Blockchain can facilitate philanthropic giving from "summary" of Blockchain Revolution by Don Tapscott,Alex Tapscott
One of the most powerful applications of blockchain technology is its ability to revolutionize philanthropic giving. Traditional charities often suffer from high overhead costs, lack of transparency, and inefficient distribution of funds. Blockchain can address these issues by providing a transparent and secure platform for donors to track their contributions and ensure that their money reaches those in need. Through smart contracts, donors can set specific conditions for their donations, ensuring that the funds are used for their intended purpose. This level of transparency builds trust between donors and charities, increasing the likelihood of continued support. Additiona...
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