{"title": "Advancing Blockchain Adoption in Philanthropy", "logoImg": "bafkreiapektiex4f3lsjxauxd4qpbjophi7erz2cvf6xc5cbp6obtwll44", "website": "https://anuinitiative.org", "createdAt": 1722980345662, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..LAQ0uoKDAFXhFs22K9Bqn9hquz6QcIsLh3azgFHe9n5iHDKcrEfoCdZdrvQlbCXCSprx4NOEnWkeJro5oSaMCg", "type": "Ed25519Signature2018", "created": "2024-08-06T22:37:07.168Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-08-06T22:37:07.168Z", "expirationDate": "2024-11-04T22:37:07.168Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x8b64990A6684586a68d36873f53f055838DFB340", "hash": "v0.0.0:ASLHbm56smj8BfmPFTBZ8mC/C7MoqNh0n15nUd8Lu6k=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#DanielofAnu"}}}, "description": "\ud83d\udcddProject Summary:\nThis project aims to explore and enhance the adoption of blockchain technology in the philanthropic sector by conducting comprehensive research into the expectations, requirements, and challenges faced by charitable organizations.\n\nThe goal is to develop an open-source framework that provides actionable insights and best practices for implementing blockchain solutions, ultimately fostering transparency, accountability, and efficiency in charitable operations.\n\n\ud83d\udd2cBackground and Motivation:\nThe recent study, \"Blockchain Technology in Philanthropy: An Inquiry into Transparent and Accountable Giving,\" highlighted the slow adoption of blockchain technology in the philanthropic sector.\n\nDespite its potential to revolutionize transparency, efficiency, and donor engagement, many charities remain hesitant due to a lack of understanding and resources.\n\n\ud83d\udcca Research feedback: coindesk.com/opinion/2024/07/17/philanthropys-blockchain-uptake-is-slow-but-future-is-bright/\n\n\ud83d\udcca Full research report: https://forum.anuinitiative.org/t/an-inquiry-into-transparent-and-accountable-giving/90\n\n\ud83d\udd0dKey Findings:\n\ud83e\udde9Only 13.4% of charitable organizations have implemented blockchain technology, with only 9.8% planning future implementations.\n\ud83e\udde9Nearly half the charities using blockchain also reported that blockchain use resulted in increased frequency or amount of giving by donors because of enhanced trust in the organization and process of giving.\n\ud83e\udde9Blockchain has shown promise in enhancing transparency, reducing administrative costs, and increasing donor trust.\nSignificant barriers exist, including lack of awareness, perceived complexity and risks, and concerns over energy consumption and relevance.\n\n\ud83c\udfafObjectives:\n\ud83d\udd0eIdentify Charitable Sector Needs:\n\u2022\tInvestigate specific problems charities expect blockchain to solve.\n\u2022\tUnderstand how blockchain tools can align with existing business models and operational needs.\n\ud83d\udd0eDevelop Onboarding Guidelines:\n\u2022\tExplore requirements for seamless onboarding, focusing on usability, cost-effectiveness, and integration with current processes/systems.\n\ud83d\udd0eCreate an Open-Source Framework:\n\u2022\tCompile findings into a comprehensive framework, including best practices, case studies, and platform analyses.\n\u2022\tMake this framework publicly available to support charities and other sectors in adopting blockchain technology.\n\n\u2699\ufe0fMethodology:\nSurvey and Interviews:\n-Conduct surveys and interviews with a diverse range of charitable organizations to gather insights into their expectations and challenges regarding blockchain adoption.\n\nCase Studies:\n-Analyze successful blockchain implementations in the philanthropic sector to extract best practices and lessons learned.\n\nFramework Development:\n-Compile research findings into an open-source framework that includes detailed guidelines, tools, and resources for blockchain adoption.\n\nDissemination:\n-Share the framework through webinars, workshops, and collaborative platforms to engage stakeholders and foster community knowledge sharing.\n\n\u23f0Timeline:\nPhase 1 (Months 1-2): Conduct surveys and interviews.\nPhase 2 (Months 3-4): Analyze data and compile case studies.\nPhase 3 (Months 5-6): Develop and refine the open-source framework of reference.\nPhase 4 (Month 7): Disseminate findings and engage stakeholders.\nPhase 5 (Month 9-12): Make it a Public Good.\n\n\ud83c\udfc1Expected Outcomes:\n\u2022\tIncreased awareness and understanding of blockchain benefits among charitable organizations.\n\u2022\tA publicly available framework that provides actionable insights for blockchain adoption.\n\u2022\tEnhanced transparency, efficiency, and donor engagement in the philanthropic sector.\n\nThis project will provide the philanthropic sector with the knowledge needed to harness blockchain technology's potential, promoting a more transparent and accountable approach to charitable giving. It will also provide builders points of reference for what is required from the charity sector depending on area of impact.\n\nBy creating a robust framework and fostering collaboration, I aim to pave the way for transformative change in both the charitable and scientific communities\n\n\ud83e\uddd1\u200d\ud83e\udd1d\u200d\ud83e\uddd1Collaborators:\n\nRupen Patel - EY Consultant\nhttps://www.linkedin.com/in/rupen-patel-073668138/\n\nDrew Simon - Crypto Altruism\nhttps://www.linkedin.com/in/drew-simon/\n\n\ud83d\udcdeContact Information:\nDaniel Mihai\nFounder, Anu Initiative\nE-mail: daniel@anuinitiative.org\nX: danielofanu\n", "logoImgData": {}, "projectTwitter": "danielofanu"}
Advancing Blockchain Adoption in Philanthropy
📝Project Summary:
This project aims to explore and enhance the adoption of blockchain technology in the philanthropic sector by conducting comprehensive research into the expectations, requirements, and challenges faced by charitable organizations.

The goal is to develop an open-source framework that provides actionable insights and best practices for implementing blockchain solutions, ultimately fostering transparency, accountability, and efficiency in charitable operations.

🔬Background and Motivation:
The recent study, "Blockchain Technology in Philanthropy: An Inquiry into Transparent and Accountable Giving," highlighted the slow adoption of blockchain technology in the philanthropic sector.

Despite its potential to revolutionize transparency, efficiency, and donor engagement, many charities remain hesitant due to a lack of understanding and resources.

📊 Research feedback: coindesk.com/opinion/2024/07/17/philanthropys-blockchain-uptake-is-slow-but-future-is-bright/

📊 Full research report: https://forum.anuinitiative.org/t/an-inquiry-into-transparent-and-accountable-giving/90

🔍Key Findings:
🧩Only 13.4% of charitable organizations have implemented blockchain technology, with only 9.8% planning future implementations.
🧩Nearly half the charities using blockchain also reported that blockchain use resulted in increased frequency or amount of giving by donors because of enhanced trust in the organization and process of giving.
🧩Blockchain has shown promise in enhancing transparency, reducing administrative costs, and increasing donor trust.
Significant barriers exist, including lack of awareness, perceived complexity and risks, and concerns over energy consumption and relevance.

🎯Objectives:
🔎Identify Charitable Sector Needs:
•	Investigate specific problems charities expect blockchain to solve.
•	Understand how blockchain tools can align with existing business models and operational needs.
🔎Develop Onboarding Guidelines:
•	Explore requirements for seamless onboarding, focusing on usability, cost-effectiveness, and integration with current processes/systems.
🔎Create an Open-Source Framework:
•	Compile findings into a comprehensive framework, including best practices, case studies, and platform analyses.
•	Make this framework publicly available to support charities and other sectors in adopting blockchain technology.

⚙️Methodology:
Survey and Interviews:
-Conduct surveys and interviews with a diverse range of charitable organizations to gather insights into their expectations and challenges regarding blockchain adoption.

Case Studies:
-Analyze successful blockchain implementations in the philanthropic sector to extract best practices and lessons learned.

Framework Development:
-Compile research findings into an open-source framework that includes detailed guidelines, tools, and resources for blockchain adoption.

Dissemination:
-Share the framework through webinars, workshops, and collaborative platforms to engage stakeholders and foster community knowledge sharing.

⏰Timeline:
Phase 1 (Months 1-2): Conduct surveys and interviews.
Phase 2 (Months 3-4): Analyze data and compile case studies.
Phase 3 (Months 5-6): Develop and refine the open-source framework of reference.
Phase 4 (Month 7): Disseminate findings and engage stakeholders.
Phase 5 (Month 9-12): Make it a Public Good.

🏁Expected Outcomes:
•	Increased awareness and understanding of blockchain benefits among charitable organizations.
•	A publicly available framework that provides actionable insights for blockchain adoption.
•	Enhanced transparency, efficiency, and donor engagement in the philanthropic sector.

This project will provide the philanthropic sector with the knowledge needed to harness blockchain technology's potential, promoting a more transparent and accountable approach to charitable giving. It will also provide builders points of reference for what is required from the charity sector depending on area of impact.

By creating a robust framework and fostering collaboration, I aim to pave the way for transformative change in both the charitable and scientific communities

🧑‍🤝‍🧑Collaborators:

Rupen Patel - EY Consultant
https://www.linkedin.com/in/rupen-patel-073668138/

Drew Simon - Crypto Altruism
https://www.linkedin.com/in/drew-simon/

📞Contact Information:
Daniel Mihai
Founder, Anu Initiative
E-mail: daniel@anuinitiative.org
X: danielofanu

Advancing Blockchain Adoption in Philanthropy