Build trust with donors, recipients, and other stakeholders, reach the
right people, and improve administration costs and efficacy.
Show donors the difference their
donation makes, acquire funds rapidly through crowdfunding and hand control to the people you help.
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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Contact UsBlockchain 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:
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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Contact UsBlockchain 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
