Recently, the distributed book technology blockchain has attracted much attention due to its wide application area. Not long ago, Ant Financial Company revealed for the first time at the XIN Charity Service held on July 9 that it will apply blockchain technology to public welfare scenarios. What's going on here?
Yesterday, Cheng Li, Chief Technology Officer of Ant Financial Co., Ltd. announced at the 2016 Internet Financial Bund Summit that Ant Financial tried to apply blockchains to public welfare scenarios and cooperated with the China Social Assistance Foundation (hereinafter referred to as “China Salvageâ€) in Alipay. Love Donation Platform's on-line blockchain charity fundraising project “Hearing Impaired Children Regain New Voice†allows each donation to be tracked throughout.
"Now, we have just made a public-welfare attempt. Future blockchain public service scenarios will also be upgraded to include more non-profit organizations and audit institutions, facilitating auditing and facilitating public and social supervision."
Lei Fengnet (searching "Lei Feng Net" public number attention) has also explained in previous reports that the blockchain is a kind of digital account book with irrevocable features, and the characteristics of distributed storage can also solve the current fund operation in public welfare undertakings. Disadvantages such as opacity. It is reported that on the Alipay Love Donation Platform, users often donate a few dollars to hundreds of dollars in donations, and don’t follow the donation after entering the charity project account. It is not entirely clear when the donation will be given to the donor. How will it be given to the donor? With blockchain technology, the life cycle of each payment is recorded on the blockchain, and users can continue to trace back.
Before, the public donation went into the account of the public welfare project. After the project party is executed, the operator uploads the bill, disbursement, related pictures and conditions. Now that the money has entered the system, the entire life cycle will be recorded on the blockchain. There will be no manual payment, and it is difficult to manually change the whereabouts of each payment.
Ant Financial said that the future of blockchain public welfare scene will be upgraded, more public organizations, audit institutions will come in, so that the project is easy to audit, to facilitate the public and social supervision, so that the blockchain really become a "trust machine."
Hu Guanghua, secretary general of the China Social Assistance Foundation, stated that public welfare transparency determines the pace of development of China's public interest. The labor costs required for information disclosure have also become an important factor contributing to the transparency of public organizations. All publicly available information on the Alipay Love Donation Platform was generated based on background data. It not only technically protects the authenticity of public interest data, but also helps public welfare projects to save information. cost.
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