responsAbility and Phlomis Finance Join Forces to Promote Blockchain Use in Impact Investing
Respondibility Investments AG is an pioneer impact asset manager that in recent times signed a tie-up with the Swedish blockchains-investments-enabled platform known as Phlomis Finance towards getting the impact investment model, increasingly nearer for more and more people’s exposure. It intends to collaborate for the amalgamation of this blockchain technology with social influence invested strategies toward increasing financial and creating climate finance facilities in order that it increases and reaches far- spread emerging markets.
A New Approach in Impact Investing It brings the experience of having invested impact over the last twenty years on one hand, and blockchain expertise from Phlomis Finance to assemble a more accessible investment model aligned with both positive social and environmental outcomes as well as financial returns.
It will provide access to and enable institutional-quality impact investment that achieves a wider range of tradition-excluded investors, who, in turn, will also benefit from the holding of digital assets as they can access those opportunities for themselves.
Impact investing has been at the heart of responsAbility’s efforts, guided by the production of financial returns and the creation of social and environmental benefit.
In no time after its birth, the company was able to establish funding avenues into sustainable food production, climate finance, and financial inclusion. responsAbility has had as a mission the helping of companies within emerging markets find much-needed capital in order to grow and employ as a mechanism towards reducing poverty. It is currently using a partnership with Phlomis Finance to expand increasing access to impact-driven investment products for a larger group of digital asset investors.It increases transparency and brings in trust due to blockchain technology.
The benefit that Phlomis Finance has is its blockchain-enabled platform. Blockchain technology has been associated with the attributes of transparency, security, and efficiency in transaction and data tracking. It is what Phlomis Finance is set to achieve with blockchain technology: it can increase the effectiveness of impact investing, the ability to track financial performance, and the social impact in real time.
It is a platform where holders of digital assets can find real-world investment opportunities that have the capacity to invest in projects in line with the United Nations SDGs. Blockchain’s use in tracking impact data ensures that investors can track their investments with social and environmental impacts that they can rely on.
This is especially an advantage to individual investors, who do not have the opportunity to access traditional avenues of institutional investments. Blockchain is therefore open and accessible to its users in a way that the design has resulted in a higher participation rates among digital asset holders about impact investing as well as the support of projects that illustrate measurable social good.
Powering the Micro-Entrepreneur and the Pursuit of Sustainable Development This will help micro-entrepreneurs in developing countries while also meeting the broader goal of financial inclusion and poverty reduction. In short, it helps investment in local businesses and projects and allows entrepreneurs to gain access to the capital they need to expand their operations and jobs within their community.
This will align it with the United Nations SDGs, most directly with Goals 1, No Poverty, and Goal 8, Decent Work and Economic Growth. The two organizations have an interest in supporting emerging market businesses to break financial barriers toward building stronger economies. Together, responsAbility and Phlomis Finance look forward to providing a new form of financing social enterprises and other impact investments.
Social good digital assets As is one of the major innovation in securing partnerships- tends to concentrate on strategy for attracting more participants and impact investors into acquiring such digital assets even where cryptocurrencies and other similar innovation cuts across economies.
This is how responsAbility and Phlomis Finance can draw upon this increasingly diverse set of digital asset holders with an intent to make a difference in positive ways through the introduction of impact investment products tailor-made to deliver financial return while producing measurable social benefits. This new model affords an investor in digital assets the opportunity to diversify his portfolio and thereby support the projects he cares about. Combining the established investment approaches and proven track records of responsAbility with the blockchain platform of Phlomis Finance brings much-needed transparency and accountability into impact investing.
Future of Impact Investing It means bright futures for impact investments. Definitely, with the rising demand for sustainable and socially responsible investment options, this bundling of the best of impact investing with the efficiency and transparency that blockchain technology can offer would serve the partnership well.
This would be taking impact investment to a far wider audience; there is much scope for the partnership driving quite significant social and environmental change in the developing world. This will further develop innovative ways in assisting micro-entrepreneurs and support attainment of SDGs through financial inclusion. While doing this, they also try to develop a more inclusive and sustainable financial system which could better serve the interests of the investor and the communities in need. Source: Press releases by responsAbility Investments AG and Phlomis Finance