The rise of Smart Cities has been slow to scale due to some reoccurring issues such as, lack of governance inclusion, climate change impact and a funding shortfall due to several reasons. One of the main problem within the smart city movement has been the privacy of citizens data, the real added value for improved living standards and the technological ability to connect IOT data.
SmartB has been developed as a response to these issues, by enabling citizens impactful contributions. In order to enable citizens and ensure the privacy and ownership of their data, we operate on a trusted blockchain network. This network is specifically designed to allow the shift towards an impact-driven economy, an economy based on a multi-dimensional capital value framework. Citizens are encouraged to participate and create their own sustainable solutions for cities, we incentivise positive actions through the connection of impact projects with impact finance.
Background
In 2018 SmartB has grown out of the citizens association Civis Blockchain, as a citizens response to protect their privacy and data ownership regarding Smart City developments.
Developments that are operated by private companies and sponsored by local authorities, often, without the considerations and managed expectations of the citizens. This lead to a lack of citizen support and synergy, as the projects are in coherence with the needs of citizens in order to improve their living conditions. Leading to public funds spent to support digital actors financially which are often centralised outside of the territory.
The initial proposal for a solution of this association has been set out in the Civis Blockchain White paper, with the main proposal being: The creation of a decentralised territorial blockchain network, with a local and autonomous governance supported by a global cooperative society as the chain of responsibility and accountability.
SmartB is the implementation of this concept, where next to financial, the social, human and environmental impact value have been integrated as central measurements of success.
By equitably valuing capital we can create digital assets out of the impact classes, through the valuation of these assets we enable the creation of what we like to call The Impact-Driven Economy.
FAQ
Why do we exist?
- Helping to bridge the SDG funding gap to reach the 2030 SDGs
- Enabling the impact-driven economy through the mobilisation and scaling of impact businesses and impact investing
- enabling smart and sustainable cities
A solution to sustainable economy transition powered by the impactful citizens.
What differentiates us?
We operate a trusted network that create the impact-driven economy
We mobilise impact funding on a trust-based blockchain network that enables the impact-driven economy
What problem do we solve?
Enabling smart and sustainable projects by eradicating issues such as; inclusion, climate change and funding shortfall
What do we offer ?
We operate a trusted network and develop opensource tools to enable the impact driven economy
We provide services to help you to implement projects which positive impact change the world
Why should people care?
We create create a new kind of economy that incentivises projects with a sustainable impact