Cooperative dApp
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.
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.
Total to date
This is the total amount allocated to Cooperative dApp.
About this idea
[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.
[FEASIBILITY] Are you or any member of your team working on any other proposals in this Fund9?
No[FEASIBILITY] Are you or your team working on any other proposals from previous Funds?
No[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
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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)
Team
Karl Johansson holds a degree in agroforestry from SLU, has worked in Africa for decades solving similar problems, we have cooperatives, NGO's, universities, governments and institutions who wish to join us in the development of this project.
