Very interesting round-up of the crypto-giving space, which is making waves in unexpected ways. Traditional aid agencies and charities have had to deal with a lot of reputational damage in recent years, with scrutiny about the behaviour of execs, costs transparency etc.
Whilst hoping that the good work of many of these organisations can recover from the effects of this in time, it’s refreshing to learn about the work going on globaly within the crypto community, and new pathways to direct donation and support. The censorship-resistance and clarity of the blockchain is perfectly suited to deepening the connection between aid donors and recipients in a trustless way, which creates real potential for reducing global inequality
Crypto-philanthropy: How Bitcoin and Blockchain Are Disrupting the World of Giving Paul Lamb Feb 12, 2018 Much of the growing interest in bitcoin and other digital currencies has focused on individual financial gain. At the same time there is an exciting trend toward leveraging so-called cryptocurrencies for philanthropic purposes. […]