# Bitcoin Nonprofit BitGive Announces Research Collaboration with University of Edinburgh
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-05-29
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: How Cryptocurrencies Impact Global Charity Sector
Meta Description: Explore the effect of cryptocurrencies on global charities with BitGive and University of Edinburgh research collaboration, shaping crypto-philanthropy.
URL: https://financedigest.com/bitcoin-nonprofit-bitgive-announces-research-collaboration-with-university-of-edinburghhtml

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_Research to focus on the effect of cryptocurrencies on the global charitable sector_

BitGive, the first Bitcoin 501(c)(3) nonprofit, has announced a research collaboration with the University of Edinburgh to investigate the effect of cryptocurrencies on the global charitable sector. The goal of the collaboration is to use the research to formulate a better, more cohesive approach to leveraging cryptocurrency for charitable giving. The [research will examine the opportunities and challenges](https://www.financedigest.com/d-mannose-market-opportunities-trends-drivers-challenges-forecast-by-2025-transparency-market-research.html "D-Mannose Market Opportunities, Trends, Drivers, Challenges & Forecast By 2025: Transparency Market Research") of using and converting cryptocurrency within developing economies. BitGive has explored this topic in depth through the 2017 launch of GiveTrack, a blockchain-based donation platform that offers individuals the ability to trace the path of their charitable donations in real time. BitGive unveiled the research collaboration to university researchers and conference attendees at OxChain’s Blockchain and the [Global South Conference in London](https://www.financedigest.com/london-stocks-fall-1-on-weak-global-growth-outlook.html "London stocks fall 1% on weak global growth outlook").

Connie Gallippi, Founder of BitGive, said: “It’s been incredibly rewarding to see our GiveTrack platform [gain unabating momentum since](https://www.financedigest.com/dollar-steadies-near-16-week-low-yuan-set-for-biggest-weekly-gain-since-2005.html "Dollar steadies near 16-week low, yuan set for biggest weekly gain since 2005") its launch in October 2017. Throughout this process, we’ve discovered numerous opportunities, as well as challenges and barriers, that have helped to shape the development of our platform and helped to define crypto-philanthropy. Using this knowledge, in tandem with the bright minds at the University of Edinburgh, BitGive will be delving into how to overcome the roadblocks to effective crypto-philanthropy and establish how cryptocurrency can best be used to uplift and revolutionise the charitable sector. This research [collaboration](https://www.financedigest.com/a-winning-team-how-corporate-champions-can-drive-successful-collaborations.html "A winning team: how ‘corporate champions’ can drive successful collaborations  ") will help organisations looking to engage in crypto-philanthropy and provide them with the guidelines they need to be successful.”

The [research collaboration will examine](https://www.financedigest.com/pharmaceutical-contract-sales-outsourcing-market-statistics-demand-and-forecasts-to-2031-examined-in-new-research-report.html "Pharmaceutical Contract Sales Outsourcing Market Statistics, Demand and Forecasts to 2031 Examined in New Research Report") GiveTrack’s past implementations in Indonesia, India, and Kenya to investigate the feasibility, utility, and acceptance of cryptocurrency in these regions. The team will explore how barriers such as regulation, user and [merchant adoption](https://www.financedigest.com/epi-how-to-build-trust-and-adoption-among-consumers-and-merchants.html "EPI: How to build trust and adoption among consumers and merchants"), and the influences of local culture and government affect the use of cryptocurrency on the ground.

Dr. Claudia Pagliari, Research Partner at the University of Edinburgh, said: “As one of the first organisations to leverage the power of blockchain and cryptocurrency for charitable giving, BitGive is a true pioneer in the crypto-philanthropy sector. Through their experience of planning and delivering projects using the GiveTrack platform, Connie and her team have gained important insights into how cryptocurrency can be effectively used to support humanitarian efforts in [developing countries](https://www.financedigest.com/britain-launches-trade-system-for-developing-countries.html "Britain launches trade system for developing countries"), as well as some of the challenges involved. Through the research collaboration with BitGive, and meeting key stakeholders, we aim to learn as much as we can about the technical and contextual factors that can influence the success of these approaches, so that this knowledge can be used to inform future programmes worldwide.”

The GiveTrack [platform leverages](https://www.financedigest.com/vodafone-leverages-gumgums-contextual-intelligence-platform-to-increase-purchase-intent-around-samsung-galaxy-z-flip3.html "Vodafone leverages GumGum’s contextual intelligence platform to increase purchase intent around Samsung Galaxy Z Flip3") blockchain technology to provide an unprecedented level of clarity in the donation to deployment phases of allocated funds. Individuals are able to trace the path of their charitable donations on a public platform in real time, letting them [see exactly how funds](https://www.financedigest.com/global-equity-funds-see-large-outflows-on-slowdown-worries.html "Global equity funds see large outflows on slowdown worries") are spent and when they reach their final destination. Charity project [results are also shared](https://www.financedigest.com/rouble-steadies-near-60-vs-dollar-tcs-m-video-shares-down-after-results.html "Rouble steadies near 60 vs dollar; TCS, M.Video shares down after results") with the donor to create direct engagement.

In a related announcement, GiveTrack will also be supporting several new pilot projects, including one with education-focused nonprofit Open Mind Africa, which is now available on the platform.

For more information on GiveTrack, visit [https://www.givetrack.org/](https://www.givetrack.org/).


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