Category: Press Releases

Transparency Tech Seeks to Solve Non-Profit Accountability

Posted: September 1, 2015 By Tanner Evans In Press Releases

The Plug and Play Accelerator, Factom and BitPesa have partnered with nonprofits, the BitGive Foundation and The Water Project. As a pilot project, they are using Factom tech and the blockchain to create radical transparency in how donor funds are being used in Africa to provide safe water. By tracking donations through the blockchain and Factom, they aim to introduce a new level of transparency that will bring real-time assurances that money donated to accomplish a particular mission are doing just that.

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