How Blockchain Technologies Can Enhance Cross-Industry Transparency

Interview with Changpeng Zhao, CEO of Binance

inc. magazine
Inc Magazine

--

Credit: imaginima/E+/Getty Images

By Kenny Kline

The blockchain disruption is underway.

Not only are blockchain technologies transforming a variety of industries, but they’re also reshaping workflows for many cross-industry tasks, from supply chain management to data security and even advertising.

Now, blockchain technologies are poised to enhance cross-industry transparency via improvements to charity and donation programs.

I spoke with Changpeng Zhao, CEO of the cryptocurrency exchange company Binance, which runs the Blockchain Charity Foundation (BCF) — a wing of the company that’s devoted to global sustainable development. He shared how blockchain technologies can enhance transparency within a huge range of industries by making donation and charity systems easier to track and understand.

The Trouble with Current Donation Systems

There are so many disparate industries these days that it can be challenging to find any commonalities beyond death and taxes. But here’s one thing most industries have in common: At least some people and organizations within said industries are likely to participate in charity or…

--

--

inc. magazine
Inc Magazine

Everything you need to know to start and grow your business now.