Research Highlight - Fishcoin: Early Lessons in Tokenizing Social Impact
Today, we are excited to highlight exciting research conducted by Emergence looking at lessons in tokenizing social impact. The full article can be read on Medium HERE.
Fishcoin: Early Lessons in Tokenizing Social Impact
Michael Cooper
Emergence
The real value in these posts comes from the collaboration and feedback received from those working to bring blockchain technology into the social impact. This post is the result of a collaboration between Emergence, Fishcoin and others looking to advance token usage in an evidence driven manner. These actors were selected because they represent the skill sets and functionalities required to effectively and ethically use tokens for social impact. The purpose in bringing these actors together is to begin building the communities of interest and practice that can start to build the protocols and tools needed to inform the pathway to proof of concepts and beyond.
The next two posts in this series use Fishcoin, an innovation in supply chain management through the use of its Trace Protocol, to demonstrate the need for various fields of practice within the social impact and token design sectors to jointly develop the initial protocols enabling tokens to be used at scale for social impact. Fishcoin is a highly scalable, open source platform that facilitates data sharing in a decentralized supply chain network managed via a blockchain and governed by a token. As such it offers unique learning on what these initial protocols could be and how to develop/use them. Additionally, it offers a problem-solving approach as the optimal method for designing and managing tokenized social impact interventions.
If you are not familiar with blockchain and tokens it is recommended to read here to become familiar with the concepts so the rest of the post is more understandable.
