Donation Tracking

Blockchain is a feasible solution for every event of the entire donation process, to be traced through by marking each of the ‘Critical Data Elements’ such as donation updates (i.e., when, where), donation volumes, list of targeted receivers, etc. Blockchain also allows all parties or related stakeholders such as suppliers, charity organizations. organizations to monitor each use case or project of donations. Any occurring events would be updated/ informed to all related parties to ensure transparency and trust over the donation network.

Greater Transparency and Accountability

The most attractive features for the TRST01 collaborative blockchain platform are to enable high visibility and traceability among transactions, allowing users to track donations throughout the supply chain from the beginning to the end and verify where their funds went. It allows for automatic verification of where money spent. The Blockchain traceability and verification feature one of our TRST01 platform’s greatest assets, as it benefits and helps each side verify what the others are doing.

Breakthrough technologies such as blockchain still can provide novel and unconventional solutions to the significant social challenges of the present time. As philanthropy becomes a critical pillar nowadays in society, it requires a more transparent and accountable framework.