blockchain technology in charity

Blockchain technology in charity enhances transparency and trust. It is a secure digital ledger that records all transactions across a network of computers. For charities, this means every donation can be tracked from the giver to the recipient, ensuring funds are used as intended. Donors can verify how their contributions are spent, which reduces fraud and increases accountability. Moreover, blockchain can facilitate direct donations to specific projects, bypassing intermediaries. This technology fosters a more efficient and trustworthy ecosystem in the charitable sector, encouraging greater giving and community support.