????????Spotlight no. 2: Choice of blockchain and stakeholders

????????Spotlight no. 2: Choice of blockchain and stakeholders

After the first case, which was a real success, the community voted.

The second case this year (2024) will be about how we choose our interoperability, but also how in our CSR support we help our start-ups in their interactions with their stakeholders.

This report is, of course, a summary of our vision. It is not intended as advice, but as a thesis that we are ready to debate with everyone. Your feedback helps us to grow.

Interoperability within our infrastructure ??

Starting with a desire to remain as open as possible, we wanted to connect communities with a real objective of sustainability.

What's more, as ecosystems evolve very quickly, a blockchain that has a certain level of commitment today may present a potential risk in the long term. It was therefore essential to take into account what is known in CSR as the triple bottom line, and to add to this our infrastructure issues.

Triple Bottom Line: a concept similar to "double bottom line", focusing on the achievement of positive economic, social and environmental results.        

Here's how we went about it:

  • Identify the major players
  • Characterise our infrastructure
  • Identify potentially interesting blockchains
  • Draw up a table showing the coincidence of blockchain and infrastructure
  • Integrate third-party scoring in order to have an external analysis in addition to our technical and CSR monitoring, in our case that of https://www.greencryptoresearch.com/blockchains
  • Adding our Proof of Impact Label to identify the SDGs - Sustainable Development Goals - included in the challenges of blockchain.
  • Get the community to vote on the priority to be applied according to their appetite and the data provided, also taking into account the developers active on the blockchains presented.

This has enabled us to select our first interactions this year, which our teams will be gradually putting in place over the second half of the year. The first half will focus on audits and the listing of existing systems.

Stakeholders: identifying ??

As part of our support for digital start-ups, or not, our first service is CSR support.

CSR (Corporate Social Responsibility) covers the practices of companies with regard to their impact on society and the environment.        

Why is this so important today? ??

In an era of transparency and focus on implications, it was essential not only to talk about carbon emissions, but also to maximise the positive effects of the company.

This also makes it possible to build a strong corporate culture, create a customer loyalty and retention strategy, limit staff turnover and create an entity that gives meaning to its existence in addition to a product that meets a real need.

Stakeholders: natural or legal persons, groups of individuals in the company's environment who have an interest in its operation and results.        

As you can see, in addition to this CSR approach, the issues are cross-functional and enable the company to grow while minimising risks. For start-ups?? like the ones we support, putting it in place from the outset avoids friction and requires fewer set-up costs than for structures that are already built up.

So who are these stakeholders???

Here is a non-exhaustive list of what we analyse:

  • internal stakeholders
  • business partners
  • local and regional authorities
  • business support
  • government departments
  • associations
  • other

Following this analysis, we will be able to create a strategic hierarchy of these parties and optimise the strategies and roadmap for the different segments in order to improve interactions and perfect the value creation processes.

In our process, we recently had a superb call with committed and competent people on risk prevention. So we're adding a layer of cyber security relations to that.

Because our challenges also include limiting the risks for all these internal and external interactions. We'll soon be introducing you to these incredibly accessible people.

Hopefully we've taught you a few interesting things, of all things ??.

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