The Inside Bitcoins Chicago Conference took place this weekend. It was two days of conference sessions and exhibit hall events. During the two-day event, top thought leaders engaged in several discussions around digital currency. Session topics covered many topics, including the implications of bitcoin, investing and startup strategies, current mining challenges, international compliance, and mass adoption.
On Saturday, July 11, at Inside Bitcoins in Chicago, Connie Gallippi, founder of the BitGive Foundation, presented a new 3-minute video demonstrating the impact of the bitcoin charity’s efforts in Kenya. The video revealed how Bitcoin and blockchain technology have the potential to transform global philanthropy.
“What you see in this video are the results we are getting – it’s very real and it’s only the beginning. This can be expanded in so many empowering and revolutionary ways. That’s Bitcoin Charity 2.0. We are ready to take it to the next level and facilitate new ways for Bitcoin and Blockchain technology to revolutionize charitable giving.”
“BitPesa was grateful that BitGive let us contribute to this awesome project at Shisango Girls in Western Kenya. We are always looking for partners doing great things in East Africa. BitGive is doing important work connecting Bitcoin donors with worthy projects across the world.”
The presentation was also the first step for the kick off fundraising for the next phase in BitGive’s philanthropic mission: Bitcoin Charity 2.0. With Bitcoin Charity 2.0, BitGive expects to enhance the organization in both technical applications and global implementation, which means building a transparency model for donations on the blockchain in partnership with The Water Project.
“The Blockchain and Bitcoin present an incredible opportunity to dramatically lower our costs to transmit money to countries like Kenya. At the same time, it can also enable a shift to real-time, end-to-end transparency into how nonprofits like ours put donations to good use.”
Source & Images Provided by BitGive