save the children tshirt

Blockchain and charity: the strange couple

26 January 2023

Category

Blockchain is not just a new way of making money, but it could be also a new model to make charity. On the occasion of the final conference of the Blockchain & Distributed Ledger Observatory, Save The Children was selected by Digital Innovation Observatories among the beneficiaries of a demo on the functioning of onchain voting in a DAO. This demonstrated the potential of blockchain technology and a possible application in the field of charity.

During the event funds was raised in stablecoins among t Partners and Sponsors and this given the opportunity to all event participants to scan a QR Code and redeem an #NFT ERC-721 on Polygon network. The token gave the possibility to take part in the last phase of the demo which consisted of a vote that took place during the event. In fact, the participants were able to vote on the charity to which to allocate the funds in cryptocurrencies. The smart contract allocated a third of the funds raised to the entity with the highest number of preferences and divided the remainder among the other entities.

SOURCE: Savethechildren

Recent Post
Binance and CZ violate law

Binance and CZ violate law

Loro Piano blockchain fashion Palo Alto

Fashion meets technology: Loro Piano introduces the traceability of garments on blockchain

Automotive: Lancia makes its debut in the metaverse

Automotive: Lancia makes its debut in the metaverse

Fujitsu likes cryptocurrencies

Fujitsu likes cryptocurrencies 

versy logo

From Text to VR: the new ride

Harvest Keeper stolen 1M$ from users

Harvest Keeper: stolen $1M from users 

1 2 3 36
TheMetaEconomist 2022 - Privacy / Cookies
crossmenu