Philanthropic activities worldwide have often been associated with lost funds, delays, and fraudulent activities. Transparency and efficiency of philanthropic activities are the core issues that need desperate attention.
This article will explore a few platforms that desire to use technology and change the status quo of philanthropy. They aim to usher in an era of transparent donations, efficient deliveries, and check fraudsters.
Core Issues in Philanthropy
Many issues have surrounded philanthropy throughout its modern existence. Lost and stolen funds are the most disturbing aspects of traditional philanthropy. Simon Price, CEO of a former charity home for animals, stole almost $1 million from a charity.
Another core issue is the late arrival of funds when they are needed. In the well-known Twin Parks fire incident in New York, only $1.65 million was distributed among residents out of $4.58 million. Most of the funds are stuck due to several reasons.
Further, many communities fro
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