Only 1% of organisations currently accept cryptocurrency as donations, according to a 27-page 2018 Global NGO Technology Report. Ripple’s XRP is of great benefit to those who send money back home to their families in developing countries by drastically reducing the cost of remittances. Charity experts believe it will take another ten years before this form of currency goes mainstream. Charities Aid Foundation wrote a 22-page report praising blockchain as a revolutionary way to make NGOs more transparent and bring trust back to philanthropic organisations.
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Olivier Acuna
@olivier-acuna
Journalist since 1984. In Web3 since 2018. Writer, reporter, ghostwriter, marketing, and Public Relations.