PolloPollo

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Overview

PolloPollo is an Obyte project run by Casper Niebe to:

  • Facilitate charitable donations being used as the donor intended, initially in Venezuela
  • Showcase the use of standard Obyte tools to do this

Basic principles

As part of the effort to go mainstream, Casper was required to provide a somewhat in-depth description of how PolloPollo works to the Danish Financial Supervisory Authority, so he wrote a rather extensive document for them. A translation of this appears as a 23 Feb 2020 Medium article, which goes into all the details about how the PolloPollo platform works, why it is possible for one entity to set up a shared wallet between other entities without having access to funds on it itself. It also outlines the basic features of Obyte that are being used, so hopefully it can also serve as inspiration to others wanting to get starting developing applications on Obyte.[1]

Website

The project website at www.pollopollo.org is online, but not yet fully up to speed.

  • Here is a short 2-minute video in English explaining how the platform works

Grant

On 5 June 2019 a grant proposal[2] was submitted to improve the website. The intro:

The real-world PolloPollo project aims to show how a charity platform built on Obyte, by eliminating the need for trust in intermediaries, would allow a donor to see his money being spent as intended. This is not currently possible and would disrupt the entire global charity industry.

A minimum viable product was realized by students from IT University of Copenhagen, Denmark as part of a course. Since launch, the platform has proven to work, and the project is ready to move to the next level.

The grant was approved. The detailed website improvements are listed in four phases. To date (Feb 2020), Phase 1 has been completed, and Phase 2 is ongoing.

Independent witness

On 6 Feb 2020, PolloPollo was announced as the 4th default independent witness (order provider).[3]

The future for PolloPollo

During 2020, it is our goal to contribute our knowledge and experience to educational institutions, charitable organizations and also regulatory authorities in Denmark. At the same time, we seek to acquire as much knowledge as possible in a variety of areas to better understand what improvements and additions can be made without risking regulatory conflict. We should avoid things that may be possible but which could bring the platform into legal trouble or undermine the integrity of the entire system.

These are some of the key goals for the platform in the current year:

  • Establish our legal position with the Danish Board of Charitable Organizations “ISOBRO”
  • Establish our legal position for current functionality with Danish FSA
  • Acquire knowledge of the regulations if donations are done using a stablecoin
  • Acquire knowledge of the requirements for KYC of donors and producers
  • Determine who, how, where and when to store KYC information
  • Establish the requirements to enable direct fiat-crypto-fiat donation facilities.[4]

External links

References