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Social Impact Bonds, "Pay For Success," Results-Based Contracting, and Blockchain Digital Identity Systems
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Social Impact Bonds (SIBs) are a private financing mechanism used to fund social programs. Also termed 'Pay For Success,' and 'Outcomes Based' or 'Performance Based' financing, these partnerships involve private entities funding projects aimed at improving social outcomes. If by the end of the project period, 'success' metrics are met (according to third-party evaluators), investors then profit by being paid interest on top of the reimbursed government funds for the cost of the project. This page includes a collection of updates and critical perspectives on these profit structures and on Blockchain Identity systems, de-centralized online ledger programs, poised to be the data backbone that would provide 'proof' of 'program impact' for investors. For files related to Blockchain, see: http://bit.ly/Blockchain_Files. [Note: Views presented on this page are re-shared from external websites and may not necessarily represent the views nor official position of the curator nor employer of the curator.]
Curated by
Roxana Marachi, PhD
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"What is Ocean Protocol? Ocean helps to unlock data, particularly for AI. It is designed for scale and uses blockchain technology that allows data to be shared and sold in a safe, secure and transparent manner.
How Ocean Protocol Works The Ocean Protocol is an ecosystem composed of data assets and services, where assets are represented by data and algorithms, and services are represented by integration, processing and persistence mechanisms. Ocean Protocol facilitates discovery by storing and promoting metadata, linking assets and services, and provides a licensing framework that has toolsets for pricing."...
For original page, see https://oceanprotocol.com/ 
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From WrenchInTheGears.com "I’ve been doing a lot of research on social impact investing and digital identity recently and found the above image this morning. To say I’m still reeling from its implications would be an understatement. This venture capital firm, PTB Ventures (Project Trillion Billion) is one of the funders of the MIT spin-off, Learning Machine, which has begun issuing education credentials on the Blockchain (see the Learning is Earning video) through a partnership with Southern New Hampshire University.
Paul LeBlanc, President of SNHU, is an advisor to the education division of the public-private partnership merchant banking firm Ridge Lane, LLP.
My friend Linda, who teaches music in Spokane, shared the insight below, which very much cuts to the chase. I’m grateful she’s allowing me to post it here to share with you. I will be writing more later, so consider this a teaser.
“I hope your DNA, RNA, and basic building blocks of protein, show you have grit and are conscientious. I hope you are measured and ranked and sorted and catalogued by tech companies, and big business, planning to turn individual humans and entire human social networks (called social capital) into a trillion dollar profit market –using the tools of data mining and the big 5 personality identification markers (used by Cambridge Analytica, to sway the election to Trump, but oh well) such that your shelf life is not SHELVED.
I hope the fusion of tech, with the surveillance state doesn’t ever ruin your day. I hope that as technology takes over jobs, and we face the very real possibility of an un-job world, that your value to the corporation, having been reduced to what your online data portals are worth in the new *impact markets*, that REQUIRE ***extensive measurement of humans***, (see Campbell’s law for the corruption that is inevitable) measuring things that can’t even properly be measured, are such that you are considered valuable by the algorithms that define you."... For full post, see:
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From
amply
"Project Amply strives to revolutionize early childhood development in Africa. Combining mobile and blockchain technology to increase impact and accountability of public services and generate real-time data."
Our Mission
In our pilot project, Amply is being used to replace an existing paper-based system to register children for a government funded pre-school subsidy in South Africa. Service providers use a mobile app to verify children’s attendance at classes and to capture other useful information. This will increase trust in the funding mechanism and make funding available to more children who need it. It will save administration time and costs. And it will provide really useful information about how and where services are being delivered.
Amply is unique in that it places each individual child at the centre of their relationships with Early Childhood Development services in a way that is ‘self-sovereign’ and directly beneficial to them. This means that a child’s digital identity and personal data are privately owned and controlled by the individual (with some help from their guardians). Over time, their life records become a rich source of data and value that can be used to receive services and insights that will become more predictive, precise, personalised, preventive, and participatory."... For main page, see:
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"The ixo Foundation is filling a vital need in the realm of sustainable development and social impact projects around the world by providing a blockchain-based protocol that allows for the evaluation and measurement of social impact while requiring accountability and transparency from service providers. Backed by UNICEF, ixo is in the midst of a pilot project in South Africa that is digitizing and providing proof of preschool attendance records, which is allowing the preschool to receive subsidies from the Western Cape Government. As it stands, evaluation costs eat up 5-7% of a project’s budget. In addition, the data that results are often inaccurate, untrustworthy or simply presented in an unusable format. The ixo Foundation is changing all of this. But that’s not all: the ixo protocol allows for private investors to receive a return on capital if pre-agreed outcomes are met for a project. “Once you have the data of where the money is going… you can turn that into its own kind of crypto asset that these projects can trade…and that’s where we think crypto and blockchain can contribute a lot towards opening up capital markets for social finance,” says Wang."
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