What is Blockchain: Why You Should Care

by | Oct 5, 2019

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.

Subscribe for the Latest Updates

Related Articles

Cryptocurrency Taxes For 2022: How To Reduce Liability & Invest In Good If you own cryptocurrency like Bitcoin, you may owe taxes on it. Prepare to file your next tax return and discover how you could minimize your cryptocurrency tax burden.
Donate Other Cryptos We are able to process some donations of cryptocurrencies that aren't listed in The Giving Block's donation widget. Please read this information and/or contact us to verify.

Featured Articles

Subscribe for the Latest Updates

Related articles

UPDATE-MENTAL HEALTH | The Giving Block 5 Ways Your Crypto Donation Can Support Mental Health Awareness May 12, 2022 Posted in: Cause Awareness, Donors May is Mental Health Awareness Month. Show your support with a crypto donation and by being an advocate for destigmatizing mental health. Read more
UPDATE-Foster Care blog | The Giving Block 7 Ways Foster Care Nonprofits Support Kids for Long-Term Success May 16, 2022 Posted in: Cause Awareness, Donors There are many ways that foster care nonprofits help kids establish successful lives. Learn how these nonprofits are making a difference for the long term. Read more
UPDATE-Autism | The Giving Block 14 Nonprofits to Support During Autism Acceptance Month April 11, 2022 Posted in: Cause Awareness, Donors Donating crypto to these nonprofit organizations is an easy way to express your support for Autism Acceptance Month this April. Read more