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Philanthropy on the Blockchain

Authors: Danushka Jayasinghe; Sheila Cobourne; Konstantinos Markantonakis; Raja Naeem Akram; Keith Mayes;

Philanthropy on the Blockchain

Abstract

One of the significant innovations that came out of Bitcoin is the blockchain technology. This paper explores how the blockchain can be leveraged in the philanthropic sector, through charitable donation services in fiat currency or Bitcoin via a web-based donor platform. The philanthropic model is then used for a case study providing humanitarian aid for a community living in a challenging geographical environment with limited internet availability. An SMS based mobile payment system is proposed for provisioning the received donations using the existing GSM network, very basic mobile phones and One Time Password (OTP) security tokens. The proposed scheme is finally evaluated for security while discussing the impact it has on charities and donors.

Related Organizations
Keywords

Hosted wallet, Blockchain, SMS, Security token, Philanthropy, OTP, Smart contract, Charity, Rootstock, Multi-signatures, [INFO] Computer Science [cs], Bitcoin

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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    19
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
19
Top 10%
Top 10%
Top 10%
Green