Everex, a financial inclusion blockchain development company, has announced that it has joined ConsenSys’ recently launched initiative Blockchain for Social Impact Coalition (BSIC).

Announced in July, BSIC aims to incubate, develop, and implement blockchain solutions that are investable, scalable, and replicable, while solving social and environmental problems. It has been established to leverage the power of the Ethereum blockchain for social impact.

“ConsenSys is forming a blockchain-based coalition to provide infrastructure to the United Nations Sustainable Development Goals (SDGs), and Everex will be working right alongside the blockchain software company,” Everex said in a blog post. “Everex has partnered with the BSIC coalition to affect positive change.”

The BSIC will be holding a month long Virtual Hackathon between September 7th, 2017 and October 7th, 2017, in which participants will build proof-of-concept solutions for challenges in four sectors: Financial Inclusion, Supply Chain, Identity & Vulnerable Peoples, and Energy & Environment. Everex said that it will be competing in the hackathon, which will “consist of ideation and testing of financial inclusion solutions to meet SDG goals:

• 1 (No Poverty)
• 8 (Decent Work and Economic Growth)
• 9 (Industry, Innovation, and Infrastructure)
• And more”

“The proof of concepts created during the hackathon will form the basis of MVP development delivering investable opportunities and solutions to for impact oriented organizations”, ConsenSys said.

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