A Charitable Blockchain-based Asset Marketplace (CBAM) Online Platform Where You Get Paid for Charitable Donations with Cryptocurrency
Get Paid at Market Price for Charitable Donation of Assets

Blockchain technology will transform charity work.
Completely turn it upside down.
Up until now, the problem with charity foundations and charitable donations was the prevalence of corruption within the establishment, the lack of transparency in operations, and the lack of funds from external sources.
The reason for this was the lack of an established way to verify the integrity of the transactions made by the charity fund owners.
Another issue was that very few people had the surplus to donate their assets for no monetary benefit.
This limited charity to the ultra-rich.
Thus, charity work was only for the rich and wealthy.
Those who needed financial help had to sell their assets for traditional money.
But now, things have changed.
The blockchain tracks every aspect of every transaction and is immutable by definition and implementation.
Cryptocurrencies have created economic value through tokenization.
From production to consumption and utilization, the complete record of every dollar donated to the charity foundation is tracked.
This transparency means that fraud and mismanagement of funds as we know it today will stop.
There will be miscreants, but the scams now have to be far more sophisticated, leading to easier detection and identification as fraudulent transactions.
Trust levels will soar.
An online website marketplace can be created that tracks donations of all kinds — food, water, books, money, clothes, utensils, digital content, land, any asset whatsoever — in a blockchain.
We shall call this cryptocurrency market for donations from anyone the Charitable Blockchain-based Asset Marketplace (CBAM).
To motivate donations — you can get paid for them.
Donations will no longer be donations, they will be sales.
Payment will be in cryptocurrency at their market value price.
This charity blockchain asset marketplace can offer a cryptocurrency ICO (initial coin offering).
Thus donations to the Charitable Blockchain-based Asset Marketplace (CBAM) can be rewarded with their true monetary value in cryptocurrency.
So it’s no longer donations anymore.
It’s a transaction paid for by cryptocurrency.
In fact, an online CBAM website platform that is built on the model of Amazon.com as an inspiration can be created.
On the Amazon-styled site, asset donations will be made for an equivalent amount of cryptocurrency and the assets themselves be given to the poor and the underprivileged for free along with detailed documentation of their value and current condition (in the blockchain, of course).
Since the blockchain allows complete transparency, the condition and the status of a donated asset is tracked from donation to consumption or receipt.
Based upon their location and their needs, the poor and the underprivileged can be supplied with a mobile app on a government-funded free Android smartphone.
They can be assigned goods according to their needs, all levels of poverty tracked on yet another blockchain.
The resources for funding the CBAM can also be paid for by cryptocurrency.
Literally, cryptocurrency to the rescue!
Fund infrastructure and startup costs in cryptocurrency.
This enables significant pioneering work to be performed at minimal costs.
So charity work becomes profitable and useful for both the donor and for the society, not just the poor.
The cryptocurrency ICO will generate funds for the Charitable Blockchain-based Asset Marketplace (CBAM) organization.
Salaries, payments, purchases, rent, resources, nearly every expense can be paid for with cryptocurrency.
What more could you ask for?
Need for Government Regulation
However, all this good work could be lost if the cryptocurrency was subject to market volatility.
If the value for the cryptocurrency tokens were allowed to change over time, the entire ecosystem of the CBAM online platform could be compromised.
It would thus be best to involve an external government agency to fix the value of the cryptocurrency at different prices in different countries.
This value could be equivalent to the usual currency or a carefully chosen value favorable to the underprivileged.
It is important to carefully regulate this area of the CBAM operation so that third-world countries no longer fall into debt and poverty.
By creating value in the form of cryptocurrency tokens, poverty can be eliminated in many countries of the world as we know it today.
Cryptocurrency gives the ability to individuals to create monetary valuation by themselves — something strictly restricted to governments earlier.
This restriction has resulted in the income gap between the rich and the poor and the current inequalities in society today.
Cryptocurrencies can change that — for good.
However, there needs to be an external agency of some sort, at least so that all parties involved in the CBAM transactions do not deviate from their contractual agreements.
This might be a use case for smart contracts such as those available in Ethereum today.
While that would manage a large portion on enforcing those laws that are valid to every marketplace, an external law enforcement agency is still required.
This creates a conundrum.
In a privately owned and privately operated sector, how will a government be able to play a neutral role?
Might not the government simply do what is most profitable for itself?
For the CBAM to become a reality, the government has to become as free and as fair as — well — the blockchain itself.
Utilizing the Blockchain Everywhere
If society has another phase of technological evolution, I believe that the blockchain will pervade every aspect of our lives and be as revolutionary and disruptive as the Internet has been.
For the first time, the people are in control and the individuals have been granted authority by the established powers.
The blockchain, for the first time, guarantees free and fair transactions wherever it is used, without the need for a trusted third party.
That is a favorable result.
In every aspect of our lives where we want free and fair transactions, a blockchain environment can be utilized.
But we want freedom and fairness in everything that we do.
Thus, I conclude, every single place where a database is in operation today, a blockchain ecosystem will operate tomorrow.
That is a remarkably sweeping statement, and there is a very real risk involved.
Hackers — the Criminals of the Future
This is something that is already happening today.
Everywhere a blockchain is used, a hacker can penetrate the system and break the system of security being used, escaping with massive amounts of money as a result.
Massive amounts of money (millions of USD) have already been lost by several cryptocurrency exchanges because of criminal hackers.
This will always happen, since — as long as computers have existed — there has never existed a system which is 100% fully secure against attacks.
Even in a functional system, if a blockchain implementation expert has criminal tendencies, the people building the blockchain system could hack it from within.
As the world moves towards total Internet connectivity and a virtual life —
We must always expect the unexpected and never consider any system to be free from security flaws.
As every hacker understands, that assumption is in itself a security flaw.
Gaming the system and escaping with virtual currency is a very real risk for the citizens of the future.
How we deal with it will define our future world.
In a very real sense.
Dealing With Hackers Effectively
Counter-intuitively, the only way to effectively deal with hacking is to encourage it.
All the source code of every software system that exists has to be put in the public domain — made open source.
This is the only way we can ever deal with this issue.
Once a system is fully operational, expose the source code — and reward the hackers.
Grant huge bug bounties and monetary rewards to everyone who hacks your code and shows it to you.
Make hacking legal.
Even encourage it.
Because crowd-sourcing will end up as the only way to avoid being hacked by criminals.
Open sourcing the code, with enough freelance hackers to test it for vulnerabilities, and substantially rewarding those who succeed with rewards allowing them to do it full-time, is the only way forward.
It needs to be said — it is now more important than ever that all children learn to code.
The future of computer system security lies in the hands of ethical hackers.
Which also means that the future of the world as we know it now also depends upon expert hackers who possess as much expertise as the criminals.
Open source your code.
Reward those who break into your system and patch the vulnerability immediately — yourself.
Patch the vulnerability from within.
Then again encourage the hackers on the outside to break into the system.
Rinse and repeat as required.
Any other approach is doomed to fail.
There is no security system that cannot be bypassed at some level or the other.
If nothing else, the developers can create backdoors in the software that they create for dishonest gain.
Without open-sourcing production code, no one will ever know whether they have already done so for sure.
Open source is very much the future for all source code that will ever be deployed.
In the new virtual, Internet-enabled, cryptocurrency-based, technologically vulnerable society of the future.
