Heart: a blockchain-based donation platform for charitable giving
We developed a single solution for charities and donors alike where charities can promote their projects and get donations in the form of convertible crypto assets. Donors can send money from their e-wallets and track the supported projects’ progress in real-time, with donations automatically sent once the project achieves specific goals.
Blockchain applications in charity
Use case 1. Lowered administration costs
Marketing and fundraising expenses have a significant part in donations, making those more expensive than they could be for donors.
Provide a universal database where donors and recipients could meet, blockchain-powered, intermediary-free, low-cost, and cryptographically secure.
Use case 2. Cost-effective remittances
Cross-border giving is volatile in terms of expenses; the final cost of a donation deal depends on fees conditioned by the regulatory environment of a corresponding country.
Thanks to its distributed nature, blockchain has no geographical borders and isn’t tied to any region, meaning that you can donate funds overseas without extra fees.
Use case 3. Secure donations
Traditional giving processes between donors and recipients are fraud-susceptible; donations might go to the wrong hands or end up for the wrong cause.
Perform transactions through blockchain-powered digital wallets to prevent fund theft and trace the donation path to end recipients.