180 plans to transform the $1 trillion charity sector through the development of an unparalleled peer-to-peer network, powered by Stellar Blockchain, accessed through an app for donations and distribution of funds. This allows for efficiency, full transparency and up to an 80% cost reduction over traditional charitable organizations.
By harnessing the latest blockchain technology, 180 positions itself as an innovative and global cash payment service provider, backed by an extremely experienced Last Mile project implementation team.
The 180 peer-to-peer platform aims to connect donors to fund receivers who need assistance. Eliminating the need for a middleman and numerous corporate layers, 180 plans to allocate 80% or more of donated funds directly to beneficiaries.
Using the latest development in global blockchain networks, i.e. Stellar, results in inexpensive global payment options & the ability for external parties such as governments or private donors to easily audit the system. Transactions through the 180-operational chain will be visible, traceable, immutable, permanent and therefore, auditable. This makes 180 one of the first truly transparent aid and development organization in the world.
180 plans to use Stellar Blockchain to manage world-wide donations and project payments scalable to millions of people in need of work and assistance, resulting in completed transactions for a fraction of traditional transactions costs in just a matter of seconds.
QWhat positive social or environmental do you aim to generate?
Efficiency, full transparency and up to an 80% cost reduction over traditional charitable organizations
QWhat has your organisation enabled so far in quantified terms (e.g. 20% efficiency gain, 100 beneficiaries received aid in the past six months) and what are the next steps?
QWhy are you specifically using blockchain in your project?