Build trust with donors, recipients, and other stakeholders, reach the right people, and improve administration costs and efficacy. Show donors the difference their donation makes, acquire funds rapidly through crowdfunding and hand control to the people you help.

Non-profits range from NGOs the size of some governments to neighborhood organizations addressing local concerns. But they all need to work alongside communities, government, press and other charities to achieve their goals. Here are some key ways blockchain technology can facilitate that.

Automate administration

Smart contracts can automate common admin tasks, reducing strain on existing administrative staff and structures

Share data securely

Reduce data duplication and inaccuracies between organizations: use the same distributed ledger, secure and updated in real time

Trace individual donations

Blockchain creates a fully auditable chain of giving. Show donors exactly which person their money helped

Enable transnational donations

Show clearly where each individual donation came from and demonstrate tax and regulatory compliance

Establish verifiable identity

Blockchain can be a secure repository of verified identity, allowing those without documents to prove who they are

Accurately target aid

Ensure aid goes to the exact individuals who need it, checking their identities against the blockchain

Rapidly deliver emergency aid

Cooperate across agencies, geography and political borders to deliver emergency aid cohesively and rapidly

Donor anonymity

Anonymity correlates with larger donations; digital wallets can allow totally anonymous donations, eliminating ‘donation shaming’

Goal-based fundraising

Imitate the success of GoFundMe and Kickstarter goal-oriented crowdfunding, attracting donations for specific goals

Key challenges for Grants & Contributions

Grants & contributions face declining donations among the young, increasing scepticism over CEO pay and concerns about where donations end up. At the same time, they struggle with inefficient, underfunded administration, often can’t direct aid adequately and frequently see the most vulnerable and needy miss out.

OneLedger has extensive experience helping organizations improve performance in these key areas, including:

Administration inefficiency

Grants & contributions often struggle to create effective administration structures, resulting in avoidable waste

End-to-end giving chain

From donor to final recipient, Grants and contributions are unable to establish a verifiable giving chain

Emergency aid

Rapid responses are difficult to organize effectively, particularly when multiple entities are involved

Fundraising for specific goals

Grants and contributions with broader remits find it hard to effectively fundraise for specific events or goals

Donor anonymity

Some donors wish to remain anonymous, but there are no structures in place to achieve this

Recipient targeting

Vulnerable recipients lose out while stronger ones jump the queue. It’s impossible to target specific individuals

Cross-border donations

Foreign donations can result in tax difficulties for grants and contributions, or even loss of charitable status

Establishing donor trust

Donor trust is vital to charitable giving, but it’s eroded by lack of transparency

Recipient identity

25% of children in refugee camps have no official identification, leading to difficulty accessing services in adulthood