GiveTrack™: NOW LIVE! Real-time financial transparency and project outcomes. The future of philanthropy is real-time tracking of funds and driving more outcomes on the ground. Join us in leveraging blockchain technology to revolutionize philanthropy. BitGive: Facilitating Bitcoin Donations Since the establishment of the BitGive Foundation in 2013, the nonprofit organization has been revolutionizing the way in which people donate to charity; in fact, it is the first 501(c)(3) registered nonprofit in the Bitcoin space. Connie Gallippi, founder of BitGive, said to Bitcoin Magazine that the number of donations largely trends with the price of bitcoin; when the price is up, the organization sees more donations. “Early on, it was a novel and interesting way to give, so there was more attention on it in the media,” she said. For BitGive’s projects specifically, it also correlates to the amount of time and effort they have put into a charity or campaign and how much their mission and projects interest potential donors, Gallippi added. In December, BitGive announced the beta launch of GiveTrack, a blockchain-based multidimensional donation platform that provides the ability to transfer, track and provide a permanent record of financial transactions across the globe from beginning to end. By leveraging blockchain technology, GiveTrack enables a high level of confidence in donors, who can see exactly where their donation is going and how the funds are being used. By implementing the technology with charities, Gallippi believes it connects people with the technology. “Offering them an explanation as to how this technology can improve the work of charities, and ultimately drive more impact toward causes they care about, makes the technology more approachable and more relevant to a mainstream audience,” she said. https://bitcoinmagazine.com/articles/bitcoin-and-blockchain-technology-future-philanthropy/
| Types | Organization |
| Start date | 2013 |