Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 6 June 2018, 15:27 HKT/SGT
Share:
    

Source: iO2 Foundation
iO2 and ixo sign strategic partnership to revolutionise social finance infrastructure
The integration of technologies will unlock impact data from grassroots communities

HONG KONG, June 6, 2018 - (ACN Newswire) - iO2 Foundation ("iO2") has signed a Memorandum of Understanding (MoU) with the ixo Foundation ("ixo"), to create a strategic partnership. The collaboration includes the integration of technologies and business model strategies, to enhance data collection for impact investment on blockchain, ultimately revolutionising the social finance infrastructure.

Dr. Tat Lam, Co-Founder and Chief Social Scientist at iO2, says: "The iO2 team has spent the last three years developing AI for data collection and impact measurement in grassroots communities, with the aim of closing the last-mile gap collecting high quality and trusted data in developing regions. We are very glad to be part of the efforts to support the ixo community's global impact investment projects on the blockchain, aspiring to revolutionise the social finance infrastructure and realise the UN's 2030 Sustainable Development Goals (SDG)."

ixo is the new operating system for the Impact Economy, using blockchain and W3C decentralised web standards, to enable anyone to collect, measure, evaluate, value, and tokenize verified impact data. By partnering with the iO2 Foundation, data collected from projects and beneficiaries will become cleaner, higher-quality, and faster-velocity at scale, thus enabling much easier, cheaper, immediate and more reliable impact measurement.

Dr. Lam, who has personally worked in over 200 rural villages in mainland China to pilot technology application in social development, continues: "ixo is the pioneering technology for developing impact financing mechanisms on the blockchain; the ixo Foundation steers significant impact investment projects around the world. We are delighted to establish this strategic partnership, on shared passion to develop blockchain solutions to allow impact investors in the ixo Community to verify data for capital deployment and accelerate the pace to unlock impact investment opportunities for global sustainable goals."

Dr. Shaun Conway, President of the ixo Foundation Council said, "We are excited about bringing together the capabilities of ixo and iO2, to make these technologies and tools meaningful to people."

On June 7 2018, Dr. Tat Lam will be participating in the Smart Impact Bonds Hackathon in Switzerland, co-sponsored by The UBS Optimus Foundation & ixo Foundation, to generate three to five technical white papers on smart contract-based social finance innovation, that will help set the path towards the future of impact financing.

About iO2
iO2, or Impact Oxygen, is a Hong Kong-based Decentralized Autonomous Organization for crowd-enabled impact investment and social finance structuring on the blockchain, underpinned by iO2 Token that incentivises grassroots communities to provide trusted data for impact measurement and accountability. Since 2015, the iO2 team has successfully developed and executed over a dozen social impact projects in China via its service platform "Shanzhai City" (shanzhaicity.com) and AI platform "Impact Learning" (impactlearning.io), and now are engaging blockchain-based projects in Myanmar, Laos, Thailand and Brazil working solving issues ranging from refugee aid to reducing infant mortality.

For more information, please visit www.iO2.foundation and join the iO2 Telegram group at http://t.me/io2_impact_oxygen.

About ixo Foundation
The ixo Foundation is a non-profit open-source software development foundation building the ixo Blockchain for Impact. The world is starting to realize how important it is to really count what matters, for people and the planet. With ixo, all measurable changes that have an impact can now be transformed into Verified Impact Data with crypto-economic Proof of Impact, which enables anyone to value what counts for sustainable social, environmental and economic development. Trusted Impact data grows investments into impacts and optimizes the results, assisted by machine learning and intelligent oracles. The ixo protocol generates Impact Tokens that are traded through decentralised impact exchanges. These valuable digital assets will create new marketplaces for the Impact Economy. With ixo, everyone has the power to deliver, evaluate or invest in Impact. Together we can create the world we want and achieve the Global Goals for Sustainable Development by the year 2030.

Join the ixo Telegram group (https://t.me/ixonetwork) to share your thoughts & have your questions answered.

Find iO2 Foundation on:
Website: www.iO2.foundation
Telegram: t.me/io2_impact_oxygen
Medium: medium.com/@Io2.foundation
Twitter: twitter.com/impact_oxygen

Find ixo Foundation on:
Website: ixo.foundation
Telegram: https://t.me/ixonetwork
Twitter: @ixo_impact

For investment community, please contact:

Howie Chan
Head of Growth
Tel: +852 6693 3379
Email: [email protected]

For media enquiries, please contact:

New Smile Strategic IR & PR Consultancy
Kristy Tsang
Tel: +852 9107 6485
Email: [email protected]



June 6, 2018 15:27 HKT/SGT
Topic: Press release summary
Sectors: Enterprise IT, Daily News, FinTech/Chains
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
Ethfinex and Blockpass Collaboration Brings Simplicity to Compliance and ICO Investment  
Oct 17, 2018 17:00 HKT/SGT
TOYOTA GAZOO Racing Confirms WRC Driver Line-Up for 2019  
Oct 17, 2018 16:14 HKT/SGT
NEC Collaborates with Arm to Develop Secure IoT Solutions for Smart Cities Using AI  
Oct 17, 2018 15:35 HKT/SGT
Fujitsu, Personetics and Blue Lab in Joint Proof of Concept Trial for AI-Powered Personalized Banking Service  
Oct 17, 2018 15:06 HKT/SGT
AppsFlyer Surpasses $100 Million in Annual Recurring Revenue  
Oct 17, 2018 14:00 HKT/SGT
Eisai and Purdue Pharma Announce Positive Topline Results of SUNRISE 2, the Second Phase 3 Pivotal Study of Lemborexant  
Oct 17, 2018 08:51 HKT/SGT
HKTDC Hong Kong Electronics Fair & electronicAsia Attract Nearly 87,000 Buyers  
Oct 16, 2018 20:00 HKT/SGT
Green Leader Holdings Group Announces Clarification of Inaccurate Articles Reserves All Its Rights to Pursue   
Oct 16, 2018 19:03 HKT/SGT
Lubrizol Introduces Carboset CR-3100 Acrylic Copolymer Emulsion for Low VOC Direct-To-Metal Coatings  
Oct 16, 2018 18:30 HKT/SGT
Eisai Signs Collaboration Agreement for Anti-Obesity Agent Lorcaserin in Latin America With Eurofarma  
Oct 16, 2018 17:38 HKT/SGT
More Press release >>
 News Alerts
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: