In recent years, the surge in crypto donations to charity has emerged as a significant trend, with remarkable growth witnessed in 2021. On Crypto Giving Tuesday, digital asset donations experienced a staggering 583% increase compared to the previous year, totaling $2.4 million in gifts. This rise in philanthropy through digital currencies reflects the growing interest … Read more
In 2020, financial institutions were fined over $10.6 billion for not following Anti-Money Laundering (AML) rules. Such a large number shows how vital it is to have a strong AML program. Without it, your company’s reputation and finances could suffer greatly. Knowing how to put in place the right AML steps and making complete AML … Read more
The Giving Block is revolutionizing charitable donations by providing a seamless solution for nonprofits and charities to fundraise Bitcoin and other cryptocurrencies. With trusted clients like the American Cancer Society and Save the Children, The Giving Block has raised millions of dollars in cryptocurrency donations. By streamlining the donation process and ensuring compliance with tax … Read more
Did you know non-profit organizations (NPOs) can easily be used for terrorist financing and money laundering1? It’s shocking to think how these groups, who help so many, could be in danger. This guide aims to show you how to follow Anti-Money Laundering (AML) rules, keeping your nonprofit safe and honest. Now, regulators see the need … Read more
Blockchain technology has emerged as a groundbreaking solution in addressing poverty alleviation, particularly for women. This article explores the transformative power of blockchain in empowering women, promoting financial inclusion, and creating equal opportunities. By leveraging its inherent characteristics of transparency, security, and decentralization, blockchain enables women to access tamper-proof credentials, overcome educational barriers, and achieve … Read more
Ethereum operations can cost up to 100,000 gas units. These costs highlight the need to grasp crypto wallet transaction fees1. On the Bitcoin network, fees range from $0.04 to $0.21. How fast you want your transaction confirmed affects this cost1. Fees are crucial for the blockchain’s health. They reward miners and keep the network running … Read more
Cryptocurrency donations have the power to transform the lives of children, providing them with the resources they need to thrive. Through a partnership between Children International and The Giving Block, individuals can make secure and tax-deductible donations using over 100 accepted cryptocurrencies. With the flexibility to choose their preferred digital currency, donors can maximize the … Read more
Did you know that 73 people are actively engaged in blockchain volunteer efforts within the CrowdDoing Blockchain/Crypto Currency/Smart Contracts Community Management1? This technology is key in many areas, including finance, healthcare, and saving our planet. Imagine you helping lead the change in finance or creating new social innovations. Volunteering in blockchain projects doesn’t just mean … Read more
Blockchain technology has emerged as a game-changing innovation, disrupting traditional industries and unlocking new possibilities. Its decentralized and transparent nature ensures unparalleled security, efficiency, and trustworthiness, making it an ideal solution for real-life applications. From supply chain management to healthcare systems, food safety, financial services, and more, blockchain is reshaping processes, enhancing transparency, and improving … Read more
Did you know 97% of donors think being open is crucial when choosing to give? Charities that are clear about their actions often get 53% more money the next year. This is compared to those that aren’t transparent12. About one-third of Americans worry charities don’t use donations well1. Blockchain donation tracking can change this. It … Read more