ABOUT


CHARITY.RUN LLC's blockchain technology will improve how charitable running events work around the world. The platform will improve the efficiency of managing donations through modern technology and gives people clear views of their gifts making an impact.

ABOUT ABOUT ABOUT

THE PROBLEM
  • Primary concerns in charitable giving are transaction fees charged on contributions, potential corruption by the middlemen administering funds and services, and lack of accountability within nonprofits and other NGOs as to spending.

  • The traditional charity model is rooted in the pre-digital age where it is necessary to collect donations (cash or non-cash), and often physically transport them to those in need. Between banking and foreign exchange fees, fraud, middle-men, and transport costs, this process has become costly and quickly reduces the powerful impact of donations.


THE SOLUTION
  • Blockchain technology can help solve problems in charity by a donation system administered via blockchain. Blockchain enables the decentralization and secure storage and transfer of information and has already proven itself to be a robust tracking and transaction tool. It can minimize friction, reduce corruption, increase trust and empower users.

  • Blockchain philanthropy aims to allow access everywhere and provide transparency with real-time data. It provides for cryptographic security, low to no fees, and quick settlements with confirmations.