Blockchain is useful for adding transparency to charities. Or is it?by@louigi-verona
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Blockchain is useful for adding transparency to charities. Or is it?

by Louigi Verona11mAugust 12th, 2019
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AIDChain is the first project of its kind that aims to use blockchain to assess charities. The project's whitepaper claims that it offers a lower cost of transaction, more efficient tracking of funds and transparency based on smart contracts. However, the picture painted by the authors is very misleading. Assessment of charities is more than tracking funds, and tracking funds is only part of it. The modern way to assess charity effectiveness is impact based (see Effective altruism) and involves a complicated analysis of the charity finances.

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