CharityBlue
Empowering warmth in a Decentralized World: CharityBlue - Where Crypto Give a Better Life to the Real World.
Created on 26th August 2023
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CharityBlue
Empowering warmth in a Decentralized World: CharityBlue - Where Crypto Give a Better Life to the Real World.
The problem CharityBlue solves
In traditional charity fundraising, we often encounter certain concerning issues.
One of the main issues is the lack of transparency and trustworthiness. For
donors, there is no sure way to know exactly how the charitable funds have been
utilized or whether they have reached the intended beneficiaries. This can lead
to doubts and concerns about whether the charitable funds are being used
effectively and for the intended purposes.
Another issue in traditional charity fundraising is the high cost and time
consumption. The fundraising process often involves multiple intermediaries
and administrative procedures, from collecting cash to paperwork processing,
fund management, and distribution. This not only incurs operating costs but also
significantly delays the process and causes delays in delivering the funds to the
recipients.
Both of these issues can impact the trust and engagement of donors. However,
with the development of blockchain technology and the implementation of
smart contracts, we can overcome these limitations and create a charitable
fundraising environment where people can trust and participate in a more
transparent and efficient manner.
Challenges we ran into
The challenge we face is geographical distance, everyone in the team is in different locations, so the exchange, unification of ideas and implementation will be more difficult to do and must be done 100% online. Besides, we also have difficulty in improving the project so that transparency and security are improved. We also have to check and test the logic and code continuously to make sure everything is good.
Tracks Applied (2)
Web2 to Web3
NEAR Foundation
Web3 Code Challenge
NEAR Foundation