where can crypto help communities and families economics thrive

Over 45 yeras now since my father published Entrepreneurial Revolution in The Economist, it has become clear that some economists only specialise in serving the biggest organsations- -matjhematically the beauty of blockchain is we can now fund for communites and exchange solutions almost every poort community has in common

this pink care token case is a lovely concept- why wouldnt the world want every young adolescent girl have sanitary towels but is it locally tuned - I ask because I dont know how to judge if this is ready to scale

the lofgic sounds good (its really quite interesting to think through the tech and human approach  but I would have preferred it tom mention partnership with some of the most efficient networks already in this locality and wonder if the intended customer community ideally need a bunch if secrices by a combined network than what appears to be seen as one intervention

what do you think https://www.binance.charity/period-poverty

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Project Information - Pink Care Token Project for Period Poverty. Helping Women In Need of Better Feminine Care

The Period Poverty Problem  

The lack of menstrual hygiene products and facilities is one of the main limitations that many women face in developing countries. The lack of proper products and facilities makes it hard for women to handle their menstruation comfortably. This deficiency reinforces the cultural constraints and social perceptions that wrongly perceive menstruation as and toxic. These obstacles perpetuate and become a vicious cycle.

For many young women in developing countries, period poverty is an it difficult to get equal access to a better future. According to the health and research organization PSI, there are 2.5 million women globally who don’t have access to proper feminine health and hygiene.

In Uganda, there are women who use cassava leaves as sanitary pads, leading to infections and general uncleanliness. In Nepal, some women even suffer from Chhaupadi (menstrual exile), a where women are ostracized by their families and community when on their periods. They are also prevented from touching other people, livestock, or plants, as well as from sharing the same water source and walking certain paths. In extreme cases, some women are not even allowed to follow their regular diets. Aside from the psychological effect of this practice, it has negative impacts on the health, safety, education, and livelihood of women.

For most women in developing regions, the day they get their period is the day they are forced to drop out of school, to end their formal education, and to begin a lifetime of domestic work and pregnancy. Menstruation, which is a natural, life-giving function of a woman, brings unseen hardships for millions of women around the world.

While many foundations, NGOs, and corporations having worked on the period poverty problem over the years, there is tremendous inefficiency and lack of transparency in traditional ways of charitable giving that causes a loss of trust and high intermediary costs.

Challenges We Face

There is difficulty in effectively reaching and understanding rural communities where the problem is most prevalent. Due to geographical constraints, cultural barriers, and identities as outsiders, effective communication with these communities is a challenge.

We believe no one should be left behind during the ongoing revolution, and we are determined to bring the benefits of this revolution to the people who had no access to technology innovation before.

Charity Program Design- Period Poverty & Pink Care Token

Preparation

Pink Care Token (PCAT) is a initiated by to sponsor feminine hygiene products for young women in underdeveloped world who are not able to afford it. Pink Care Token is the first of its kind, designed poverty and aid women in need of better menstrual hygiene. It solves the lack of transparency issue of traditional donation. It reduces intermediary costs and time lags to the lowest by decentralized efforts community-based developers on Binance Chain.

With the Pink Care Token initiative, Binance Charity aims to bring the original value of money as a medium of exchange to the crypto space, while creating accountable charitable impact on period poverty through transparent on-chain tracking on the Binance Chain

The Pink Care Token is a new form designed as a -based social impact token for period poverty that only serves the purpose of menstrual period hygiene rescue for girls. Instead of a monetary price, one unit Pink Care Token is backed by a one-year supply of sanitary pads for one girl.

The Pink Care Token Issuance Records: https://explorer.binance.org/asset/PCAT-4BB

Pink Care Token Concept Note: https://drive.google.com/file/d/1nx4XI68ctwBVmtEAZWYowkhib9Gr0pH1/v... 

Key Features of Pink Care Token:

●   Stable value against the value of the goods

●   Non-speculation token

●   100% accountable charity impact

●   100% transparent

●   Redemption guaranteed by

The Period Poverty Solution - Why the World Needs Pink Care Token? 

1 Pink Care Token = 1 year’s supply of sanitary pads for one girl.

1) To achieve 100% transparency over the entire charity process

The Pink Care Token is backed by goods instead of a fixed monetary price. The Pink Care Token is featured as a transparent token: transparent over the entire process, including bidding, distribution, and redemption.

To select goods with high quality and reasonable price, BCF launches a formal bidding process among suppliers. The suppliers who have high-quality products and most affordable prices will get the deal. The result of the deal determines the price of the goods.

For instance, Pink Care Token supports women through period hygiene materials. One unit of this token is pegged to goods -- period materials of one girl for a year, instead of fixed monetary price. The supplier who wins the bid will get the chance to provide the sanitary pads as the collateral the Pink Care Token.

After the bidding, the token is minted on Binance Chain and distributed to the end beneficiaries directly. Only local volunteers and people who help the end beneficiaries open their crypto wallets are involved in the process. No other intermediary that can intervene during the token transfer process or affect the price of the token will be involved. The last step of the entire process is the fiat redemption from the Binance Uganda exchange.

2) To decentralize charity in order to enhance aid efficiency

Pink Care Token will be issued on Binance Chain and redeemed on Binance Uganda in a decentralized manner.

Chain is a software system developed by and the community with developers from all over the world. It offers possibilities for the flow of assets. :

  • Fast: With one-second block confirmation time, Binance Chain can process several thousand transactions per second, ensuring fast and efficient transactions for all users.
  • Low-cost: Costs of using Binance Chain are relatively low in both fees and liquidity costs. Users can enjoy their first orders for free and discounted fees paid in BNB.  

Therefore, by introducing the Pink Care Token, the efficiency of aid is expected to increase significantly, since the misuse of funds could be avoided when there is no third party manipulating the money transfer.

3) To enhance adoption

There are many misconceptions of which is that it is limited only to trading and speculation. Pink Care Token’s mission is to bring the original value of money as an accountable medium of exchange to industry through social initiatives.

The creation of Pink Care Token is proof of a model for a free, transparent, and nearly zero-cost value transfer mechanism: to serve purposes only, pegged with needed goods.

 

Our Vision

By launching the Pink Care Token -- the first tangible application of young women’s empowerment in society, we aim to use for social good and transform traditional charitable giving in a fully transparent and accountable manner. By actively responding to the fourth industrial revolution brought by we attempt to shape a brighter future of all human beings, especially the bottom billion, and lift humanity into a shared sense of dignity. After all, it comes down to human and values.

Execution: How Does Pink Care Token Solve Period Poverty and the Bottom Billion Problem?

Step 1: Donors donate to in which then is used to issue an equivalent amount of Pink Care Token on Binance Chain.

Step 2: Young women (end-beneficiaries) redeem each token for a year’s supply of feminine care products from BCF’s local suppliers.

Step 3: The suppliers convert the Pink Care Token to Uganda Shilling (UGX) at the Binance Uganda Exchange in the duration of the project. There is only 1 Pink Care Token/UGX pair Uganda. Suppliers are able to only redeem Pink Care Token for Uganda Shillings.

Step 4: The end beneficiaries recipient evidence of goods and their feedback on Twitter or other social media channels periodically. The token transfer records are also demonstrated on www.binance.charity for public monitoring.

How to Support our Period Poverty Campaign?

Pink Care Token, which represents the freedom of value transfer, from donors directly to the end beneficiaries, in this case, the young women.

You can support us by launching the initiative as a co-founder, donating in that will be used to issue an 

Pink Care Token, or being our supplier to offer feminine hygiene products for free or at a discount.

End Beneficiaries: 1,000,000 girls globally

Estimated Budget: USD 4,500,000 ($4.5/girl/year) (*)

(*) Based on estimated bid price in Uganda, given that our pilot project will be launched in Uganda. The price will be different in different countries. 

 

Behind the scenes: The underlying token economics of Pink Care Token

Step 1: Specify local needs and issue tokens

For example, 10,000 girls need sanitary pads for 1 year, so we will issue 10,000 tokens this year.

Step 2: Confirm the supplier and set the token price.

BCF launches a formal bidding among suppliers, and the suppliers who have high-quality products with the most affordable prices will get the deal. The result of the deal determines the price of the pads. If the winning bid is at 8 USD/girl/year, the token price will be set to be 8 USD/token.

Step 3: Targeted fundraising for a specific time period

To support the 10,000 girls’ sanitary pads, we need to the crypto that be equivalent to 80,000 USD. We will collect in BNB, BTC, and ETH during the period.

Step 4: Token activation and distribution

We will announce the token activation time and date to the public in advance. At that time, we the BNB, BTC, and ETH price, and calculate the amounts of period tokens that being activated according to the market price.

For example, the activation time is 12 am July 1st, and the BNB, BTC and ETH prices are $40, $8,000, and $250 respectively. And on BCF website, we collect 500 BNB, 5 BTC and 50 ETH. The value of the collected crypto $72,500 ($40*500 + $8,000*5 + $250*50) and equals to 9062.5 period tokens ($72,500/8 USD/girl/year). Under this condition, BCF will contribute to make the number round up to 9,063. Therefore, 9,063 tokens are activated, and will be distributed to 9063 girls in Uganda. BCF will pay for all the token transaction costs. In reality, we hope to reach the fundraising target so that 937 girls could get their sanitary pads. The received BNB, BTC and ETH will be locked in the wallets as a “collateral” for the value of period tokens.

Step 5: Token transfer and redemption

The parents of the young women will open crypto wallets in advance to get the token. The token will have no value unless they give suppliers for the girls’ pads, preventing some parents use received money for other purposes. With the help of local NGOs, the parents will transfer the tokens to the supplier and the supplier will give the girls the sanitary pads.

The suppliers then can redeem the period tokens at at the local currency price that equals to 8 USD per token.

Step 6: Crypto release and token burning

After collecting all period tokens, Binance Uganda Exchange will send all received tokens to BCF, and BCF will release the BNB, BTC and ETH to Binance Uganda Exchange and burn the received period tokens. Uganda Exchange will take all the price-volatility risks of during the period and make sure suppliers can get the local currency with guaranteed value.

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survey 1of child centric education

IF SCHOOLS were child centric they would make age relevant interventions:

if anyone is illiterate at age 6 it only takes 90 days to change that - best of all a literate kid can be main helper in 20 minute session - see sunita gandhi

finacial literacy would be practicsed from age 8 - see aflatoun ( works in 100 countries

from age 10 pre-teens would have access to pfysical and mental health studies designed peer to peer -see Lancet

no kid would leave primary school without knowing how open space meetings/teamwork is facilitated

teachers would be celebrated for clarifying which skills involve experiential learning not classroom examination - while there is some recognition that music and sports involve practice, its shocking that coding isnt valued this way ..

==============

Do you have life-changing moment to share? - what was it and what did you think or do differently after it?

example until 9/11, i assumed that (good) futures are happening somewhere in the world and would be searched out so that all could communally replicate them;  === 9/11 caused me to question whether global connectivity will give us time to find sustainable solutions for our kids- i became particulaly interested in places where good education leaps appeared but did not get app'd the world over - one example actually goes back to my favorite 1990s advances in schools that a small cliuster of new zealand schools pioneered - download it here https://oiipdf.com/download/the-learning-revolution

i welcome discussion of this book's parts at any time rsvp chris.macrae@yahoo.co.uk if you have a solution every community that develops youth could be cooperational

in 1984our book with economist editors 2025report made the case for 40 year commitment to every child identifying own skils dashboard and maximising AI curation of this- we valued this as sustainability critical worldwide cooperation - we see no logic for changing this concern

== we live in an age where most up to half of knowhow of techforgood changes every 3 years - we needed mindsets for exploration not for being standard examined; a nation that makes its college students its largest debt class is likely to collapse economically socially environmentally if web3 is designed for celebrating sustainability cooperation; and if web3 is not designed for neough yout to linkin the first sustainability generation then we are all heading the way of the dodo

I am learn to learn

chris.macrae@yahoo.co.uk  

TECH - What is IT? and which exponential multipliers most impact human and natural futures?

AI   >. silicon chip singularity (ie when one chip > one brain in pure analytical capacity) - science fictiion no moore

who programs the ai - the race to include lost voices eg girls- the world of statistics re=-examined like never before (eg previously mass statistics very weak at coding meaining from numbers)

Biotech  >> Affective science (loveq and emotional intelligence remains human's unique edge over artificials for at least 10 more years!)

Some people say that Virtual or Augmented Reality has advanced at its best so far in last 12 months that there are hardly any qualified teachers only pioneering explorers- does this matter - well its VR which is your gateway to web3 - intead of just a mobile device you will like wear  a visual sensor system; equally others argue that you shouldnt worry about how fast you put googles on - what you should want is to take back ownbership of what you spend time creating virually- look at the small print of the big platforms you probably dont own anything without them..maybe this is a generation issue bu interstingly the met-generation can now work on chnaging anything that old systems are destroying (eg climate) ...t 

 IOT which things will now have brains and be as mobile connected as you are

Crypto - can communities celebrate financiang their own most urgent sustainability cooperations? if they dont who wil?

Cyber >> Drone - opportunities and threats of public spaces- first in spaces like the arctic circle if we dont use drones we will get no warning before the big meltdown

-the mkist memorable western campus event i attended in 2010s was tufts colllaboratory summit convened mainly by arctic circle youth under 25; 

one of the main debates how to help teachers in arctic circle schools empower their students to use virtual reality to visit other arctic circles schools communities; many of the changes and solutions are analogous; I am reminded by educators leading the compilation of virtual realty libraries of the DICE acronym - a reen might want to do something dangerous like climb everest, why not VR simulate that? there are impossible things a trainee doctor will never be able to travel inside a humans gut but that can be VR'd; there are catastropghic simulations - you would rid the world of bees just to test if donald is wrong about nature being more powerful than he is, you can simulate it; or the future of smart tourism may be curation of what a community is proudest of being visited for - this way ecotourism, cultural appreciation exchanges can be twinned to maximise celebration of each other- and by the way friends of the tourist can join in virtually- of corse this raises a metaverse question - that Hong Kong is leading the world on

being 100% public - good and bad hacs- note context matters - context 1 smart city context 2 isolated vilalge no moore context 3 make a huge land safe at borders

3D printing aka additive engineering

Big Data Small by market tech sector Leapfrogging

Nano cf einstein - to innovate science model more micro

Blockchain

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