From Clean Water Supply to Rebuilding Notre Dame: Crypto and Blockchain in Charity
Digital money has been gradually transforming the world’s charity landscape, involving governments and traditional nonprofits.
The technology that underpins cryptocurrencies has been gradually entering the charity sector, purportedly providing more transparency and trust to the industry — especially given a decrease in people’s trust in charity organizations, where the public is increasingly concerned about how charities spend raised money.
Governments and blockchain projects embrace charity space
Governments around the world have been showing increasing interest in blockchain deployment and digital currency adoption for philanthropy, although few of them have implemented clear regulations toward the new type of currency at the legislative level.