Posted on Medium.com/FinTech Weekly Magazine, by Blockchain Industry Group (BIG)
Bitcoin and other cryptocurrencies have the potential to change the way the nonprofit sector is funded. Through the use of bitcoin and the underlying blockchain technology, donors and recipient organizations are finding ways to conquer traditional fundraising hurdles. Because the technology is still fairly new, and awaiting regulatory standards, some drawbacks exist. But as many donors and nonprofits are discovering, the advantages far outweigh the existing problems. The future of nonprofit donations will continue to be impacted by cryptocurrencies and blockchain technology.
Donors and nonprofits have discovered numerous advantages for funding through bitcoin and other cryptocurrencies:
Continue reading here: Medium.com / FinTech Weekly Magazine
By Janet Eriksson, BIG Writer