Topic: NGO Transparency (Read 159 times)
Most NGO's are not accountable for the donations that they receive from their donors and whether they are actually using the money for it's intended purposes at all. Most NGO's are created just to enrich it's founders only.
I think that everything that involves the money of other people for another's use must be 'confidentially transparent'. What do I mean by these? Well, we all know that these two concepts are two different and contrasting words. However, I believe that we can achieve transparency that we need without cmpromising its confidentiality. I think that we need to find ways in order for the selective people to monitor ones money without leaking it to other people or without the interference of people who are not involved in the said financial matter. It is because that if we are practicing the system this way, we will avoid negative monetary issues and will promote fluidity and harmony when it comes to financial matters.
Lots of Social charity are helping communities out there, they are taking donations in thousand of dollars and millions of fiat currencies, but is there any system over internet by using we can know how and where our money is getting spend ? Is is possible to build a application on Blockchain which will make every transaction is transparent ?
Donating Entity + Receiving Entity = Area of spending
Even though such platform is created what are the possibility that the Private Entity + Government Entity will accept it. All these big entities says they are helping these communities, but we can't see any transaction proof of what the actual Amount of Money is getting on hands of these communities worldwide.
Well, Poseidon foundation is a non-profit organisation that is committed to empower individuals, governments and corporates to participate in climate actions. Poseidon uses Stellar Luna blockchain platform that introduces transparency and traceability to make and track an impact where it matters most – forest conservation. Also, we only fund projects that are land based, because as you said, especially with climate organisation, its hard to have proof or tangible results of all donations and contributions.
If you interested and want to read more click here https://poseidon.eco/
Donating Entity + Receiving Entity = Area of spending
Even though such platform is created what are the possibility that the Private Entity + Government Entity will accept it. All these big entities says they are helping these communities, but we can't see any transaction proof of what the actual Amount of Money is getting on hands of these communities worldwide.
Well, Poseidon foundation is a non-profit organisation that is committed to empower individuals, governments and corporates to participate in climate actions. Poseidon uses Stellar Luna blockchain platform that introduces transparency and traceability to make and track an impact where it matters most – forest conservation. Also, we only fund projects that are land based, because as you said, especially with climate organisation, its hard to have proof or tangible results of all donations and contributions.
If you interested and want to read more click here https://poseidon.eco/
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Converting Mining over "Internet of Transactions"
Lots of Social charity are helping communities out there, they are taking donations in thousand of dollars and millions of fiat currencies, but is there any system over internet by using we can know how and where our money is getting spend ? Is is possible to build a application on Blockchain which will make every transaction is transparent ?
Donating Entity + Receiving Entity = Area of spending
Even though such platform is created what are the possibility that the Private Entity + Government Entity will accept it. All these big entities says they are helping these communities, but we can't see any transaction proof of what the actual Amount of Money is getting on hands of these communities worldwide.
Donating Entity + Receiving Entity = Area of spending
Even though such platform is created what are the possibility that the Private Entity + Government Entity will accept it. All these big entities says they are helping these communities, but we can't see any transaction proof of what the actual Amount of Money is getting on hands of these communities worldwide.
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