Red Cross Will Bring Transparency Using Blockchain
AID:Tech, a startup from Dublin, has partnered with the Irish Red Cross to develop a solution for improving donations transparency. The two parties involved use the blockchain technology to create a new app.
Christmas season is a special time of the year. Irish Red Cross empathizes with that. The charity organization cooperates with AID:Tech to develop tool granting more transparency in donations.
Charity and blockchain
Danny Curran, Director of Growth at AID:Tech, said in the blog post on Medium:
“We are striving to improve transparency in the donation process, and therefore providing a platform to engage with donors. With this app, not only can you tell where your donation was spent, but also for what, and how much.”
The company is very proud of the cooperation with Red Cross. Grace Ma, firm’s Program Manager, is convinced that having an organization like the Irish Red Cross is not just a vote of confidence for AID:Tech, but for the mainstream use of Blockchain technology.
The app is called ‘TraceDonate’. It will allow individual donors to donate funds to individuals, groups, and appeals which are created and managed by each NGO and charity. Donors can also view and trace their donations in the app.
Liam O’Dwyer, Secretary General of the Irish Red Cross, hopes that his organization will enable those who support the work of the Irish Red Cross to track their donations and in turn further promote transparency in the sector. He said that the Red Cross wants to become “the benchmark for the donation process, and our relationship with AID:Tech provides us with that opportunity.”
Image by Janossy Gergely / shutterstock.com
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