Why do we use blockchain in our project?

World Help Disability Welfare Foundation
idac
Published in
1 min readNov 7, 2018

Blockchain is an extremely open structure, which does not require third parties to operate. It is this goal — the absence of intermediaries — which pursued the creators of bitcoin, when they developed a Protocol for the transfer of cryptocurrency from user to user. This is a fundamentally new type of accounting for transactions that are owned and managed by all users, rather than controlled by a single authority.

The high level of social responsibility, large sums of money, complex accounting, work with documentation — all these complicate the activities of any organization. Therefore, today many companies have adopted the blockchain and have already achieved the first results.

The new technology is primarily designed to eliminate corruption and opacity from areas that are difficult to control due to the large number of participants. Blockchain can completely change the principles of charitable platforms, allowing charitable organizations not to spend energy on marketing, but to engage in real help to those who need it. At IDAC we are confident that using blockchain the traditional way of charity can be challenged and changed for the better and we want to show how it can be done!

Lean more about us here: http://www.idacpro.io

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World Help Disability Welfare Foundation
idac
Editor for

A non-profit charity organisation based in Singapore. With the latest blockchain technologies we are able to help people globally on groundbreaking scales.