May 3, 2018
The potential of social entrepreneurship is yet to be explored by the tech community around the world. It comes in many shapes, one of which is building tech-enabled solutions that facilitate charitable initiatives.
Entrepreneurship aimed at social good is generally built around individuals willing to donate resources for those in need, mainly through organizations playing the role of a middleman. One of the most common resources sought by charitable organizations is financial aid, whether it’s gathered from individuals or businesses.
Collecting financial aid, however, has always been and still is a very complex business that has elements regular commercial relationships are devoid of – it’s not an exchange for a service or physical good, so individuals cannot immediately touch or get something in return to feel the value of the exchange. But more importantly, the matter of trust between the donor and the collector of the financial aid is one of the most critical deal breakers for this form of relationship and for the industry.
Individuals with opportunities to share wealth will always be present across demographics and region. There is, however, something that techno ...