not approved

Transparancy in Campaign Financing

$1,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Solution

I have no solution at this time, as my current understaning of crypto-technology and block-chain technology limits my ability to provide one

Problem:

"Dark Money" in political campaigns throughout the entire world runs in exact opposition to the entire ethos of Decentralization.

Yes Votes:
₳ 19,516,003
No Votes:
₳ 18,317,445
Votes Cast:
98

[IMPACT]

My understanding of blockchain technology, within my accounting-trained brain, is that it has the ability to be a fully public, fully auditable, fully decentralized general ledger transaction list for whatever is under it's purview. In my mind, conceptually, the Bitcoin to Eithereum communication issues are similar to me trying to compare two different sets of financial statements that are in two different currency types and I don't know the exchange rate.

The only feature/focus this solution should have is to answer the simple question of: "who is funding candidate X in country Y's run for Z" I am being purposefully vague with intent, as I believe this solution, if done properly, can be applied to every nation-state that currently exists, as well as future nation-states yet to arise.

The audience is humanity, the impact is transparency.

I'm leaving this one to the experts, which are all you wonderful men and women!

Human Nature - Good luck

Corruption in Politics - Good luck

Personal Egos, Broken Promises and Wounded Prides - Looking at you, SundaeSwap (kidding, but am I…?)

We got this

[FEASIBILITY]

I will clearly need assistance from someone with more project managment experience than I do, I feel like I keep answering "I don't know!" for some of these questions.

Zero budget. Zero profits. All charitable donations (see below).

I am not in this for money. I am not in this for prestige. Mainly, I'm in this for the curiousity, the boredom I'm feeling, and the lolz. So, ideally, people willing to donate their incredibly valuable time to this half-baked idea should approach it the way I am. I see so many incredible ideas on this website and I'm envious that I don't have the aptitude for it that you all seem to. But if this particular proposal scratches your itch, then let's brainstorm!

The end goal of this project is to demonstrate the awesome potential of this technology by taking any remaining campaign funds that are raised by a theoretical political party with a set expiration date of November 6th, 2024, and donating the funds to an established charitable organization, or entity in need. My idealistic nature wants to use the current situation in Ukraine as an example, but in the interest of academia and an apolitical outlook for this project

My knowledge base on implementing projects of this scope is even smaller than my knowledge base on crypto! When NetSuite shows me a simple arrow flowchart, I go "yeah but where are the numbers?"

All jokes aside, I'm asking for any/all guidance for this, have no idea how to answer this prompt.

[AUDITABILITY]

Another "I defer to the project management experts" answer here

The ability for an established political organization to utilize modern technology in an effort to provide transparency and auditability to the populace they wish to lead

This proposal is an original idea, as far as I am aware. If any prior proposals of this nature have been made, I am currently unaware of them, and will happily drop this proposal entirely to support their own, assuming any progress has been made on it.

If I am violating community guidelines I am unaware of by making a proposal of this nature, please let me know and I will remove the proposal!

SDG Rating

Not sure if I am doing this right, apologies if I'm not!

SDG goals:

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

Goal 10. Reduce inequality within and among countries

Goal 11. Make cities and human settlements inclusive, safe, resilient and sustainable

Goal 12. Ensure sustainable consumption and production patterns

Goal 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

Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development

SDG subgoals:

16.10 Ensure public access to information and protect fundamental freedoms, in accordance with national legislation and international agreements

16.3 Promote the rule of law at the national and international levels and ensure equal access to justice for all

16.4 By 2030, significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime

16.5 Substantially reduce corruption and bribery in all their forms

16.6 Develop effective, accountable and transparent institutions at all levels

16.7 Ensure responsive, inclusive, participatory and representative decision-making at all levels

16.8 Broaden and strengthen the participation of developing countries in the institutions of global governance

16.9 By 2030, provide legal identity for all, including birth registration

16.b Promote and enforce non-discriminatory laws and policies for sustainable development

Key Performance Indicator (KPI):

16.4.1 Total value of inward and outward illicit financial flows (in current United States dollars)

16.5.1 Proportion of persons who had at least one contact with a public official and who paid a bribe to a public official, or were asked for a bribe by those public officials, during the previous 12 months

16.5.2 Proportion of businesses that had at least one contact with a public official and that paid a bribe to a public official, or were asked for a bribe by those public officials during the previous 12 months

16.6.2 Proportion of population satisfied with their last experience of public services

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