The ixo foundation, a south Africa-based software development organisation and Seneca Park Zoo Society, New York, have united to weigh the level of impact of global conservation using the blockchain. The ixo foundation came about an open-source protocol using the blockchain. This system permits anyone across the globe to create an impact claim which is eventually assessed and verified as a proof to access funding.
The first phase of the partnership will be concerned with recording animal and insect regeneration in Madagascar’s regenerated forests using sensors and the blockchain. The sensors will be linked to ixo’s blockchain to collect data and verify it. Impact tokens, which can be used to get funding with verified proof of impact, will then be created.
Dr. Conway, founder and president of the ixo foundation, said: “Our partnership with Seneca Park Zoo Society is a proof of concept, showing how all manner of conservation projects can record the impact they are having. By utilising the ixo Blockchain for Impact, they will be able to record evidence of change as verified impact data, which demonstrates what counts for sustainable social, environmental and economic development.”
“We will use this data to grow the fundraising and public education potential of zoos and aquariums, reinforcing the value of zoos to our communities. We look forward to our first collaboration in Madagascar, which will allow us to measure the positive impact of renewed forests through biodiversity measurements and increased human health using the ixo Blockchain for Impact,” said Tom Snyder, director of programming and conservation action, Seneca Park Zoo Society.
Both non-profit organisations plan on partnering further to assess the effect of global conservation initiatives and boost funding for zoos and aquariums.