Blockchain For Good
By domino.vote on Altcoin Academy
Over the last couple of years, blockchain technology has been constantly on the rise. No wonder — blockchain offers a secure way to authenticate transactions and prove ownership over digital assets without any intermediary, which is a game-changer in the growing number of industries. At first, it has drawn the attention of the wider public thanks to cryptocurrencies, including the most popular one — Bitcoin. Now, more and more eyes are turning to the blockchain and international organizations are among them. It shouldn’t be surprising — blockchain answers the needs and challenges of modern NGOs that are obliged to be 100% transparent and to cut operational costs as much as possible. According to the UNCTAD Digital Economy report released on 4 September 2019, Blockchain is one of the top trends that shape the digital economy and therefore affect SDGs (Sustainable Development Goals) and in this context, it’s often called blockchain for good.
What Does Blockchain For Good Mean And Why Should Non-Profits Care?
First of all, information on the blockchain is transparent by design — blockchain is a…
