Inclusive Tokenized Economy：Blockchain for Impact Measurement, Social Finance and Social Development Shanzhai City Shanzhai City Follow Jan 4, 2019 · 8 min read The China Development Research Foundation (CDRF), a policy think tank initiated by the Development Research Center of the State Council aims to advance good governance and public policy to promote economic development and social progress in China, recognized that measuring the impact of its Early Childhood Development Home Visiting Program played a key role on whether it would be relevant to scale the program across China. However, gathering quality data from the frontlines posed a big challenge to move the program forward. To address this issue, we have developed DAPP for Social Development (DAPP)- a mobile device-enabled field kit based on blockchain technology. DAPP for Social Development is a special class of Decentralized Applications designed specifically to collect, create, measure, validate, and manage social development and social impact data needed to execute P4S smart contracts. Game theory-driven incentivizes beneficiaries to increase participation in accurate data generation and social program engagement. It enables the CDRF to identify and empower home visitors to be the IA to collect lean data for reporting. All home visitors, parents and guardians are able to use their own DAPP to cross validate early childhood development outcomes after every home visit. Digital vouchers are rewarded after they use the DAPP. The cross validation and incentive mechanisms not only cut down layers of supervision, but also allowed for outcomes and impact generated to be evaluated in a centralized database. All online activities are stored on a blockchain database. Parents of children with Decentralized Identification (DID) can access children’s personal data while ensuring data privacy and data ownership. In addition to the tremendous improvements in data accuracy and engagement, the program has also led more mothers to apply to be home visitors and increased their household income.
| Types | Organization |
| Start date | 2019 |