A charitable bitcoin organization named BitGive has announced that new charity project is currently being planned as well as a partnership with a university to help evaluate charity involving cryptocurrencies.
Research collaboration with University of Edinburgh
The San Francisco based non-profitable organization announced that it would be partnering with the University of Edinburgh to assess and make research on the effects cryptocurrencies have on the global charitable sector including charity practitioners. This research collaboration will help to examine the opportunities and setbacks of using digital currencies in developing economies. By exploring the utility, adoption, and feasibility of cryptocurrencies in these regions, the research collaboration will use data analysis help to evaluate GiveTrack’s previous implementations in countries like Indonesia, India, and Kenya. The research will also examine the influence of cultural beliefs, government policies, and regulations, user adoption on the use digital currencies in these nations.
The founder of BitGive, Connie Gallippi said in a statement:
“It has been incredibly rewarding to see our GiveTrack platform gain unabating momentum. Throughout this process, we have discovered numerous opportunities, as well as challenges and barriers, that have helped shape the development of our platform and define crypto-philanthropy. Using this knowledge, in tandem with the bright minds at the University of Edinburgh, BitGive will be delving into how to overcome the roadblocks to effective crypto-philanthropy and establish how cryptocurrency can best be used to uplift and revolutionize the charitable sector.”
The two organizations aim to make a more convincing and composed framework that enables philanthropist to make donations with cryptocurrencies. Also, the point of the partnership is to discover the challenges of converting digital currencies in underdeveloped nations.
The partnership will use the GiveTrack platform to accomplish this, GiveTrack was launched in October 2017, and it is a donation platform that uses the blockchain technology to offer an exceptional level of transparency and clarity in the deployment of donated funds.
A research partner at the University of Edinburgh, Doctor Claudia Pagliari also said “Through our research collaboration with BitGive, and meeting key stakeholders, we aim to learn as much as we can about the technical and contextual factors that can ultimately influence the success of these approaches so that this knowledge can be used to inform future programs worldwide.”
New Charity Project with Open Mind Africa
In addition to this, BitGive also announced its partnership with Open Mind Africa to launch a charitable project by raising funds for Ghana’s Summer Camp and Educator Summit. Open Mind Africa is also a non-profitable organization that focuses on education in the continent.
The camp which also welcomes facilitators and teachers from Australia, Ghana, and the USA, offers potential students “fantastic opportunities to develop essential social-emotional skills, multiple intelligences, build friendships and make memories that will last a lifetime.” A few of previous charitable projects embarked and accomplished by BitGive include a water project at Kenyan Primary school, a program to lessen maternal and neonatal mortality in India among others. Many people have benefited from these projects whose funds were raised with cryptocurrencies such as Bitcoin and Ethereum.