Lots of Social charity are helping communities out there, they are taking donations in thousand of dollars and millions of fiat currencies, but is there any system over internet by using we can know how and where our money is getting spend ? Is is possible to build a application on Blockchain which will make every transaction is transparent ?
Donating Entity + Receiving Entity = Area of spending
Even though such platform is created what are the possibility that the Private Entity + Government Entity will accept it. All these big entities says they are helping these communities, but we can't see any transaction proof of what the actual Amount of Money is getting on hands of these communities worldwide.
Well, Poseidon foundation is a non-profit organisation that is committed to empower individuals, governments and corporates to participate in climate actions. Poseidon uses Stellar Luna blockchain platform that introduces transparency and traceability to make and track an impact where it matters most – forest conservation. Also, we only fund projects that are land based, because as you said, especially with climate organisation, its hard to have proof or tangible results of all donations and contributions.
If you interested and want to read more click here
https://poseidon.eco/