Blockchain available: Blockchain + Charity

Barely, P Plus supports. In the face of disasters like the new pandemic and the floods in Henan, everyone in our country has been able to support themselves. However, at the end of the day, volunteering is a minority and most people choose to give their money through charities.

However, the transparency of Korean charity is now low. Institutional trusts will also be depleted.

When people choose to donate, they are actually choosing to trust the donation channel. Human kindness should never turn into a cold heart. The expansion and transparency of charity have become pressing issues that need to be addressed.

The cost of the grant cannot be estimated. In recent years, our country's total community participation has exceeded 100 billion yuan per year, and by 2020, the spread will reach 225.313 billion yuan.

In terms of cash flow, charities act as a bridge between donors and recipients, creating large lakes of cash, which can be very difficult if left untended.

More recently, giving has highlighted the differences between small and large scale, and openness and acceptance of charities often compare favorably with trust and strong support.

Blockchain technology has the characteristics of flexibility, openness and transparency, and team monitoring, so that it can solve the problems of the current organization.

Features of blockchain technology can make the process free, open, and transparent. All donations can be tracked by blockchain technology throughout the process. The information is public, transparent, searchable and not falsified.

It is also possible to introduce smart contracts at the bottom of the blockchain, modeling rules for donations to ensure funds are transferred before donations are sent and donations can be paid directly to the event. or people who meet the free standard of smart contract rules. , to make sure your money goes where you really need it. For charity platforms, the use of blockchain technology can increase reliability, simplify intermediary processes, and reduce operating costs.

As of 2016, many owners are using blockchain devices to track payments and donations, but often have issues with restricted access and limited data tracking.

It is believed that in the future, blockchain technology may be used more in the charitable field, which will help people regain confidence in the charitable sector and increase charity and public health more accurately, transparently, reliably. and trustworthy.

"Every kindness should be kind, every concern should be answered, and every trust should not be discouraged."