Published On: Thu, Dec 7th, 2017

Giftcoin Brings Blockchain Technology to Charities for Greater Transparency

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Giftcoin is a new and transparent approach to fundraising that is backed by third sector luminaries including ALS Ice Bucket Challenge pioneer Jon Duschinsky.
London, UK – 6 December 2017:  Giftcoin, the blockchain start-up that brings transparency and trust to charities, has announced its token sale, due to commence on the 12th January 2018. Giftcoin’s donation tracking technology will redefine the relationship between charity and donor by bringing trust back into the equation. Donors will be able to see the true value of their donations by understanding where and how they are spent.
Giftcoin’s platform has been specifically designed to revolutionize the way people donate. Donations are converted into the Giftcoin cryptocurrency, allowing the subsequent path of the contribution to be tracked from end-to-end using blockchain, while providing immutable proof of transactions. It will close the feedback loop by sending donors a notification when their gift is spent and, crucially, informing them about how their money has been used.
The technology further drives fundraising by encouraging social media sharing, turning each donor into a social advocate of the charity and helping them to spread awareness. Charities already signed up to the platform include The Optimum Health Clinic …

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