Reason – Smart Social Contracts | PositiveBlockchain.io

Short Description

  • Reason improves the Corporate Social Responsibility, by making the outcome of companies’ promises transparent

Long Description

At Reason, we believe consumers and companies should always be able to make an impact.

The Corporate Social Responsibility is based on promises “If you buy our product, we’ll donate 10% to charities”, but the outcome of these promises is not transparent.

By adding these promises to our blockchain-based platform, any promise is transparently executed on a system that cannot be manipulated or corrupted.

Consumers can now put their confidence into the right companies and create a new, true connection between products and purpose.

Q How does it work?

When users complete an action (purchase, registration, ...) the company's promise to donate x is publicly executed on the blockchain.
Consumers can track where the funding goes using our tracker.

Q Do consumers need to pay with cryptocurrency?

Not necessarily.
We have an API that connects to companies' platforms to register the promises when payments are completed with cards.

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Additional Details

  • Impact-first:Yes
  • Number of beneficiaries impacted: 1-100
  • Blockchain Technology:Hyperledger
  • Use of blockchain:Records and Verification, Payments and Money Transfers , Platforms and Marketplaces , Smart Contracting
  • SDG#:1, 12, 17
  • Whitepaper:Read on website
  • Other links:medium.com
  • Sponsors & Partners:Oracle
  • Fundraising:Own funds
  • Stage:Pilot completed
  • Number of beneficiaries impacted: 1-100
  • Blockchain Technology:Hyperledger
  • Use of blockchain:Records and Verification, Payments and Money Transfers , Platforms and Marketplaces , Smart Contracting
  • SDG#:1, 12, 17
  • Whitepaper:https://medium.com/reason/what-are-smart-social-contracts-the-new-business-model-for-the-blockchain-d3a27025fc4b
  • Other links:https://medium.com/reason
  • Sponsors & Partners:Oracle
  • Fundraising:Own funds
  • Stage:Pilot completed
  • Organization Type:Start-up
  • Target group:B2B
  • Servicing area:Global
  • Founders:Massimo “Max” Lomuscio, CEO
  • Female Founder:No
  • Creation Year:2019
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