BitConscious Foundation is a decentralized charity blockchain platform that provides the sustainable and cost efficient solution to charity. It fully utilizes the advantages provided by the blockchain technology ensuring greater transparency, no transaction costs, instant settlements, direct interactions with donors and security of data in charity sector.
TRANSPARENCY Transparency is ensured through decentralized open ledger that enables to keep the track of donations made and enhanced by the reporting system integrated into the Platform.
NO TRANSACTION COSTS Donation transfers through blockchain technology are maintained and owned only by the users thereby decreasing the associated costs.
NO THIRD-PARTIES The Platform removes the necessity for contracting the third-party agencies, which involve high contract fees, and the risk of their involvement in unethical practices. The Platform enhances the direct interaction between donors and donees free of charge.
INSTANT SETTLEMENTS Transfer of donations through traditional money transfer system take days to process. Blockchain enables transfers to be settled at near instant speed, which is crucial to those in need.