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How is Blockchain Technology Reshaping the Philanthropy Sector?

ByJason Fernandes

How is Blockchain Technology Reshaping the Philanthropy Sector?

With the development of Internet technology, there are more and more information access channels for people, all the charity work has become more open and transparent. Many problems have come to the fore in the philanthropy process.

There are various incidents of scams in this field, funds and stuff received in charity for helping needy people were not used in where they should be used.

Thus with time, the interest of people in these charity projects has declined drastically. Young people avoid such philanthropy work and they see all the charity work as a scam. But, the situation is changing in the last few years and something better is happening in this area.

Why Blockchain Technology?

After revealing the truth, the internet and technology now have another responsibility – solving problems and making the donation process credible again. And no one can beat blockchain technology in this respect.

People and companies working in this field and want to make this world a better place are looking at blockchain with so much hope. And there are many reasons to believe.

As the fundamental technology of bitcoin, blockchain is decentralized, non-tamperable, anonymous, and traceable, with great potential to replace traditional industries. a blockchain is a

Distributed database system consisting of many independent nodes.

The entire database is maintained by nodes throughout the network. Blockchain can record all transaction information, the process of which is efficient and transparent and the data is admiringly secure.

Blockchain is a technology and institutions and people who have a fear of cryptocurrencies are also in support of the adoption of blockchain technology in traditional structures especially in the banking field.

Blockchain technology can be effectively used to manage and distribute funds in the disaster area and crypto transactions with blockchain can provide a safe and convenient way to donate to difficult areas even with a GSM network.

Blockchain will make transactions instant and receiving help will be effortless. That’s why many Charity projects are managing the working of their charity system with blockchain technology.

There is also one more reason for trusting Blockchain technology, this technology is way ahead of any other technology, frauds seem impossible with it. And it also automates all the major processes which keeps it running in the most authentic way.  

Is there any charity project based on Blockchain?

Yes, RC Token is here for the people who really need our help. Revolution Charity is a Blockchain project which aims to guide all charities in the right direction i.e. small NGOs. With Revolution Charity Token (RCT) they are streamlining the process of charity.

The project is making sure that donors also get something in return and that’s why the project provides an opportunity for donors and investors to make profit with staking and liquidity mining.

By investing in Revolution Charity Token (RCT) you can give a new better life to many needy people. So don’t waste your time here and there and help others and grow together. Invest in RCTs now!

About the author

Jason Fernandes contributor

This is Jason Fernandes. I am a digital marketer and content writer, with over 10 years of experience in writing digital content for a range of industries, including but not limited to business, marketing, finance, blockchain, among others. For the past some years, I have been assisting startups & enterprises in the blockchain industry with effective promotion of their crypto/ICO projects in order to help generate leads, investment and buzz.

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