Blockchain for Humanity
ZHF will be utilizing blockchain for monitoring food safety so that we can pinpoint the source quickly in the event of a food safety outbreak. This could save time, money and lives. Traceability is achievable through the use of blockchain technology to establish where the food came from, but also when it was harvested and processed as well as tracing the logistics. ZHF will be able to reduce transaction costs while opening new markets through blockchains ability to promote fare share, transparency and accountability without the need to evaluate each person individually on their trustworthiness and ability to execute.
Blockchain technology will enable us to track, monitor and quantify where funds are being directed for each respective project within ZHF. We are now able to closely monitor the change that is being created through the work carried out by the ZHF family. Investors are now able to monitor where and what their capital is being allocated towards and what the outcome was, in terms of yield vs projected outcome.
Most importantly ZHF will be implementing blockchain technology to monitor the amount of employment being created through each action of ZHF, with regards to investment for expansion or for the implementation of new projects. We are now able to quantify and simplify the process of recruiting and training in accordance with work carried out and new projects, which are soon to commence.
It is ZHF’s primary focus to create infrastructure, which is geared towards industry and job creation. By arranging mutually advantageous projects which protect the people, the earth and the animals whilst promoting a tangible, organic and sustainable market place is all possible with the use of blockchain technology. ZHF’s low-cost housing plan is able to utilize blockchain to manage the housing registry of who is identified at living at which development. This will alleviate friction by creating upfront transparency.
- Aid donors and investors could, for example, trace their contributions/investments as they spread across an organization
- Blockchain is used to quantify progression and therefor job creation which will increase exponentially
- Blockchain can reduce transaction costs, fight corruption by making everything transparent and accounted for whilst enabling a better record of where aid/investment is directed.
- Blockchain technology could provide the opportunity to improve the efficiency and effectiveness of money transfer processes, funding allocation and data monitoring in real time.
- Blockchain will enable funding to become more efficient, effective and transparent, which drives accountability to both taxpayers and those affected by crisis.