Friday
October 11
2019

Report: 93% of Execs Say Blockchain Helps Achieve Social Impact Goals

By Miranda Wood

The Stanford Graduate School of Business has published its 2019 report on blockchain for social impact. Executives of 110 organizations in sustainability, identity, financial inclusion, governance, agriculture, and health were asked how they used blockchain. An overwhelming 93.5% of them said the technology added value towards their social impact goals.

The report follows on from last year’s research in the same area. Both projects were led by Doug Galen, a lecturer at Stanford and co-founder of RippleWorks. He and the other researchers aimed to discover where blockchain can be used most effectively to improve society.

Ken Weber, Ripple’s head of social impact, said: “While still early in its development, blockchain is an undeniably promising new technology with far reaching consequences across a wide variety of sectors and use cases.”

Photo courtesy of Christian Ditaputratama.

Source: Ledger Insights (link opens in a new window)

Categories
Technology
Tags
blockchain, business, financial inclusion, research, social impact, tech for good