Harnessing the Blockchain for Social Good Techstars APAC Summit, 24th June 2018

How did I get here?

  • 22 YO, Engineering Graduate
  • First Startup Weekend, met some amazing people
  • Positive energy from one person can create so much change! Inspired by #GiveFirst!

What does poverty look like in 2018?

  • World Population? 50% of it. (3 billion people)
  • 1 billion of these in extreme poverty (<1$ per day)
  • 60B$ needed anually to end extreme poverty (1/4 of top 100 billionaires incomes - Oxfam)

Why are they (mill, bill and us) not #GivingFirst?

  • Lack of transparency in non profits
  • Not content with the recognition
  • Lack of Vetted Options

How do we solve this?

Enter the Blockchain - AKA DIM-SUM!

  • D - Database
  • I - Immutable
  • M - Millions
  • S - Secure
  • U - Uneditable
  • M - Miners

Now simply apply DIM-SUM to Social Good!

  • Database - Everytime someone is helped, a transaction is added to the database - reputation.
  • Immutable - Claims CANNOT be changed at a future date; wrong claims - Reputation Deducted
  • Millions - of copies of this database are stored around the world, making it impossible to be hacked
  • Secure
  • Uneditable
  • Miners

Incentivizing users and corporations?

  • Cryptographic tokens - Reputation
  • NOT Tradeable/transferable
  • More Help - More Tokens - More Reputation
  • The super rich care about reputation - but currently reputation is decided by how much you are worth or how much money a company makes.

The Future!

  • Leaders - Not by Money but by Amount of Help
  • Corporates, HNIs, Governments COMPETE to help people
  • Shift focus from making money to helping people - Blockchain can revolutionize social impact!


Created with images by billycm - "poor slums india" • stark8 - "xiamen slum dwellers street photography sha po" • Nipapun - "dim sum har gow chinese food dim" • StartupStockPhotos - "children win success video game play happy" • rawpixel - "untitled image" • Bess-Hamiti - "tree sunset amazing"

Report Abuse

If you feel that this video content violates the Adobe Terms of Use, you may report this content by filling out this quick form.

To report a Copyright Violation, please follow Section 17 in the Terms of Use.