Cooperative dApp
current project status
Current Project Status
unfunded
Total
amount
Received
$0
Total
amount
Requested
$300000
Total
Percentage
Received
0%
$ Received out of $300000
Solution
We are looking to develop a payment dApp for cooperatives & NGO's in Africa, with a transparent payment system where transactions only goes trough when accepted by other members in the cooperative.
Problem
Cooperatives and NGO's in Africa have for decades suffered from corruption and financial injustice. Only 1% of members receive the majority of the money. There is a lack of transparency and trust.
Impact alignment
Feasibility
Value for money

Team

[IMPACT] Please describe your proposed solution.

Our cooperative dApp will help prohibit corruption and make it possible for cooperative members to have a fair payment system, where all members have a saying and are able to agree on financial decision making.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

Before transactions go trough they will be frozen until members of the cooperative have agreed and accepted the transaction. The dApp will serve as a tool for this and works as a transparent ledger.This ensures all members have to agree and receives a fair share of the value as upon agreement.

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

The risk is corruption within the cooperative and we will avoid this using smart contracts and a third party payment system where members get a notice in the dApp that they sign to accept the transaction as agreed on.

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

1; Get members onboard - one cooperative in Uganda or Ethiopia will be used as pilot project.

2; Develop dApp for their needs

3; Adjust trough trial and error

4; Scale to other Cooperatives and NGO's together with more institutions.

[FEASIBILITY] Please provide a detailed budget breakdown.

200 000 dApp development

100 000 salaries and travel

[FEASIBILITY] Please provide details of the people who will work on the project.

Karl Erik Johansson - Project Coordinator

Sandra Larsson - Business development

Billy Wideling - Developer

Sara Taxen - Economy

Thomas - Lawyer and landowner in Uganda, Tanzania

Universities in Uganda

Cooperatives in Uganda

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

Yes if successful and in need for further grants we are open for the option to apply again.

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

Progress will be measured in success in solving the problem of corruption and increased financial justice within cooperatives and NGO's. Members of the organisation will be payed a higher salary and be able to increase their livelihoods, increasing resilience amongst the African population.

[AUDITABILITY] What does success for this project look like?

Success is finding a payment system that is transparent and fair, supporting entrepreneurship and increasing livelihoods.

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

New

Sustainable Development Goals (SDG) Rating

SDG SUMMARY

Review your Selection!

- You can find below the summary of the Goals and Metrics you've selected. You may copy-paste into IdeaScale for further edition.

- We also recommend adding your specific Key Performance Indicator (KPI) for each measurement to increase the audibility of the proposal.

SDG Goals

1 - End poverty in all its forms everywhere

9 - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

11 - Make cities and human settlements inclusive, safe, resilient and sustainable

16 - Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

SDG Subgoals

1.2 - By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions

1.5 - By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters

1.b - Create sound policy frameworks at the national, regional and international levels, based on pro-poor and gender-sensitive development strategies, to support accelerated investment in poverty eradication actions

9.1 - Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all

Key Performance Indicator (KPI)

1.2.1 - Proportion of population living below the national poverty line, by sex and age

1.2.2 - Proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions

1.5.1 - Number of deaths, missing persons and directly affected persons attributed to disasters per 100,000 population

1.5.2 - Direct economic loss attributed to disasters in relation to global gross domestic product (GDP)

1.b.1 - Pro-poor public social spending

9.1.1 - Proportion of the rural population who live within 2 km of an all-season road

Universal Human Rights Index (UHRI)

Community Reviews (1)

Comments

close

Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    3m 24s
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

    4m 3s
    Darlington Kofa
  • EP3: key_deposit

    Authored by: Darlington Kofa

    3m 48s
    Darlington Kofa
  • EP4: epoch_no

    Authored by: Darlington Kofa

    2m 16s
    Darlington Kofa
  • EP5: max_block_size

    Authored by: Darlington Kofa

    3m 14s
    Darlington Kofa
  • EP6: pool_deposit

    Authored by: Darlington Kofa

    3m 19s
    Darlington Kofa
  • EP7: max_tx_size

    Authored by: Darlington Kofa

    4m 59s
    Darlington Kofa
0:00
/
~0:00