The beta version of a donation tracking platform from the first Bitcoin 501(c)(3) nonprofit is now live.
BitGive announced GiveTrack today at Money20/20 in Las Vegas.
GiveTrack allows donors to track, transfer and keep a permanent record of their donation’s path all the way to recipients.
“We are delighted to finally unveil a working version of GiveTrack to our community after months of hard work,” BitGive founder Connie Gallippi said.
“Donors now have more opportunities to engage with BitGive’s core mission to leverage the power of Bitcoin and blockchain technology to improve public health and the environment worldwide.
“By releasing GiveTrack, BitGive is utilizing the unique benefits these advanced technologies have to offer – like unparalleled transparency and security – to enhance and revolutionize the donation process. Furthermore, individuals can build more trust with charitable organizations by knowing how their funds are used to drive impact on the ground. In doing so, we hope to increase charitable giving to create a global movement towards philanthropy.”
GiveTrack also announced two project pilots. Medic Mobile produces mobile and web tools that assist community health workers, clinics and families with communication while improving access in remote communities. They are currently working on a mobile app to combat malnourished children in Desa Ban, Bali.
The Chandolo Primary School Water Project’s aim is to provide water and sanitation infrastructure for a school in Kenya. They had previously assisted the Shisango Girls School in Western Kenya.
“We recognized early on, alongside BitGive, that the blockchain provides a whole new way to allow confidence-inspiring real-time auditing of how organizations like ours spend the public’s donations,” The Water Project’s Peter Chasse said. “GiveTrack will allow charities to prove, in an approachable way, what they’ve been doing all along, namely providing sustainable, cost-effective solutions to people who need them most.”