Under the current public welfare donation system, donation data is kept within charities, and it is difficult to ensure the timeliness and authenticity of information disclosure. Blockchain technology is a decentralized distributed database with characteristics such as information traceability, data transparency, and non-tampering, which can effectively resolve the trust crisis in the charity industry. The establishment of a public welfare donation platform based on blockchain technology can effectively connect donors, charities, regulatory agencies and recipients, making public welfare donations safe, credible and documented, and promoting the construction of a healthy development of the public welfare ecosystem.
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A 2023 study studied this question.
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