Social Blockchain Startup Alice Uses Ethereum to Help London’s Homeless

[btc_manager]

UK-based charity St Mungo’s has teamed up with social technology startup Alice in an effort to create better transparency with regard to donations made by the public by leveraging the Ethereum blockchain...

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https://btcmanager.com/blockchain-start ... -homeless/

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[mjglqw]

Using Ethereum smart contracts the startup has created a hyper-transparent donation platform, which holds any donations made until the set outcome is achieved. That means that the funds are released only if the proposed plan works and is validated, which, in turn, provides instant accountability and transparency for the donor.

This is a huge deal in my opinion. Especially also because of that story someone posted a few days ago, about the dude that got out of Venezuela. It just shows how the Blockchain is a very very important creation; sadly only a small number of people can see it's importance.

[davidmccoy]

Nice initiative.