IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2023i1p210-d1307659.html
   My bibliography  Save this article

Blockchain-Empowered Decentralized Philanthropic Charity for Social Good

Author

Listed:
  • Istiaque Ahmed

    (Graduate School of Informatics, Osaka Metropolitan University, Osaka 558-8585, Japan)

  • Kai Fumimoto

    (Graduate School of Engineering, Osaka City University, Osaka 558-8585, Japan)

  • Tadashi Nakano

    (Graduate School of Informatics, Osaka Metropolitan University, Osaka 558-8585, Japan)

  • Thi Hong Tran

    (Graduate School of Informatics, Osaka Metropolitan University, Osaka 558-8585, Japan)

Abstract

The charity sector impacts society significantly in many areas, including providing education, healthcare, hunger relief, drinking water, disaster relief, environmental preservation, and assistance to underserved people. The existing charity organizations have numerous limitations, such as poor management, high operation costs, and a lack of transparency in the donation execution flow. The authentication of users and institutions is a big problem in the existing system. This research resolves the issues of transparency and reliability with an immutable and traceable distributed ledger. We empower the existing centralized charity works with the electronic know-your-customer (eKYC) authentication approach and cryptographic HASH. Information privacy is implemented using the filters within smart contracts. The implementation of eKYC to ensure authenticity and to secure data flow through the channel are two significant contributions of this work. A coin-toss function for data selection and a random time delay between pieces of data are used to avoid attacks based on guesswork. We aim for this framework to send 100% of donations to the beneficiaries and become a hyper-liquid medium to fill the United Nations Sustainable Development Goals (SDG) funding gap. We also introduce the concept of service charity to broaden the ability for people to offer their services and skills as charity.

Suggested Citation

  • Istiaque Ahmed & Kai Fumimoto & Tadashi Nakano & Thi Hong Tran, 2023. "Blockchain-Empowered Decentralized Philanthropic Charity for Social Good," Sustainability, MDPI, vol. 16(1), pages 1-17, December.
  • Handle: RePEc:gam:jsusta:v:16:y:2023:i:1:p:210-:d:1307659
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/1/210/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/16/1/210/
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:16:y:2023:i:1:p:210-:d:1307659. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.