China’s New Model of Blockchain-Driven Philanthropy

Blockchain has done more than simply enable Chinese social entrepreneurs to improve the transparency, trustworthiness, and fundraising of the country’s charitable causes. It has helped launch a more decentralized and autonomous philanthropic sector.

China’s philanthropic sector is vibrant and growing. The country now has more than 800,000 registered social organizations—almost twice as many as it had in 2011. This growth gives the public more opportunities to participate. China already has the third-largest number of donors in the world, according to the CAF World Giving Index 2018, and more than 50 million Chinese have registered as volunteers.

Learn more at Stanford Social Innovation Review.