Social Impact Bonds (SIBs) are innovative financing mechanisms where private investors fund public projects with measurable social outcomes. These projects are tracked using decentralized technology on the Ethereum blockchain to ensure transparency, confidentiality, and secure automated payments based on success metrics.
Private investors fund social projects through Ethereum-based smart contracts, ensuring trustless transactions.
Projects are monitored based on agreed social impact metrics, securely stored and tracked on the blockchain.
Upon successful outcomes, the government makes bonus repayments to the investors, ensuring risk-sharing and accountability.
All agreements between investors, governments, and project owners are confidentially stored on the Ethereum blockchain. By leveraging the immutability and encryption features of Ethereum, the data is securely accessible only to authorized parties.
Ethereum's decentralized nature ensures that all data is secure and confidential, accessible only by authorized parties.
Smart contracts ensure that payments are automatically triggered based on predefined conditions, eliminating human error.
With Ethereum, investors from around the world can participate in funding social impact projects, promoting financial inclusion.