitando así la malversación desvio de fondos que suele suceder en estos casos. Ademas una muy buena idea trabajar con su propia cryptomoneda.
Visite https://klimatas.com/ y me llamo mucho la atencion esta plataforma.
Buena información, espero leer mas pronto. Saludos...

Hey ! @hatu The Blockchain technology is indeed very disruptive.
So surely what Klimatas is doing and achieving is disruptive in a positive way.
The industry need this king of positive infusion in a big way. '
The way things stand Klimatas can be a game changer when it comes to fund handling.

For non-profit private organizations or charities the money that gets to them through various channels is the lifeline of their funding.
Yet if there is lack of transaction transparency it leads to questions being raised about the credibility of these organizations.
Klimatas aims to add credibility to all transactions by way of creating a transparent structure and this would be good for the industry.

Klimatas acts as the platform on which funds are gathered and withdrawn. The flow of capital, however, can be hashed and thus tracked. This ensures both for-profit start-ups and non-profit organizations, that receive funds through the platform, are utilizing the capital for what it was intended.

This can become the platform that could infuse a fresh lease of energy for all the legit NGO's and become a death knell for the cheaters.
A good concept that should go a long way.