Bitcoin and Blockchain Technology: The Future of Philanthropy
Charities supporting children’s causes, victims of humanitarian disasters, the environment, scientific research or the arts raise millions of dollars in donations each year. Yet, while generous contributions continue to be made around the world, public trust and confidence in charities has been reported at its lowest recorded level. According to a 2016....
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Bill Pulte of Twitter Philanthropy discusses Bitcoin integration with Twitter Philanthropy and changing charitable giving dynamics.
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....
With cheap and scalable trustless systems, blockchain tech has the ability to drive industry adoption to a new level. When most people imagine the problems solved and industries disrupted by blockchain technology, the typical use cases come to mind: global currency, store of value and even a way to track goods on an immutable ledger.A good starting point in understanding what drives the adoption of new technology is to take a deeper look at human psychology and understand what motivates the average person to participate in the cryptocurrency space. As of now, the lion’s share of users who....
The Blockchain Technology Conference in Burj Al Arab, Dubai, is an event everybody with a passion for this technology needs to attend. With over 20 elite speakers discussing the future of the blockchain, Dubai will become the center stage where the future of technology will be shaped. Blockchain Technology Conference in Dubai. Most people know Bitcoin as....
Chinese corporate giant Ant Financial, led by billionaire venture capitalist Jack Ma, is introducing blockchain technology to the Alipay donation application. The added feature will utilize a distributed ledger platform to record collected donations. Ant Financial’s Alipay Goes Blockchain. Ant Financial Services Group is a subsidiary of the Chinese....