It is only a slight exaggeration to say that impact measurement is something of a holy grail for impact investors with an impact first approach. Shaun Conway and the Ixo team are building a new blockchain and tokens to be used in measuring and monetizing impact.  

There are at least $228 billion of impact investments now under management. Virtually all the investors are looking to measure impact with the same clarity they currently measure financial returns. A variety of helpful tools are already being implemented. Tokenizing impact measurement is a logical and exciting step forward.

Conway, who is both a physician and a serial entrepreneur, says his team of 23 people is working to launch the coin during the third quarter of 2018. A whitepaper is available on the company website. Be sure to watch the full one-on-one interview with him. 

One of the key features of blockchain technology is that it is decentralized; the data isn’t stored all on one computer or set of servers in one location. Rather, the data is stored on nodes distributed potentially around the world. The data is immutable and open so anyone can see transaction records.