Blockchain - the killer of charitable corruption! ! !

Blockchain technology can greatly influence the mode of fundraising and operation of charitable funds.

First, transparency is high, and the fund accounts raised can all be open and transparent, and anyone can monitor;

Second, the operating costs are low. The transaction on the blockchain can be done point-to-point. You can directly donate money to a designated person or organization, thereby reducing operating costs.

The third is the establishment of an excellent trust system, because the demand for third parties from donors is eliminated (the charity will no longer rely on other institutions, such as banks, governments, etc.), and donors can make donations without worrying about whether their money is He used.

Taken together, the blockchain can be said to be the killer of charitable corruption.