The Sicomoro Foundation Board of Trustees uses blockchain to support its meetings

The Sicomoro Foundation Board of Trustees has called its next meeting using blockchain, which also supports the delegations of attendance and the minutes of the meeting, taking advantage of the inviolability of this technology, with the collaboration of SmartDegrees.

The Sicomoro Foundation believes that this form of certification provides security, rigor and traceability in this key process of every foundation. To this end, SmartDegrees has adapted its academic degree certification solution to the complete certification of the associated processes in foundation meetings. The Sicomoro Foundation is the first to use the advantages of blockchain to support its meetings.

The process begins with the certification of the members of the board of trustees, the sending of the meeting notice by its secretary, confirmation of attendance or delegation of vote by the members, sending of associated documentation by its secretary and ends with the certification in blockchain of the approval of the minutes and its final documentation.

SmartDegrees certifies academic degrees or any other type of property using blockchain technology in a cryptocurrency-free version. This technology ensures that what is certified, in this case the complete process of the board meeting, and especially the documentation and minutes, are approved and stored in an unalterable way, through the smart contracts. The record is made on its own blockchain platform (Quorum, Ethereum‘s evolution for business), as well as on the public permissioned blockchain platform Alastria, to provide transparency and also interoperability with other platforms.

The Sicomoro Foundation is an entity dedicated to the study of General Systems Theory, using an interdisciplinary and global approach to understand and address complex problems, such as the transmission of Ebola, crime and urban mobility challenges. Its goal is to develop collective knowledge that improves our society.