Episode 12
31 Oct 2019
Bringing transparency to philanthropy through blockchain
Featured Guest(s):
Helen Hai
Head of Binance Charity Foundation
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Helen is the United Nations Industrial Development Organization (UNIDO) Goodwill Ambassador for industrialization in Africa. She is the Head of Binance Charity Foundation with the mandate to use Blockchain for Social Good. She is also the Founder of the Made in Africa Initiative which advises the African government for industrialization.

Ambassador Hai was named a 2015 Young Global Leader by the World Economic Forum, and she is the Co-Chair of the Global Future Council on the Future of Consumption for World Economics Forum. She received the 2015 African Business Icon Award, and awarded as Officer of the National Order of Lion of Senegal in 2016. Helen was named 2017 Wu Fellow by UC Berkeley, Global Visionary by UBS, 2018 Aspen Fellow by the Aspen Institute. She was also on the “Ones to Watch” list for Bloomberg’s 50 people who shaped 2018 in unexpected ways.

In this podcast, you will learn real applications of Blockchain For Good and how it can solve some of the social issues. Stepping into the Fourth Industrial Revolution, advancements in technology could also be used to close the social gap. At Binance Charity Foundation, Helen’s work is to spearhead the economic transformation of the bottom billions in Africa. Offering a solution to build financial infrastructure and transparency to tackle a very common issue in philanthropy, leaking basket problem and bringing real solutions to end beneficiaries. Tune in to learn more about these game-changing initiatives Helen and the Binance team are working on.

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Quotes from Helen Hai

“This is exactly the solution for what we call the problem of leaking basket in charity. This has existed since the end of World War II, as we know billions of money has flooded into under developing countries and a lot of money has leaked out. Because there is no direct infrastructure from the donors to the end beneficiaries and the whole process today is not transparent.”

“We felt that the largest challenge for all human history in the next 30 years is inequality. So, I think the Fourth Industrial Revolution, should not just be technological advancement, it's how we can use technology to bridge the global social gap.”