Transform your processes and leverage the potential of blockchain in charities:

1 in 3 Americans
doesn’t trust charities to spend their money well.
Source

Administration and fundraising аre charities’ second-largest costs after grants and charitable giving. Source


Key challenges for charities

Charities face declining donations among the young, increasing scepticism over CEO pay and concerns about where donations end up. At the same time, they struggle with inefficient, underfunded administration, often can’t direct aid adequately and frequently see the most vulnerable and needy miss out.

OpenLedger has extensive experience helping organizations improve performance in these key areas, including:

Administration inefficiency

Charities often struggle to create effective administration structures, resulting in avoidable waste

End-to-end giving chain

From donor to final recipient, charities are unable to establish a verifiable giving chain

Emergency aid

Rapid responses are difficult to organize effectively, particularly when multiple entities are involved

Fundraising for specific goals

Charities with broader remits find it hard to effectively fundraise for specific events or goals

Donor anonymity

Some donors wish to remain anonymous, but there are no structures in place to achieve this

Recipient targeting

Vulnerable recipients lose out while stronger ones jump the queue. It’s impossible to target specific individuals

Cross-border donations

Foreign donations can result in tax difficulties for charities, or even loss of charitable status

Establishing donor trust

Donor trust is vital to charitable giving, but it’s eroded by lack of transparency

Recipient identity

25% of children in refugee camps have no official identification, leading to difficulty accessing services in adulthood

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Blockchain for charity: applications

Non-profits range from NGOs the size of some governments to neighborhood organizations addressing local concerns. But they all need to work alongside communities, government, press and other charities to achieve their goals. Here are some key ways blockchain technology can facilitate that.

Automate administration

Smart contracts can automate common admin tasks, reducing strain on existing administrative staff and structures

Share data securely

Reduce data duplication and inaccuracies between organizations: use the same distributed ledger, secure and updated in real time

Trace individual donations

Blockchain creates a fully auditable chain of giving. Show donors exactly which person their money helped

Enable transnational donations

Show clearly where each individual donation came from and demonstrate tax and regulatory compliance

Establish verifiable identity

Blockchain can be a secure repository of verified identity, allowing those without documents to prove who they are

Accurately target aid

Ensure aid goes to the exact individuals who need it, checking their identities against the blockchain

Rapidly deliver emergency aid

Cooperate across agencies, geography and political borders to deliver emergency aid cohesively and rapidly

Donor anonymity

Anonymity correlates with larger donations; digital wallets can allow totally anonymous donations, eliminating ‘donation shaming’

Goal-based fundraising

Imitate the success of GoFundMe and Kickstarter goal-oriented crowdfunding, attracting donations for specific goals

Here's how blockchain improves charity funding and assets distribution:

Dots

Charities that use blockchain

World Food Program uses Building Blocks to support refugees

Unicef Australia created a web page where you can mine crypto for charity

St Mungo’s uses Alice, a blockchain platform that shows where your money goes

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Blockchain opportunities for charities

In addition to solving extant problems, blockchain solutions can enable charities and non-profits to deliver results in entirely novel ways that would be impossible without the blockchain. Here are just a few:

Fees and remittance

Debt can be a trap, made worse by slow processing. Blockchain is being trialled as a rapid, accurate and auditable solution for loan and fee repayment

Property rights

Ownership can disappear from clear view in conflicts and emergencies. Blockchain-based property registries can’t be tampered with or damaged locally

Unique food aid

Food is made traceable from farm to table through blockchain registry, ensuring that recipients know it’s safe to eat and charities and donors know they’re getting their money’s worth

Benefit from blockchain with OpenLedger

OpenLedger brings deep expertise in blockchain for charities and non-profits, including implementing existing technology, creating custom blockchain applications and even custom chains, and consulting with you to create a solution that meets your needs and transforms your processes.

  • Solve administration. Automate, decentralize and encrypt, and see admin costs plummet while efficacy and accuracy rise
  • Demonstrate transparency and accountability to donors, stakeholders and regulators
  • Track donations from individuals or to specific goals, right through to delivery
  • Give the right donations to the right people, every time — cut waste, improve effectiveness

Explore blockchain solutions for:

Supply chain

Supply chain

If you’re interested in the full range of blockchain solutions for supply chains, we have the experience and expertise to deliver.

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IoT

IoT

OpenLedger delivers innovative solutions combining IoT with encrypted, immutable, auditable blockchains.

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Logistics

Logistics

Improve your logistics processes with blockchain technology to gain competitive advantage and reduce operational costs.

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Healthcare

Healthcare

Use blockchain technology for better privacy protection, efficient data exchange, and secure patient data control in healthcare.

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Real estate

Real estate

Explore the benefits of blockchain in real estate, including data management and financial processing optimization.

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Insurance

Insurance

Transform your key processes and leverage the potential of blockchain in insurance industry.

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Automotive

Automotive

Whether it's ride-sharing, manufacturing, vehicle tracking, automotive interactions, blockchain can power your business.

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Retail

Retail

Build consumer trust, improve supply chain manageability, protect against counterfeit goods with blockchain for retail.

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Education

Education

OpenLedger brings a team of experienced blockchain developers and creates custom solutions for education projects.

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Agriculture

Agriculture

Improve distribution, establish farm-to-shelf supply audits for producers and consumers, and reduce food fraud.

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Legal

Legal

Automate the execution of agreements, provide a secure and maintainable database for documents.

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Why work with us

Extensive expertise

You’ll get access to the expertise both of our own blockchain products and of successfully implemented custom solutions

Extensive expertise

Cutting-edge solutions

The OpenLedger team is pioneering the frontiers of blockchain tech and employing it to drive your company’s success.

Cutting-edge solutions

Highly-skilled dev team

All our tech solutions are built by the in-house cross-functional team. The strongest blockchain specialists on the market will be working on your project

Highly-skilled dev team

Profound R&D

OpenLedger’s outstanding R&D department deeply researches unique ways of improving your products and services, so we can implement them together.

Profound R&D

We’d love to show how blockchain can help your charity institution:

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