Published on August 3rd, 2018 | by bitcoin0
Moral resistance, described
Scandals have hit confidence in the charity sector, but blockchain and cryptocurrency could improve accountability and transparency.
It teamed up with a blockchain platform called Alice to launch a fundraiser which aims to raise $66,000 to help 15 long-term rough sleepers rebuild their lives.
Through blockchain, charities can cut the transaction fees associated with accepting payments from donors and transferring money to those in need.
Blockchain paves the way for a clear record of money going in and out of an organization to be recorded on an immutable ledger.
Numerous companies have opened foundations with a goal of giving back to the community, often with an emphasis on educating people about blockchain.