Havuta is using the Telos Blockchain to create robust data solutions for impact-driven organizations

Blockchain technology has emerged as one of the most significant and valuable innovations in recent years. Its defining feature, decentralization, has aided in the resolution of several flaws that plague various industries and sectors today.

The Data Sector is one of the sectors that require the power of blockchain technology. Inaccurate data collection, poor data management, and a lack of data transparency have become critical issues in the modern era, as virtually every organization that wishes to impact the world positively requires data to carry out its vision. In this article, we will be reviewing Havuta, an "innovative" platform built on Telos blockchain, developing robust data solutions for impact-driven organizations.

The Havuta Platform

Havuta is an "innovative" platform for research design, data collection, and data management. The Havuta platform uses the Telos blockchain to collect and manage data for impact-driven organizations, most of which are non-governmental organizations (NGOs). NGOs are well-known for collecting data while delivering aid to a target group. The issue is that they struggle to collect and maintain reliable impact data after the first collection due to high logistics expenses and the difficulty of tracking down participants and beneficiaries. Tracking down participants and former recipients beyond the initial impact data collection is time-consuming and impractical. Havuta is here to provide a solution to this long-standing issue confronting impact-driven organizations such as NGOs.

The Havuta platform has developed an efficient system for NGOs to track past beneficiaries and obtain post-impact data. The Havuta Ecosystem has developed a suite of offerings that allows them to create an effective solution for NGO "pain points":

Pre-Design Phase:

During this phase, Havuta would determine the objectives of the study that would be conducted. The methodology to be used to achieve these goals would then be determined.

Design Phase:

Havuta identifies the main questions that participants must be asked to achieve the set objectives. The analytical methods that will be used are also chosen and finalized. The questionnaire is then designed and scripted.

Testing The Questionnaire:

The havuta platform evaluates the questionnaire for completion time, logic, and skip patterns. The target group profile is then used to conduct a pilot test. The next step is to make adjustments and finalize the questionnaire.

Launching Surveys, Scheduling, and sending out reminders:

The survey is then launched and distributed to the Havuta platform's participants. A scheduling and reminder system is then set up to remind and prompt participants to complete the questionnaire.

Data Cleaning:

The received data are then exported SPSS or STATA for cleaning.

Data Analysis:

Havuta performs cross-tabulations against the background variables to ensure proper analysis. The next step is to run a descriptive report and determine whether an advanced analysis is required. The final step in data analysis is the measurement and comparison of key metrics.

Reporting:

Reports are then created based on the data that has been analyzed. Finally, the reports are distributed to the stakeholders involved before being published.

Connecting Platforms:

The Havuta platform has also enabled integration with other software platforms. It is also possible to connect to existing data management services.

Why Telos?

Following an evaluation of several blockchains, Havuta chose the Telos blockchain due to its scalability and speed. Only a few blockchains can compete with Telos in terms of a highly scalable and fast blockchain. The transaction speed of the Telos Blockchain is 30 times faster than that of Ethereum, the most popular blockchain globally.

Another reason the Havuta platform selected Telos is that they have similar ethics and values. They needed to join a blockchain that had good governance and a progressive environment, like their platform.

Telos uses the Delegated Proof-of-Stake (DPOS) consensus and offers exclusive benefits to products that use its blockchain. The telos blockchain also has low to near-zero gas fees, which encourages user adoption in accordance with web 3.0 cultural practices.

The development of Havuta on the Telos blockchain helped them in achieving data transparency and security. All stakeholders, including donors, have access to the collected impact data because it is stored on the blockchain. Data transparency will help reduce the possibility of collusion among the parties involved because everyone can see the data on the 'immutable' blockchain.

Using Telos will also allow Havuta to reward beneficiaries both during and after data collection, allowing them to collect post-impact data from beneficiaries after the initial data collection.
It's no surprise that Havuta chose to build on Telos, because Telos is a progressive platform that wants to keep growing and adding value.

Closing Thoughts

According to an online survey carried out by Harris poll, it was observed that 90% of those who donated want to know how their donations made an impact. It is now more important than ever to make the data collection process in impact-driven organizations as transparent as possible. Havuta allows organizations to create "proof of Impact" profiles as impact data is collected to make the whole process transparent.

Havuta adds "trust" to data collection for impact-driven organizations by leveraging the Telos blockchain. The havuta platform assists them in gaining more contributions from donors by allowing donors to see the transparency and impact of their donations.