FORM 2
THE PATENTS ACT, 1970
(39 Of 1970)
&
THE PATENTS RULES, 2003
COMPLETE SPECIFICATION
(See section 10 and rule 13)
1. TITLE OF THE INVENTION: METHOD AND SYSTEM FOR A SECURE IMPACT-CHAIN PLATFORM

FIELD OF THE INVENTION
The present invention generally relates to the Impact investment and more specifically to the method and system for a secure impact-chain platform.
BACKGROUND OF THE INVENTION
The world of non-profit organizations, philanthropy, and social enterprise has been preoccupied with two powerful mantras in recent years. Since the early 1990s, the refrain of “accountability” has been ascendant, with funders, taxpayers, concerned citizens, and clients demanding that non-profits be more transparent about their fundraising and spending, how they are governed, and what they have achieved with the resources entrusted to them. A more recent manifestation of this discourse has centred on the mantra of “impact,” or demonstrating results in addressing complex social problems. This attention to impact, following on the heels of accountability, is mainly driven by funders who want to know whether their funds are making a difference or might be better spent elsewhere. It is also driven by an increasing professionalization of the sector, which has led to the emergence of common administrative norms including the use of credentialed experts such as auditors and evaluators.
However, the key challenge that remains is designing metrics and measurement systems to support the achievement of well-defined mission objectives of the social intervention. The most widely advocated set of approaches to social performance measurement involve an assessment of impacts or results, which are broadly labelled as “impact evaluation” and “outcome measurement”. In recent years,

there has been considerable progress in developing measurement and evaluation methods with numerous approaches being developed by prominent consulting firms, as well as a more deliberate emphasis on measurement by foundations and impact investors.
Charities, NGOs and social enterprises today face a tough funding environment: investments have long been stagnant in the West, and while impact investing is growing rapidly as a source of alternative social funding, it is still far from reaching its full potential. This is mainly due to the fact that social organizations aren’t transparent enough about their impact. As a result, fund investor s are losing trust, and have become obsessed with the “wrong kind” of transparency: social organizations are under massive pressure to cut costs, which has led to under- investment in talent and infrastructure, and shifted the focus away from the much more important issue of delivering real impact. In parallel, the lack of transparent impact data is problematic for institutional funders (grant-making bodies and impact investors): without it, they can’t benchmark social projects and identify those that are the most effective, which leads to unnecessary inefficiencies and exorbitant transaction costs.
Therefore, there is a need in art for a method and system for a secure impact-chain platform.
OBJECT OF THE INVENTION
An object of the invention is to provide a method and system for a secure impact-chain platform.

Another object of the invention is to help social organizations (charities, NGOs, social enterprises) to run projects transparently.
Another object of the invention is to provide a tamper-proof real¬time impact measurement tool with automated validation to impact claims.
Yet another object of the invention is to use smart contract-based incentives to ensure their impact is independently verified and accessible to everyone.
SUMMARY OF THE INVENTION
It is therefore an object of this invention to provide a method and system for a secure impact-chain platform.
According to one aspect of the present invention, there is provided a method (200) for a secure impact-chain platform, the method (200) comprising step of registration of one or more first devices (102a) associated with fund investors (302), registration of one or more second devices (102b) associated with social organizations (402), storing the registration data along with associated fund investors (302) and social organizations (402), in a data repository (108), receiving funding data related to transactions between fund investors (302) and social organizations (402) from one or more first devices (102a) and one or more second devices (102b), generating a smart contract (510) between one or more first devices (102a) and one or more second devices (102b) involved in the transactions, verifying and monitoring the smart contract based on one or more parameters; and notifying one or more first devices (102a) and one or more second devices (102b) upon

fulfilment or non-fulfilment of one or more parameters as per the verification. wherein, the smart contract involves an assessment of impacts or results.
In accordance with an embodiment of the present invention the
one or more first devices (102a) and one or more second devices (102b)
is selected from computer systems, tablet devices, mobile telephone
devices, server computer systems, handheld or laptop devices,
multiprocessor systems, microprocessor-based systems, set top boxes, programmable consumer electronics, network PCs, and a distributed cloud computing environments.
In accordance with an embodiment of the present invention, wherein the fund investors (302) are selected from philanthropic organizations, impact investors and small fund investor s.
In accordance with an embodiment of the present invention, the social organization (402) are selected from Responsible Economy Corporates, Social Entrepreneurs, Government Agencies, Aggregators, Non Profits.
In accordance with an embodiment of the present invention, the registration of one or more second devices (102b) associated with social organizations (402) contains information about the social organization, i.e., details about the organization and affiliated projects and contracts.
In accordance with an embodiment of the present invention, the funding data is collected from multiple participants across the supply chain using variety of interfaces including Mobile, Web, APIs, IoT devices and pushed into distributed ledger in the real-time to generate a digital identity for the physical commodity.

In accordance with an embodiment of the present invention, the smart contract captures all program data and conditions with built in validation and reporting logic.
In accordance with an embodiment of the present invention, one or more parameters are selected from impact goals, issued fund, remaining fund and next fund due date.
In accordance with an embodiment of the present invention, the step of verification is fascinated using one or more validator or artificial intelligence.
In accordance with an embodiment of the present invention wherein the fund investors (302) and social organisation (402) receive automatic notifications for regular progress report or whenever a project goal has been achieved (validated).
According to second aspect of the present invention, there is provided for A system (100) for secure impact-chain platform, the system (100) comprises a first device (102a) and second device (102b), a processing module (106) connected with the first device (102a) and second device (102b), the processing module comprises a memory unit (1062) storing a machine-readable instructions, a processor (1064) coupled with the memory unit (1062), the machine-readable instructions when executed by the processor (1064), configure the processor (1064) to register of one or more first devices (102a) associated with fund investors (302), register of one or more second devices (102b) associated with social organizations (402), store the registration data along with the associated fund investor (302) and social organizations (402), in a data repository (108), receive funding

data related to transactions between fund investors (302) and social organization (402) from one or more first devices (102a) and one or more second devices(102b) generate a smart contract (510) between one or more first devices (102a) and one or more second devices (102b) involved in the transactions, verify and monitor the smart contract based on one or more parameters and notify one or more first devices (102a) and one or more second devices (102) upon fulfilment or non-fulfilment of one or more parameters as per the verification. wherein, the smart contract involves an assessment of impacts or results.
In accordance with an embodiment of the present invention, the server (106) is selected from file server, print server, application server, web server, database server, proxy server, virtual server, monitoring and management server.
In accordance with an embodiment of the present invention the
one or more first devices (102a) and one or more second devices (102b)
is selected from computer systems, tablet devices, mobile telephone
devices, server computer systems, handheld or laptop devices,
multiprocessor systems, microprocessor-based systems, set top boxes, programmable consumer electronics, network PCs, and a distributed cloud computing environments.
In accordance with an embodiment of the present invention, wherein the fund investors (302) are selected from philanthropic organizations, impact investors and small fund investor s.
In accordance with an embodiment of the present invention, the social organization (402) are selected from Responsible Economy

Corporates, Social Entrepreneurs, Government Agencies, Aggregators, Non-Profits.
In accordance with an embodiment of the present invention, the registration of one or more second devices (102b) associated with social organizations (402) contains information about the social organization, i.e., details about the organization and affiliated projects and contracts.
In accordance with an embodiment of the present invention, the funding data is collected from multiple participants across the supply chain using variety of interfaces including Mobile, Web, APIs, IoT devices and pushed into distributed ledger in the real-time to generate a digital identity for the physical commodity.
In accordance with an embodiment of the present invention, the smart contract captures all program data and conditions with built in validation and reporting logic.
In accordance with an embodiment of the present invention, one or more parameters are selected from impact goals, issued fund, remaining fund and next fund due date.
In accordance with an embodiment of the present invention, the step of verification is fascinated using one or more validator or artificial intelligence.
In accordance with an embodiment of the present invention, wherein the fund investors (302) and social organisation (402) receive automatic notifications for regular progress report or whenever a project goal has been achieved (validated).

BRIEF DESCRIPTION OF THE DRAWINGS
The numerous advantages of the present invention may be better understood by those skilled in the art by reference to the accompanying figures in which:
Figure 1 is an exemplary environment of computing devices to which the various embodiments described herein may be implemented, in accordance with an embodiment of the present invention.
Figure 2 is a flow chart illustrating a method for a secure impact-chain platform.
Figure 3 illustrates an information flow diagram of registering and storing data at a data repository by the fund investor.
Figure 4 illustrate an information flow diagram of registering and storing data at a data repository by the social organization.
Figure 5 illustrate an information flow diagram of steps performed by the fund investor.
Figure 6 illustrate an information flow diagram of steps performed by the social organization.
Figure 7 illustrate an information flow diagram of steps performed by the validator.
DETAILED DESCRIPTION
The detailed description set forth below is intended as a description of various configurations of the subject technology and is not intended to represent the only configurations in which the subject

technology may be practiced. The appended drawings are incorporated herein and constitute a part of the detailed description. The detailed description includes specific details for the purpose of providing a thorough understanding of the subject technology. However, it will be apparent to those skilled in the art that the subject technology may be practiced without these specific details. Like or similar components are labelled with identical element numbers for ease of understanding. As used throughout this description, the word "may" is used in a permissive sense (i.e. meaning having the potential to), rather than the mandatory sense, (i.e. meaning must). Further, the words "a" or "an" mean "at least one” and the word “plurality” means “one or more” unless otherwise mentioned. Furthermore, the terminology and phraseology used herein is solely used for descriptive purposes and should not be construed as limiting in scope. Language such as "including," "comprising," "having," "containing," or "involving," and variations thereof, is intended to be broad and encompass the subject matter listed thereafter, equivalents, and additional subject matter not recited, and is not intended to exclude other additives, components, integers or steps. Likewise, the term "comprising" is considered synonymous with the terms "including" or "containing" for applicable legal purposes.
Figure 1. is an exemplary environment 100 for a secure impact-chain platform to which the various embodiments described herein may be implemented. Figure 1. illustrates a first device 102a associated with a fund investor who is looking to donate and invest his fund toward social benefits and a second device 102b associated with a social organisation who is looking for fundraising for their social projects. The first device 102a and second device 102b may be selected from a group

comprising mobile handheld devices (such as mobile phones, PDA and tablet PCs etc.), desktop PCs and notebooks etc The first device 102a and second device 102b are envisaged to be connected with one or more input devices (such as a keyboard, a camera, microphone etc.) (not shown) and one or more output devices (such as a display screen, speaker etc.) (not shown). In case of mobile handheld devices such as a smartphone, the one or more input devices and the one or more output devices may be integrally provided. The first device 102a and second device 102b are connected with a network 104. The network 104 may be one of, but not limited to, a Local Area Network (LAN) or a Wide Area Network (WAN). The network 104 may be implemented using a number of protocols, such as but not limited to, TCP/IP, 3GPP, 3GPP2, LTE, IEEE 802.x etc.
Further, connected to the network 104 is a processing module 106. The processing modules 106 are selected from but not limited to a processor, a microprocessor, and an operation Processing one or a combination of circuit components. The processing module 106 is envisaged to include computing capabilities such as a memory unit 1062 configured to store machine readable instructions. The machine-readable instructions may be loaded into the memory unit 1062 from a non-transitory machine-readable medium such as, but not limited to, CD-ROMs, DVD-ROMs and Flash Drives. Alternately, the machine readable instructions may be loaded in a form of a computer software program into the memory unit 1062. The memory unit 1062 in that manner may be selected from a group comprising EPROM, EEPROM and Flash memory.

Further, the processing module 106 includes a processor 1064 operably connected with the memory unit 1062. In various embodiments, the processor 1064 is one of, but not limited to, a general-purpose processor, an application specific integrated circuit (ASIC) and a field-programmable gate array (FPGA).
Further connected to the network 104 is a data repository 108. The data repository 108 may be a cloud-based storage or a local storage. In any manner, the data repository 108 is envisaged to be capable of providing the data to any of the computing devices connected with the network 104, when the data is queried appropriately using applicable security and other data transfer protocols. The data repository 108 is envisaged to store pre-determined optimum values of set of one or more evaluation parameter. The one or more evaluation parameter associated with plurality of skill-based questionnaires. The plurality of skill-based questionnaires is selected from company size & company presence, education & experience, knowledge & creativity, work impact & work context, team size- direct and indirect, managerial & supervisory control, communication intensity & framework, revenue capability, revenue contribution and budgetary control. Various embodiments of the present invention may now be understood with the exemplary environment 100 as a reference
Figure 2. is a flow chart illustrating a method 200 for a method for a secure impact-chain platform, in accordance with an embodiment of the present invention.
The method starts at step 202 where the inputs for registration of one or more first device (102a) are provided by the fund investor (302). wherein the fund investors (302) are selected from, but not limited to

philanthropic organizations, impact investors and small fund investors. Further, the inputs provided by one or more first device are the personal details, cause area of interest and bank details (encrypted to assure privacy) of the fund investor. During the registration, a digital unique identity is allotted to the fund investor and stored in the distributed ledger.
At step 204, where the inputs for registration of one or more second device (102b) are provided by the social organisation (402). wherein the social organization (402) are selected from, but not limited to responsible economy corporates, social entrepreneurs, government agencies, aggregators, non-profits. Further, the inputs provided by one or more second device are selected from, but not limited to the personal and organisational details, bank details, and past track record of the social organisation. During the registration, a digital unique identity is allotted to the social organisation and stored in the distributed ledger.
At step 206, the registration data provided by the fund investor and social organisation is stored at the data repository. The stored data is easily accessible when required or requested by the processing unit.
At step 208, The social organisation creates the project and sends an investment appeal for the project to the fund investor. The fund investor views the investment appeal request. After viewing the request and project details, the fund investor can decide whether would want to invest to the project or not. If the fund investor interested in the project, the fund investor accepts the request and make the initial transaction to the social organisation.

At step 210, After accepting the project the fund investor invests to the project and create a smart contract. The smart contract consists of all project’s performance impact data decided by the fund investor and social organisation, i.e. information about projects, including their assumptions, operational resources and their impact goals, is recorded in a way that is immutable, tamper-proof and publicly accessible. The smart contracts secure selective disclosure rules to ensure that only authorised people can access this data. On the completion of each goal a payment will be automatically transferred to the social organisation account from the fun investor. That help to automate payment flows between all stakeholders participating in the network.
At step 212, the project is verified and monitored time to time based on the one or more parameters decided in the smart contract. The one or more parameters are selected form the but not limited to impact goals, issued fund, remaining fund and next fund due date etc. wherein the verification of the project is facilitated using one or more validator or artificial intelligence.
At step 214, based on the verification and monitorisation the fund investor and social organisation receives automatic notification for regular progress reports or whenever a project goal has bene achieved.
Figure 3. illustrates an information flow diagram of registering of one or more first devices associated with fund investors (302) and storing the registration data at a data repository (108). Wherein the fund investor (302) is selected from but not limited to corporates, impact investors, philanthropies, foundations, family offices, funding agencies, government, and consumers etc. The fund investors register himself on the secure impact-chain platform through the processing module (106)

and must provide the inputs to the questionnaire necessary for the registration. Further, the inputs provided by the fund investor (302) are related to his/her personal and professional details.
Figure 4. illustrates an information flow diagram of registering of one or more second devices associated with social organization (402) and storing the registration data at a data repository (108). Wherein the social organization (402) is selected from but not limited to responsible economy corporates, social entrepreneurs, government agencies, aggregators and non-profits organization etc. the social organization (402) register himself on the secure impact-chain platform through the processing module (106) and must provide the inputs to the questionnaire necessary for the registration. Further,the inputs provided by the social organization (402) are related to his/her personal and professional details.
Figure 5. illustrates an information flow diagram of steps performed by the fund investor (302). The fund investor (302) requests to be on the platform and then added by an admin. After logging in the fund investor has his Dashboard, which is personalized to the user and would contain a feed with information about projects that might interest the fund investor (302), updates about the current projects affiliated, notifications for the fund investor and the fund investor (302) profile. The fund investor (302) receives a request of investment for new project on his dashboard. The fund investor views the requests sent to him, which would be the investment appeal (504). After viewing the project, the fund investor can decide whether or not they would want to invest to the project. If the fund investors accept the appeal, they make the initial investment (506) and create a smart contract (510) and protocols

for future investment which would be goal oriented. wherein the smart contract captures all program data and conditions with built in validation and reporting logic. If the fund investor rejects the appeal, then browse other projects (508). The fund investor can analyse and monitor the smart contract and set protocols (512) and has access to all the project reports of the current projects they are affiliated with, and thus has the option to read them at any point. They can also view the money transactions taken place and the schedule for future transactions. The fund investor can also call for one or several validators which are either human or automated and will take on the role of verifying the proof that project has achieved its goals. In order to do so, it can post a request for proposals, and invite validators to compete for the role. Based on the validation report from the validator, funds have been released of the pending payment (514) to the social organisation.
Figure 6. illustrates an information flow diagram of steps performed by the social organization (402). The social organization (402) requests to register on the platform and then added by an admin. wherein the registration of social organizations contains information about the social organization, i.e., details about the organization and affiliated projects and contracts. After registration, the social organization (402) has his Dashboard, which is personalized to the user and would contain a feed with information about the current ongoing projects, notifications for the deadlines and the social organization (402) profile. The social organisation (402) has access to create a project (604), where all the necessary information about the project are provided. After creating a project, the social organisation needs an investment, and they start sending an investment appeal (606) to various

fund investors. If the fund investor accepts the request for investment, then the fund investor creates a smart contract and investment protocol (608) with the social organisation. The social organisation starts work (612) as per the terms and protocols set in the smart contract. The social organisation has to updates all the status of the work and work report (614) to the platform and upon completion of the goals that are agreed on the smart contract the payment of that work have been released.
Figure 7. illustrates an information flow diagram of steps performed by the validators (702). When the project or goal has been achieved, the fund investor needs to check that his fund is utilized on right place or not. Then either the social organization or fund investor choose a validator to validate the project or goal achieved. The validator can be one or more human or artificial intelligence. The validator receives a request of validate a project or bid for the project validation. Once the validator accepts the project, he receives the project information and protocols that needs to validate. Also, the validator received the timely report of the project from social organization which needs validate. The validator validates (708) the project based on the data or information provided to him and issue the validation report. Further, the validation report (710) is sent to the fund investor. Based on the report the fund investor releases the pending payment of the project to the social organization.
The transactional data is collected from multiple participants across the supply chain using variety of interfaces including Mobile, Web, APIs, IoT devices and pushed into Blockchain ledger in the real¬time to generate a digital identity for the physical commodity. Blockchain creates a digital distributed ledger which is secure and

transparent, enabling trust across the entire supply chain (pre-defined workflow is created from Farm-to-Fork, Enrolment -to-Education and Access-to-Treatment for Agriculture, Education and Healthcare sectors. However, the studio allows to customize the workflow design and also create additional participants as desired). Connected eco system drives efficiency, reduces wastage and enables formal transactions. Permissioned access ensures only the right parties with requisite permission access the data using a simple QR Code or the trace ID. 3rd party applications can request data from the Blockchain using an authenticated token
Those of skill in the art would appreciate that various components and blocks may be arranged differently (e.g., arranged in a different order, or partitioned in a different way) all without departing from the scope of the subject technology.
The previous description is provided to enable any person skilled in the art to practice the various aspects described herein. The previous description provides various examples of the subject technology, and the subject technology is not limited to these examples. Various modifications to these aspects will be readily apparent to those skilled in the art, and the generic principles defined herein may be applied to other aspects. For example, while the foregoing was described in the context of a rewards or redemption program and associated liabilities, it will be understood that other applications may use aspects of the subject technology to track information and assess changing value as provided by the system and method disclosed. Thus, the claims are not intended to be limited to the aspects shown herein but is to be accorded the full scope consistent with the language claims.

We claim:
1. A method (200) for a secure impact-chain platform, the method (200) comprising step of:
registration of one or more first devices (102a) associated with fund investors (302);
registration of one or more second devices (102b) associated with social organizations (402);
storing the registration data along with associated fund investors (302) and social organizations (402), in a data repository (108);
receiving funding data related to transactions between fund investors (302) and social organizations (402) from one or more first devices (102a) and one or more second devices (102b);
generating a smart contract (510) between one or more first devices (102a) and one or more second devices (102b) involved in the transactions;
verifying and monitoring the smart contract based on one or more parameters;
notifying one or more first devices (102a) and one or more second devices (102b) upon fulfilment or non-fulfilment of one or more parameters as per the verification.
wherein, the smart contract involves an assessment of impacts or results.

2. The method as claimed in claim 1, wherein the one or more first devices (102a) and one or more second devices (102b) is selected from computer systems, tablet devices, mobile telephone devices, server computer systems, handheld or laptop devices, multiprocessor systems, microprocessor-based systems, set top boxes, programmable consumer electronics, network PCs, and a distributed cloud computing environments.
3. The method as claimed in claim 1, wherein the fund investors (302) are selected from philanthropic organizations, impact investors and small fund investors.
4. The method as claimed in claim 1, wherein the social organization (402) are selected from responsible economy corporates, social entrepreneurs, government agencies, aggregators, non profits.
5. The method as claimed in claim 1, wherein the registration of one or more second devices (102b) associated with social organizations (402) contains information about the social organization, i.e., details about the organization and affiliated projects and contracts.

6. The method as claimed in claim 1, wherein the funding data is collected from multiple participants across the supply chain using variety of interfaces including Mobile, Web, APIs, IoT devices and pushed into distributed ledger in the real-time to generate a digital identity for the physical commodity.
7. The method as claimed in claim 1, wherein the smart contract captures all program data and conditions with built in validation and reporting logic.

8. The method as claimed in claim 1, wherein one or more parameters are selected from impact goals, issued fund, remaining fund and next fund due date.
9. The method as claimed in claim 1, wherein the step of verification is fascinated using one or more validator or artificial intelligence.

10. The method as claimed in claim 1, wherein the fund investors (302) and social organisation (402) receive automatic notifications for regular progress report or whenever a project goal has been achieved (validated).
11. A system (100) for secure impact-chain platform, the system (100) comprising:
a first device (102a) and second device (102b);
a processing module (106) connected with the first device (102a) and second device (102b), the processing module comprising:
a memory unit (1062) storing a machine-readable instructions;
a processor (1064) coupled with the memory unit (1062), the machine-readable instructions when executed by the processor (1064), configure the processor (1064) to:
register of one or more first devices (102a) associated with fund investors (302);
register of one or more second devices (102b) associated with social organizations (402);

store the registration data along with the associated fund investor (302) and social organizations (402), in a data repository (108);
receive funding data related to transactions between fund investors (302) and social organization (402) from one or more first devices (102a) and one or more second devices(102b);
generate a smart contract (510) between one or more first devices (102a) and one or more second devices (102b) involved in the transactions;
verify and monitor the smart contract based on one or more parameters; and
notify one or more first devices (102a) and one or more second devices (102) upon fulfilment or non-fulfilment of one or more parameters as per the verification.
wherein, the smart contract involves an assessment of impacts or results.
12. The system as claimed in claim 11, wherein the one or more first
devices (102a) and one or more second devices (102b) is selected
from computer systems, tablet devices, mobile telephone devices,
server computer systems, handheld or laptop devices, multiprocessor
systems, microprocessor-based systems, set top boxes,
programmable consumer electronics, network PCs, and a distributed cloud computing environments.

13. The system as claimed in claim 11, wherein the fund investors (302) are selected from philanthropic organizations, impact investors and small fund investors.
14. The system as claimed in claim 11, wherein the social organization (402) are selected from responsible economy corporates, social entrepreneurs, government agencies, aggregators, non profits.
15. The system as claimed in claim 11, wherein the registration of one or more second devices (102b) associated with social organizations contains information about the social organization, i.e., details about the organization and affiliated projects and contracts.

16. The system as claimed in claim 11, wherein the funding data is collected from multiple participants across the supply chain using variety of interfaces including Mobile, Web, APIs, IoT devices and pushed into distributed ledger in the real-time to generate a digital identity for the physical commodity.
17. The system as claimed in claim 11, wherein the smart contract captures all program data and conditions with built in validation and reporting logic.

18. The system as claimed in claim 11, wherein one or more parameters are selected from impact goals, issued fund, remaining fund and next fund due date.
19. The method as claimed in claim 1, wherein the step of verification is fascinated using one or more validator or artificial intelligence.
20. The system as claimed in claim 11, wherein the fund investors (302) and social organisation (402) receive automatic notifications for

regular progress report or whenever a project goal has been achieved (validated).