29 May, 2018
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A jargon-free think piece on an exciting technology for charities and social enterprises.
Blockchain has the potential to revolutionise the charity sector. It offers huge but as yet untapped benefits to charities – from ensuring the right recipients receive what they are due, to modernising charitable giving and offering donors real-time visibility of where their funds are being spent and what impact it’s having.
Despite the potential benefits, the charity sector is currently behind the curve on blockchain technology. There are currently too few examples of blockchain use in the charity sector. The sector urgently needs to engage with the technology, given that it is revolutionising sectors – like banking – that charities already rely on.
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