Blockchain 3.0 (11): Blockchain learning reconstructs trust in charitable donations

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What are the current issues facing charitable donations?

With the rapid economic growth, some people around me have accumulated considerable wealth, and with it the idea of ​​giving back to society. However, faced with opaque charities and donation channels that are difficult to supervise and audit, they ultimately choose to give up large donations and can only choose small donations within their means.

The drawbacks of traditional donation methods and the frequent exposure of scandals of embezzlement of charity funds have almost made everyone lose confidence. In an environment without any trust, unless the way of charitable donations is completely changed, many people will choose not to participate. The emergence of blockchain has allowed us to see the subversive revolution of charitable donations, which can help us rebuild trust.

How does blockchain learning work?

The idea of ​​blockchain learning is this:

Establish a decentralized smart learning contract between donors and learners: the contract includes proof of learner progress, automatic confirmation of completion of learning modules through standardized online tests, and automatic triggering of subsequent funds to be allocated to the next learning module after confirmation.

There are some details involved: confirmation of learner identity (digital identity systems such as OneName or BitID will be used); community-approved tutorials, online question banks, etc.

Advantages of blockchain learning

Learning contracts can be conducted entirely in a peer-to-peer manner between donors and learners, and peer-to-peer donations avoid the risk of corruption among charities and channels.

This is not only financial assistance, but also spiritual assistance based on personal development. The learning contract stipulates that only continuous progress can obtain follow-up funds, which is an incentive for learners; and for donors, it is gratifying to see that the funds can be used where they are really needed.

Blockchain is decentralized, transparent, and globalized, giving us hope for a revolution in charitable donations. If blockchain learning and donations can be popularized, it will benefit many people and help those who really need help.