Bitcoin Companies to Support Charities With The Bitcoin Cup

Bitcoin is changing the way we think about money and transactions, and during its brief existence has changed the way not only businesses operate, but has also been instrumental in setting new standards for charities. The cryptocurrency gets a bad rap as being a tool of drug dealers or other unsavory criminal elements, but it has changed thousands of lives through its application in unconventional charities (recently dubbed "Bitcoin charities.") These charities shatter preconceptions of what a deflationary currency can be used for and how aid gets directly to those in need. Bitcoin....

The benefits of blockchain technology are creating new operating models for many types of organizations. Charities, which manage large amounts of money, require complex accounting and conduct a lot of research, have much to gain from blockchain technology as digital transactions and smart technology increase. The Charities Aid Foundation (CAF), based in London, U. K., recently released a 20-page report, "Giving Unchained - Philanthropy and the Blockchain," which examines how blockchain technology will affect the way charities raise money and operate. The report presents an example of how....

Millions around the globe have got World Cup Fever and one organization is bringing a novel idea to spread the word about the advantages of Bitcoin. Aptly named the Bitcoin Cup (or BitCup), the organization is focused on using the global appeal of the digital currency to help local communities and charities, demonstrating the usability and simplicity of the emerging technology. Sponsored by BitPay, the Bitcoin Donation Cup is bringing together some of the most well-known companies in the Bitcoin community and making it possible to utilize bitcoin to support a variety of charitable programs....

What would the impact be if people could donate crypto to charities? First and foremost it will be recognition from the charities part that crypto currency is a real currency. It will also portray the average crypto currency user as a “normal human being” that had the brains, the guts and the will to do something different. So the people’s perception will change toward crypto currency users. This recognition can go both ways. The media picks up on the fact that crypto will be accepted by charities and that it is a good thing. That way the crypto landscape will get some much needed positive....

Giving to charities has been one of the highlighted use cases of crypto-currency. The Dogecoin community is known for its philanthropic campaigns; some of the world’s largest charities have started accepting Bitcoin donations as well. Now, there is Charitycoin, a crypto-currency designed to incentivize Bitcoin donations. Charitycoin.co.uk has compiled a list of over 10,000 charities, including Amnesty International UK and The Salvation Army. Charitycoin will match each English pound worth of Bitcoin donated to one of the 10,000 charities with an equal donation through Just Giving, a social....