Wednesday, September 12, 2018

Good Citizen Network Uses Blockchain Technology To Ensure Transparency Of Donations

Good Citizen Network Uses Blockchain Technology To Ensure Transparency Of Donations

The Good Citizen Network (GCN), a social platform that provides volunteers, non-profit organizations, donors and other organizations with a safe way of transferring donations and services to each other, demonstrates its transparency and reliability. This is due to the use of Blockchain technology.

Blockchain is welcomed as a revolutionary development, which is a system of public registers, which makes hacking almost impossible.

Catherine Chen, the founder of GCN, notes that up to 90% of donations on the Internet today are not redirected to their original goals. Because of this insecurity, more and more people shy away from volunteering and donations.

With blockchain technology, the public register system makes everything open and accessible, using distributed register technology, which is unchanged. When philanthropists begin to make donations through GCN, they can publicly see where their donation goes, without worrying about appropriating money.

The post Good Citizen Network Uses Blockchain Technology To Ensure Transparency Of Donations appeared first on Bitcoin News.



from Bitcoin News https://www.cryptocynews.com/good-citizen-network-uses-blockchain-technology-to-ensure-transparency-of-donations/
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