How Cryptocurrency and Blockchain are Changing Philanthropy.
Iman Mutlaq
Empowering womenpreneurs, professional leaders & innovators to lead financial change | Chairwoman @ INGOT Brokerage | 5X Forbes-Recognized power businesswoman | Transforming finance & leadership globally
This a very interesting read on how Cryptocurrency with the aid of Blockchain can reshape or even disrupt traditional philanthropy:
?More & more charities are accepting donations of Crypto in the past few years
?Tracking the flow of donations from donors to donees is more efficient through Blockchain, keeping corrupt agents at bay.
?Digital coins are crowdfunding social good non profit projects like Clean Water coin that was designed to raise money to deliver clean water for families around the world.
?Crypto through Blockchain improve the reputation of charities as a third of the US population do not trust traditional charities for their excessive overheads.
Source: cointelegraph
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