The Foundation is an affiliate of the Chamber of Digital Commerce that is focused on developing creative solutions to the most pressing issues facing the blockchain industry by providing education and supporting research.
Members of the Chamber of Digital Commerce continue to face interoperability issues. More than 1,000 blockchains exist today, all offering various features and customization to specific industries. For a digital ecosystem to thrive, the ease of moving assets from one platform to another must be frictionless.
In order for blockchains to achieve mass adoption they must be able to scale. The two biggest blockchains by market capitalization, Bitcoin and Ethereum, process only 7 and 20 transactions per second, respectively. The blockchain community needs an unbiased, neutral, third party to provide education and research on scalability.
Accessing the internet in a secure and private way is a fundamental requirement. Blockchain-enabled networks allow for individuals to have control and ownerships of their digital assets. This includes identity, money, intellectual property and other tangible and intangible assets.
Many contributors in the open source ecosystem serve as volunteers. There are very few blockchain-specific academic programs. It is critical that the community has a third-party platform to help expand the pipeline of innovation and support technology advances in this sector.
Research and Support of Open Source Innovation - Accelerate the Roadmap
Our goal is to enable funding for core developers, scientists, engineers, academics and other technical experts to contribute to the most pressing issues facing the industry. Our objective is to provide a neutral platform to inspire and curate research and development.
The industry faces a real shortage of blockchain-ready engineers and developers. In order for this industry to reach mass adoption, we need to develop a workforce that can support it.
Education of the Workforce - Blockchain Technology Certifications
In partnership with industry thought leaders and academia, The Foundation proposes to serve as a catalyst and incubator that would help develop certification programs with a goal of creating a deeper bench of talent for this fast-growing industry.
Blockchain technology poses a paradigm shift for government, enterprise and society. The general public needs to better understand the basics of this technology in order to properly leverage and benefit from it. The public continues to be inundated with negative stories that create an often misunderstood and skewed narrative of our ecosystem.
Communications to the Public - Enhancing the Narrative
The Foundation would produce professional resources and materials to educate the public on digital assets, blockchain technology and their benefits to society.
Announcing the launch of The Foundation
ANNOUNCING: The Foundation of the Chamber of Digital Commerce
Donate now and donate purposefully! Interoperability, scalability and adoption are critical issues that need real solutions.
There is still much work to be done – your donation will make a big impact in advancing this new technology frontier.
Your donation may reduce or offset your taxable income, while supporting crucial initiatives to defend and advance the blockchain ecosystem. The Foundation is registered as a 501(c)(3) charitable organization. Contributions to The Foundation are tax-deductible to the extent permitted by law.
Have some questions or would like to discuss your donation with the Foundation?
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The Foundation’s tax identification number is 47-4691352.
The Foundation will promptly provide you with an emailed receipt for your tax records for the value of your contribution. Consult your tax advisor for specifics.
What is the difference between The Foundation and The Chamber?
The Foundation of the Chamber of Digital Commerce is a 501(c)(3) nonprofit charitable organization and an affiliate of the Chamber of Digital Commerce. The Foundation is by law not allowed to engage in lobbying activities and was specifically formed to help accommodate the funding for research and education around digital asset and blockchain technologies. The Foundation is approved to collect charitable contributions. Such donations may be deducted, as set forth in the Internal Revenue Code, as a charitable contribution from the donor’s federal income tax.
The Chamber of Digital Commerce is a 501(c)(6) nonprofit membership organization. The Chamber is organized to promote the acceptance and use of digital assets and blockchain technologies. The Chamber does this through working closely with industry and the policy community to improve the business conditions of the blockchain industry. The Chamber is approved and registered to engage in lobbying activities. Contributions to the Chamber may not be deducted from the donor’s federal income tax return as charitable contributions but may be deductible, in large measure, as a business expense.