Call-for-Code / Embrace-Judicial-Reform

Emb(race): Judicial reform. From traffic stops and arrests to sentencing and parole decisions, use technology to better analyze real-world data, provide insights and make recommendations that will drive racial equality and reform across criminal justice and public safety.
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Building Investment funds for Communities using Blockchain #32

Open ljbennett62 opened 4 years ago

ljbennett62 commented 4 years ago

Theme:

Policy and legislation reform

Brief description of your idea:

Investing in communities (alternative to stock investments). Set up a blockchain network that communities can join where people can invest in neighborhoods. This is akin to the notion of sharing energy through a blockchain network. Those outside of the communities can send investment dollars. Perhaps through the purchasing of bonds. Monies would go to building up the neighborhoods - so there we would be the send of a neighborhood board that allocates funds to specific initiatives.

What makes your idea unique?: Financial investing is usually associated with Wall Street and stocks - but what about taking that same money and investing in communities.

What would be the impact of your idea if implemented?: Take this to local government agencies and gain adoption. Start in those financially strained communities. For instance how we could be build new water systems for communities like Flint, Michigan taking monies from a community fund that people are investing in. We could ultimately take this global.

Skills to contribute (e.g. development, architecture, research, design or anything else): Would need someone with a financial background on the business side. Technical infrastructure: Blockchain, development, architecture