People love donating, but trust is at an all-time low. This trillion-dollar industry is plagued with scandal and rampant irresponsible spending. Sometimes, as little as 3% of a donation supports the cause it was intended for.
The result: Everybody Loses. The needy are deprived of funds, organizations lack the resources to make a significant impact, legitimate organizations are given a bad name and donors stop giving.
The Blockchain allows organizations to safely receive donations without the need for a centralized intermediary such as a bank. This lowers fees and allows organizations to accept both real (fiat) and digital (crypto) currencies.
GBA member organizations that are using blockchain technology to solve these problems are listed at www.gbaglobal.org/organizations/categories/donations
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Ireland's Four Courts
2051 Wilson Blvd · Arlington, VA
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