Blockchain to restore trust in nonprofit organizations

Trust is an important part of any business, whilst some may not consider non-profits as businesses given that they are not after profits, as an organization, they are pretty much still a business offering a service that brings value, only that this value is targeted at a select part of the society.

The profits from such businesses are not to be internally leveraged, by design. But to be pushed for external services. The most common nonprofit, which is our primary focus here, are Charities.

While I for one don't believe that giving away money solves anything, Charities are not exactly a free money organization, rather, organizations giving aid to a population that cannot realistically help themselves.

Now I understand that not all Charities are as defined, some are really just set up to tax the public into the pockets of a few.

That said, some Charities understand the game and play it well. No community can thrive on a weak population, the goal of charity organizations should be to pull the weak into a stage of being capable, then push them into sectors where they can build something for themselves and the society.

Problem?

This almost never happens. Not the aid part, but the part where those having received aid are moving to build a better society. If we have such cases, I don't think it would add up to anything significant.

Transparency In Charities

Giving is not a problem for humans, I've talked about this a couple of times in relation to taxes. Despite how terrible a people we are sometimes, humans tend to give out. The only problem is that when a human is “fooled into giving” or gives and doesn't get appreciated or that giving becomes a problem, then the chances of not giving next time goes up.

There are plenty of research resources online on giving and many points to people losing interest in it. Some say the government should do that and others say they simply don't trust Charities and some say it's not beneficial to society in the grand scheme of things.

For the last one, I have to assume that this comes from people looking at aids given to people capable of fending for themselves. It is true, giving fish to such people rather than teaching them how to fish is an economic waste.

Charities should be going to people really in the dirt.

One other problem with Charities I found was the lack of transparency in how funds received are used. Of course, established Charity organizations try to be as open as possible but things happen and people suddenly come out to ask for aid.

Such event-based aid seeking often lacks details on how the requested funds will be used which is crucial for people to give because nobody wants to give to a cause that will not be fulfilled, rather, a few people will become rich.

Blockchain to restore trust

Blockchain will restore trust to charities. The ability to trace how funds are used by a charity organization increases the chances of such organizations receiving more funds if the last was well utilized.

The loss of interest in Charity works is one of the things that shows how our society is growing isolated, and it's alarming. Our existence is threatened by this but we seem to be laughing it off over some gayass Netflix show.

There's a saying: “An Idle Mind Is The Devil's Workshop”.

Whilst being isolated or detached from the world does not necessarily translate to being idle, always being by oneself could create a deluded way of thinking that blocks compassion for the world or an acknowledgement of public opinions on matters.

Blockchain can restore cooperation and trust in our society. It may take time, but its very design allows it to be used for a lot of good things.

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