Bitcoin the Foundation to Enable Transparency and Accountability for Social Impact
Diego Gutierrez Zaldivar
Nonprofits have the need to provide transparency and accountability to donors by sharing financial information and direct project results in order to maximize their social impact. Bitcoin is the foundation that enables them to transfer funds to virtually anywhere, have significantly faster transaction time, lower fees, while providing security, and transparency in real time. Moving NGO funds across borders in a secure and transparent manner means more funds get to the cause faster, having more impact on the ground. Ultimately, deploying this technology at scale and leveraging all of its benefits can aid in moving the needle on major issues facing our global society, which currently we are only able to slowly chip away at, without much significant change.