Web Summit is a conference run in Lisbon about the future of the planet, technology,and business at large. I’m attending it remotely as best I can. The first day isn’t even done and there are two nifty good things already worth sharing:
The ‘Digital with Purpose’ Movement is open to all. Member organisations are required to make a public pledge to the four universal commitments of the movement: To contribute to the development of the framework, to take part in an open framework evaluation process and to collaborate with others to develop and realise their ambitions to maximise their positive impact on achieving the Paris Agreement and SDGs.
Powered by Parity Substrate blockchain engine, Smart Sustainable Bond Protocol is an open-source software which allows participants to issue and monitor innovative sustainability-linked bonds with adjustable floating impact-linked coupon rate. The main idea of the project is to increase accuracy of impact monitoring and reporting eliminating the risk of greenwashing, as well as to enable fair and transparent impact allocation between different stakeholders engaged in sustainability-related projects. The main operations performed are confirmed by blockchain digital signatures and can be traced publicly. The platform stablecoin EVERUSD can only be used in the operations with bonds, which eliminates the risks of money laundering.