How can we implement specific projects to rebuild trust, promote common interest and solve a difficult real-world problem?
This is the total amount allocated to Tackle & solve impossible problems.
Blockchain technology is often dismissed as a solution in search of a problem.
The existing know-how, blockchain development and research is successfully utilized to resolve a previously unsolvable problem
Success cannot be achieved if new approaches are not tried and collective intelligence and good will is not harnessed.
Old problems cannot be solved if new solutions are not proposed.
The idea of this challenge is to create alternative solutions and approaches to intractable, difficult problems.
The solutions do have to be implemented (depends on the context and willingness of parties) - however the solutions will offer a clear and win-win approach to resolving such problems and such proposals will represent a all-in-a-box solution for global problems - utilizing Cardano as a catalyst to solve them.
Metrics for proposed solutions (which must utilize Cardano and blockchain as a platform for providing a missing integral component of the solution) include:
- development of fully developed proposals by multidisciplinary teams to tackle real-world problems that have suffered from lack of trust for their resolution (trust can be secured with the use of locked up collateral in a smart contract)
- development of fully developed proposals by multidisciplinary teams to tackle real-world problems that have suffered from lack of access to decentralized, permission less financial mechanisms
- development of fully developed proposals by multidisciplinary teams to tackle real-world problems that have suffered from a lack of ability to utilize decentralized governance
- development of fully developed proposals by multidisciplinary teams to tackle real-world problems that have suffered froma lack of ability to use public oracles and/or verifiable information to trigger certain events
- development of fully developed proposals by multidisciplinary teams to tackle real-world problems that have suffered from the inability to coordinate, reward and value the joint effort of large groups of loosely connected individuals/organizations inside large regions, countries, continents, or the entire globe.
- development of fully developed proposals by multidisciplinary teams to tackle real-world problems that have suffered from the inability of certain communities to operate in an environment with an inflationary fiat currency.
- proposals are offered and promoted as solutions and whenever possible implemented
- Deliver fully-tailored solutions based on Cardano's trustless system and ever improving platform of operations with an accompanying decentralized infrastructure that delivers an alternative platform for problem resolution.
The aim is to tackle significant and specific problems currently baffling national governments, institutions, local authorities and a global audience
- Harness the disruptive negative effects of blockchain as a new technology, while building on its positive disruptive traits
- Harness the power of Cardano's trustless platform to help deliver new trustless approaches in tackling certain aspects of key threats that face the world - smaller or larger :
a. contribute to providing mechanisms (voting, consulting, systems, governance tools, smart contracts, etc...) for trustless cooperation that can facilitate implementation of agreements, eventually leading to reduced tensions
b. find practical and ethical ways to combat internet-enabled misinformation and disinformation.
c. tackle global or local problems with new tools and trustless approaches harnessing the power of blockchain trustless systems
d. Solve a real world crisis - many real-world crises are partly or even entirely founded on distrust among parties. Many major and minor disputes ranging from bilateral issues, territorial problems, disputed status, blocked projects, have emerged from lack of trust and verifiability.
Proposers in this challenge could also choose a small-scale real world crisis and envisage, create, plan and propose a smart contract escrow arrangement with an oracle in order to propose a solution for a previously intractable problem.