We consider ourselves the first evidence-based impact management infrastructure. The design and structure of the SmartB network enable the creation, management, and exchange of such evidence to add resilience and trust to a nascent 100 trillion impact market.
SmartB is a game-changer for development projects and impact targeted subsidies as the network allows for defining auditable success targets and resource allocation. By adding measurable and traceable evidence to action, hereby we can add rigor and put a value on previously untraceable social and environmental goods and behaviors.
SmartB is triggering this fundamental shift by connecting field data with top-down frameworks — such as the UN development goals, ESG, REDD+ in a traceable and transparent way, to turn project tracking and evaluation into an efficient and secure process. Adding transparency and immutability to the subvention and impact market is the only way to enable a level-playing field for environmental, social, and human impact. The resulting data-based impact evidence is verified through protocols and secured in a decentralized network for multi-stakeholder audibility and accountability.
SmartB allows any evidence of process, evidence of behavior, and/or evidence of existence to be traced to its point of origin. The network may be accessed securely from any mobile device which empowers stakeholders and allows for fluidity and efficiency.
Automation, audibility, and immutability are secured by an industry-grade blockchain framework (Hyperledger®). Both the costs of measurements and audits are consequently kept minimal so that resources allocated to the projects themselves can be maximized.
SmartB is indeed helping impact investors, NGOs, Development banks, and Governments to deploy the impact-driven economy at scale. Only a global consensus on value and auditability will attract private capital to join forces so that we can reach — and we must — the UN sustainability goals.
Are you looking to add evidence and trust to your impact projects? contact us at impact@smartb.city.
