Charity monitoring organization BBB Wise Giving Alliance (WGA) recently launched the blockchain-based GiveSafely.io donation platform. The solution aims to provide a safe way to donate and ensure the money reaches the charity while preserving data privacy. Participating charities include Save the Children and Cure Alzheimer’s Fund.
The WGA is an offshoot of the U.S. non profit Better Business Bureau (BBB). BBB WGA helps donors make informed decisions by producing reports on about 1,300 national charities. The organization evaluates charities based on the 20 BBB Standards for Charitable Accountability, following which the charities receive accreditation from the BBB WGA.
GiveSafely.io lists BBB Accredited Charities, which the users can give to using PayPal or cryptocurrency. The platform aims to attract young and technologically proficient donors, which also happen to be a demographic that is more inclined towards charitable donations. It is also running a token-based rewards system for donors who wish to share their personal information.
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