Philanthropic blockchain initiative gets financial backing

Katie McDonaldDecember 11, 2018
Chris Zhong

The Blockchain Philanthropy Foundation founder and president Chris Zhong has received part of a AU$1 million grant awarded to Australians making a social impact.

Founded in late 2017, the Blockchain Philanthropy Foundation is a non-profit organisation focused on helping charities and humanitarian causes leverage blockchain technology to improve their philanthropic endeavours.

Zhong recently received the grant as part of the AMP Foundation’s Tomorrow Fund, and is the first recipient from the Australian blockchain community.

“It is the core mission of the Blockchain Philanthropy Foundation to educate charities, international development agencies and the wider ecosystem about blockchain technology and its significance to the social impact industry,” Zhong said.

“My 2018 AMP Tomorrow Fund grant will help to develop an innovative cryptocurrency donation platform to boost charity giving and help shape the regulatory reporting framework around crypto donation.”

In the past 12 months the Blockchain Philanthropy Foundation has worked in partnership with La Trobe University students on an industry project, and has grown its volunteer team from three to 30 people.

The organisation runs training and events for NGOs and other for-purpose initiatives on blockchain skills and knowledge, conducts blockchain research and is also collaborating with charities to develop blockchain applications tailored to their specific service delivery needs.

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