TheBC Lab
In partnership with Impact2030, TheBC.lab in Colombia has recently coined the term "Blending Capitals" as a key strategy for financing the peace consolidation process in Colombia and SDG #16. Blending Capitals focuses on integrating non-financial capitals in support of attracting sustainable blended finance. Over the past three years, we have been investigating the social & human capital shortfalls, and other non-financial challenges in implementing a Blending Capitals strategy to help finance the peace consolidation process in Colombia. Based on current research and information available on the topic, as well as interviews with stakeholders and other interested parties, our work in Colombia strongly suggests that Blending Capitals in support of Blended Finance is a valid approach to supplementing both MSMEs and the peace process, simultaneously, in the country. What Is The Blockchain's Role In The Colombian Peace Process? Our understanding of the blockchain and its usefulness in the context of the Peace Process in Colombia is still very much in its infancy. We have seen the upsides and the downsides of this emerging Fintech approach to decentralizing markets, money, and power. Market forces have tended to be speculative with cryptocurrencies - Bitcoin approaching the $5,000USD mark in late August 2017, plunging to $3,000USD two weeks later - as traders and speculators attempt to extract profits amidst the growth of cryptocurrency exchanges and initial coin offerings (ICOs).