DXWorks announced that it signed a business agreement (MOU) with the SDX Foundation on June 11 to establish a donation management system for the carbon neutral campaign 'LeadXNow'.
Through this agreement, the two companies will develop a blockchain-based donor-centered sponsorship platform with the common goal of ‘carbon reduction and climate crisis response.’ The platform will have a donation management system including cash and digital assets, and will support various functions such as providing digital badges, issuing donation certificates, and sponsorship reports.
In a situation where the institutional foundation for digital asset donations by domestic non-profit organizations is still insufficient, the establishment of this system is expected to contribute to proactively responding to institutional reform and establishing a transparent management system for donation usage. Through this, it is expected to become a model case for building a sustainable donation ecosystem that will help foster climate tech companies and support carbon reduction activities.
A DXWorks official said, “It is meaningful to build a platform that increases donor participation experience and transparency of social contribution through blockchain-based digital innovation technology,” and added, “Based on this agreement, we will do our best to support the growth of climate tech companies and carbon reduction activities.”
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