4US is a non-partisan, real-time campaign finance compliance automation utility servicing political committees, non-profits, and campaign finance regulators.
Leveraging BlockApps STRATO, 4US is a blockchain network that unites committees, donors, vendors, banks, and regulators to automate compliance operations, improve law enforcement and restore trust in our democratic institutions.
A 2019 Gallup study found that only 20% of Americans are satisfied with the nation’s campaign finance system. While much focus has been put on proposed adjustments to the regulatory regime through policy initiatives, little attention has been paid toward improving the existing processes of compliance and law enforcement.
While much focus has been put on proposed adjustments to the regulatory regime through policy initiatives, little attention has been paid toward improving the existing processes of compliance and law enforcement.
A corrupted and mistrusted political finance system rots democracy at its core and serves as a model for its destruction worldwide.
4US addresses these challenges by reimagining campaign finance from the inside out and automating the core processes of data collection, real-time compliance enforcement, and transparent disclosure.
2020 – Partnership & Development
BlockApps and Schweitzer Laboratories partner to build the 4US campaign finance compliance system Built on STRATO, 4US is designed to restore trust in the political financing system through the security and transparency blockchain technology provides.
- Important for excluding or limiting donor demographics to limit risk
- Also an opportunity for to raise even more funding within donor limits
- Why Blockchain? (Smart contracts and private chains)
- Real-time compliance for incoming donations and outgoing expenditures for campaigns
- Can prevent non-compliant transactions before they happen
- Transparent and immutable provenance tracking for campaigns, regulators and the public
- Reduced transaction and compliance fees
- Dashboard of key data available including all transactions for campaigns with key alerts