NewsImpactWhat To Expect at Algorand Impact Summit

What To Expect at Algorand Impact Summit

By

Matt Keller, Director of Social Impact

The Algorand Impact Summit, taking place in New Delhi, India, on November 30 and December 1, will gather policymakers, entrepreneurs, executives, and other thought leaders to discuss innovative blockchain solutions for financial inclusion, sustainability, and social equity. We will shine a spotlight on projects around the world that are accelerating access to capital, credit, critical services, and new markets, with an emphasis on projects coming out of India. 

During the event, keynote speakers will dive deep into different facets of blockchain technology that empower individuals. Panelists will share their insights into building digital infrastructure and regulatory frameworks to ensure we realize the vision of a borderless, inclusive economy. Workshops, pitches, and speeches will further showcase blockchain's potential for society, fostering collaboration across sectors to enhance understanding of its utility and scalability. While the primary theme is current blockchain applications, the summit will be looking to the future to see how blockchain can help bring the next billion global citizens into the formal economy.

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5 things you’ll learn about at Algorand Impact Summit 

Policy and regulation

We will engage with policymakers to debate and discuss regulatory and policy challenges and best practices to promote investment in blockchain-based innovation. Given the government’s push for financial inclusion and private sector innovation taking place in India today, the Algorand Foundation is fortunate to partner with Indian private and public sector leaders on the ground in India as part of the Foundation’s AlgoBharat initiative.

RS Sharma, a former civil servant renowned for his transformative leadership in the Government of India, will deliver the closing keynote. With over three decades of government experience, his focus on digital governance and innovation led directly to sweeping reforms in the administration of government programs in India. Sharma is a firm believer in the potential for blockchain technology to promote India’s growth in the decades ahead. 

Environmental and social justice

Algorand Foundation will also bring in leaders utilizing blockchain technology to deliver solutions for greater environmental and social equity. This spotlight will particularly fall on visionaries and commercial innovations emerging from Sub-Saharan Africa, South Asia, and Latin America, where perhaps the opportunity for technological disruption to create more inclusivity is greatest. Speakers will include Orchlon Enkhtsetseg, founder and CEO of URECA, a startup dedicated to innovative carbon offset accessibility; Ramiro Almeida, founder of TRAM, a platform rewarding carbon emissions reduction actions; and Prabir Mishra, founder and CEO of TRST01, a blockchain solution for ESG reporting and enhanced tracking and traceability in supply chain management.

In the realm of environmental justice, our panel will tackle the ambiguity and shortcomings of carbon markets. We'll showcase how blockchain's transparency can track emissions and environmental attributes, offering auditable lifecycle verification. When it comes to social equity, we'll explore how blockchain can play a pivotal role in improving health access and outcomes. By addressing the multifaceted social determinants of health, we'll delve into the challenges faced by service providers in helping vulnerable populations access crucial systems and services. 

Enabling meaningful work 

Learn about the latest workforce trends and cutting-edge blockchain solutions that challenge the status quo. In the current job landscape, certain roles have suffered devaluation, compelling workers to seek better-paying opportunities elsewhere. One panel introduces pioneering Web3 innovators, like Sow and Reap and Birina Handmade, who are revolutionizing the way we prove product authenticity and empower workers, be they musicians, farmers, or artisans, enabling them to capture a more equitable share of the value they create.

A standout speaker is Chetna Gala Sinha, the driving force behind Mann Deshi Mahila Sahakari Bank, which was founded in 1997 to meet the financial needs of rural women. Her illuminating fireside chat will provide insight into how the Mann Deshi team is leveraging Algorand to cater to the requirements of female micro-entrepreneurs and uplift marginalized individuals globally.

Web2 and Web3 collaboration

In addition to showcasing innovative projects, the summit will explore pioneering business models that encourage synergy between Web2 and Web3 companies. We’ll look at business models whereby Web2 companies, like Eko India Financial Services, can collaborate with Web3 platforms to counter friction points and overcome hurdles. It's about leveraging the strengths of both worlds to tackle critical issues, such as financial inclusion, digital identity solutions, stablecoin adoption, efficient remittance services, carbon credit monetization, and tackling challenges within agriculture and food supply chains.

By merging the capabilities of Web2 and Web3 technologies, we can revolutionize how we approach these global issues, fostering a new era of inclusivity, sustainability, and efficiency. This exploration at the summit promises to be a cornerstone in shaping the future of technology's role in addressing these formidable challenges.

New builders on Algorand

Algorand Impact Summit will crown the winners of the Creating Impact! Pitch Competition. These visionary projects from across the country have been building Algorand-based solutions that have the potential to make waves in the realms of financial inclusion, environmental sustainability, and social equity. A panel of expert judges handpicked these exceptional teams for their potential to enact transformative change, and now they will step onto the stage to deliver their final pitches in pursuit of the grand prize.

Conclusion

The Algorand Impact Summit stands as a testament to what works today, offering a glimpse into the possibilities that lie on the horizon. It’s a resounding affirmation of why the application of blockchain technology in solving the world’s greatest challenges is a story that must be told as we continue to write it. The summit is a reminder that we are actively shaping the future, tirelessly engineering a narrative of innovation, inclusion, and progress, where blockchain is a beacon of hope illuminating the path toward a better world for all.

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Disclaimer

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