What is Blockchain: Why You Should Care - The Giving Block

What is Blockchain: Why You Should Care

by

What is Blockchain: Why You Should Care

Blockchain is here to stay and no industry is immune to its impact. What could being at the forefront mean for your organization?

untitled image

If you were to walk into Times Square in New York City, or Champs-Élysées in Paris and ask a passerby to define blockchain, you would more than likely be met with a look of perplexity. If the vast majority of people in major cities on the planet don’t know what this is…why should you care?

Blockchain is not just innovative, but transformative. It has the power to unlock a technological renaissance the likes of which has not been seen since the advent of the internet. Look no further than the Apples and Amazons of the world to understand the power of being a first mover in a time of technological revolution.

Of course, for nonprofits, the goal is not to dominate a marketplace, but to have an impact of the highest order on the sphere to which your institution is dedicated. So ask yourselves – if your organization had more thoroughly understood the internet and where it might have been heading in 1995, how much more could you have accomplished?

What if you had been part of the first 1% of nonprofits to create an online database with a resource center for patients; the first 1% to leverage a crowdfunding platform; to accept credit card payments through a website?

Perhaps more relevant in the near term – what if your organization had been part of the less than 1% of nonprofits with a donor acquisition strategy for the people getting rich from the rise of the internet. Furthermore, what if all of those Gates and Zuckerbergs would only give in a specific currency or assett – a currency or asset that would be taxed dramatically if they liquidated it – and you were one of the less than 1% of organizations who accepted it. This is the ecosystem today for blockchain.

About The Giving Block

The Giving Block makes Bitcoin and other cryptocurrency fundraising easy for nonprofits. Empowering mission-driven organizations, charities, universities, and faith-based organizations of all sizes to leverage crypto technology to achieve their mission. Discover why cryptocurrency is the fastest growing donation method for Millennial and Gen-Z donors, at TheGivingBlock.com.

| Reading Time:
JOIN OUR NEWSLETTER

Related Articles

Security & Compliance: The Cornerstones of The Giving Block’s Partnership with Gemini The Giving Block's partnership with Gemini provides nonprofits with secure and compliant crypto donation solutions. Learn how regulatory compliance and robust security help organizations safely accept and manage cryptocurrency donations.
Donate Other Cryptos We are able to process some donations of cryptocurrencies that aren't listed in The Giving Block's Donation Form. Please read this information and/or contact us to verify.

Featured Articles

JOIN OUR NEWSLETTER

Related articles

Donation Donation Form | The Giving Block How Does Bitcoin Support Financial Freedom? Posted in: Donors Bitcoin helps bank the unbanked as a decentralized system, but what does that mean? Find out how Bitcoin and other cryptocurrencies support financial freedom. Read more
Donation Donation Form | The Giving Block Turkey and Syria Earthquake Response: A List of Nonprofits Helping in the Aftermath of the Turkey and Syria Earthquakes Posted in: Cause Awareness, Donors You can support charities helping in the aftermath of two powerful earthquakes that hit Syria and Turkey, devastating the countries. Read more
What Are Donor-Advised Funds For Cryptocurrency? Posted in: Donors, Nonprofits, Ways to Give Donor-advised funds (DAFs), one of the fastest-growing philanthropic vehicles, can now accept cryptocurrency contributions from donors. Read more