How can non-profit organizations document best how they spent donations?
The approach we took with Token 4 Hope was to build a “Human2Human” donation system., which works based on blockchain technology. Donated money is converted into so-called humanity tokens. Humanity tokens are a digital substitute currency. The clue: The beneficiaries of the Wiener Hilfswerk – mainly families in need – receive these tokens via paper wallets and can use these as means of payment in dedicated social markets and second-hand shops. In April 2019, the project partners demonstrated how purchasing with the "tokens" works in real operation.