Giving Tuesday: Bringing Transparency to the Non-Profit Sector
BitGive foundation, a bitcoin and blockchain technology-based non-profit organization has announced its launch of the Giving Tuesday campaign, a donation transparency project aimed to leverage the Bitcoin network and the distributed ledger technology for social good. The decentralied and transparent nature of the Bitcoin network's blockchain technology allows anyone on the network to publicly trace and track transactions. Using the same concept, BitGive enables donors and organizations to easily trace their donations and see exactly how their funds are being allocated and disbursed. "We....
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Giving Tuesday is coming December 1st and this year BitGive the first 501(c)(3) Bitcoin nonprofit is using its donations towards their Bitcoin Charity 2.0 Initiative. The plan is to create a transparency platform for donors and organizations using the blockchain for philanthropy. Founded in 2013 by Connie Gallippi BitGive was one of the first nonprofit charities representing the grassroots Bitcoin community. The organization has helped charity partners such as Save The Children, The Water Project, Medic Mobile, and more. The nonprofit has completed campaigns that have helped people access....
Social and philanthropic use cases involving bitcoin have increased over the years, helping to push its adoption. This year, the bitcoin community is aiming to demonstrate once again how important bitcoin is as an opportunity for charitable giving with Bitcoin Giving Tuesday. Held each year after Black Friday, Bitcoin Giving Tuesday — an extension of the global #GivingTuesday — is when charities, companies and individuals raise money for their favorite causes. Taking place this year on November 29, Bitcoin Giving Tuesday is a new global movement that aims to raise the awareness of....
In today's day and age, most people are completely unaware that many charities are charged a fixed transaction cost for every deposit into their bank account. Because of this, charities almost never see the entirety of donations given to them to help fight their cause or aid others. Also read: Bitcoin Microtransaction Advertisements Cause Issues for Some Bitcoin Websites. In order to raise awareness and provide philanthropists with a way to give every single bit of their donation to causes they care about, the Bitcoin Foundation, BitGive Foundation and Bitcoin Black Friday are teaming up....
Since making its way into crypto-space, Ethereum has continued in charting new courses and providing improved technology for creating smart contracts. On Tuesday the developers at ether.camp announced on its blog the release of what they called ‘Ethereum Full Transparency.’ The new product will provide better transparency of transactions and enable regular people to create useful contracts. Better transparency of transactions. This development was inspired by the need for regular individuals to be able to create their own smart contracts. Roman Mandeleil, CEO and Founder of ether.camp,....
BitGive Foundation announced the launch of blockchain-based GiveTrack payment system for non-profit industry. Bitcoin’s underlying blockchain technology is known for transparency, something which the non-profit sector is in dire need of. BitGive Foundation, the world’s first Bitcoin non-profit organization with a 501c(3) status now has a solution that allows donors to keep track of their donations. The blockchain-based solution, called GiveTrack is a donation platform developed by BitGive’s development team. The GiveTrack platform offers unprecedented transparency to non-profit fundraising....