People love donating, but trust is at an all-time low. This trillion-dollar industry is plagued with scandal and rampant irresponsible spending. Sometimes, as little as 3% of a donation supports the cause it was intended for.
The result: Everybody Loses. The needy are deprived of funds, organizations lack the resources to make a significant impact, legitimate organizations are given a bad name and donors stop giving.
The Blockchain allows organizations to safely receive donations without the need for a centralized intermediary such as a bank. This lowers fees and allows organizations to accept both real (fiat) and digital (crypto) currencies.