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Re:An NFT That Saves Lives by endisneigh on Tuesday May 04, 2021 @12:03PM (#27039058)
I don't get it. A non-profit is inherently a centralized entity. What's the point of using a blockchain in this scenario?
Re:An NFT That Saves Lives by throwaway_isms on Tuesday May 04, 2021 @01:07PM (#27039847)
> non-profit is inherently a centralized entity.

I would have actually said the opposite, if there is one inherently decentralized type of entity that is officially recognized by central authorities it is a non-profit.

Yes, non-profits exist because of centralized authorities, if they have exempt status for purposes of taxes that determination comes from a centralized tax authority, but a non-profit itself has no owners and is generally governed by the members. The members generally elect a board of directors but that is just representative of the collective decentralized members and should serve at their collective discretion through vote, the board as the official representatives appoints the Officers that manage the day to day business of the entity. There are arguments to be made, and not all non-profits are structured identically, but inherent in all of them is no ownership, so should a non-profit be dissolved and have assets, those assets are not distributed to any ownership class but must be distributed to other non-profits. Based on the lack of profits and ownership, non-profits are more decentralized in nature than many organizations claiming to be DAOs most of which are organized around the concept of an ownership class and profits.

Re:An NFT That Saves Lives by psswrd12345 on Tuesday May 04, 2021 @12:06PM (#27039104)
Verifiable donations, fully transparent reporting/auditing, no restrictions on who can donate, NFTs tied to donations that can be used for virtue signaling online, etc.
Re:An NFT That Saves Lives by endisneigh on Tuesday May 04, 2021 @12:08PM (#27039130)
A blockchain isn't necessary for any of these things, though.
Re:An NFT That Saves Lives by psswrd12345 on Tuesday May 04, 2021 @12:16PM (#27039233)
Might not be "necessary", but sure as heck makes all that a lot easier. Sure, one could design their own system that accomplishes all of those features, but why if there's an existing infrastructure layer that anyone can build on that already offers it? Especially a non-profit that likely lacks the technical expertise and resources?
Re:An NFT That Saves Lives by endisneigh on Tuesday May 04, 2021 @12:19PM (#27039289)
I don't understand your point - are you suggesting a non-profit will find blockchain easier than a regular ledger? Any organization that accepts donations now can already do all of the things you originally mentioned, for free, by simply signing the donation receipts.
Re:An NFT That Saves Lives by capableweb on Tuesday May 04, 2021 @02:04PM (#27040560)
> are you suggesting a non-profit will find blockchain easier than a regular ledger?

For the features outlined before ("Verifiable donations, fully transparent reporting/auditing, no restrictions on who can donate"), for sure!

First you have to come up with a ledger you can run on your server, but that visitors should be able to verify that what your server responds, is actually the values, and that you haven't manipulated those values in any way. How do you even do that? Since you are running the software, you can modify it, either on the machine itself, or in transit.

Secondly, you need to come up with a way of avoiding AML/KYC since that or similar exists in most countries. You might need to hire a lawyer just in order to write the user-stories for your sprint.

Or, use existing software and boom, thing done. Publish and then circle jerk on Twitter.

Re:An NFT That Saves Lives by casi18 on Tuesday May 04, 2021 @12:09PM (#27039147)
It works very well for all of them though.
Re:An NFT That Saves Lives by toomuchtodo on Tuesday May 04, 2021 @12:14PM (#27039216)
A PDF of my Watsi donation and credit card statement is just as good without any blockchain Rube Goldberg mechanizations. By all means, digitally sign the PDF [1] if you want to be fancy and hip, but you don't need a blockchain, nor is it going to tell you if the healthcare donated towards was actually delivered.

If the argument is, "It's on the blockchain for trust purposes!" my retort is, "Do you not trust the nonprofit? And if you don't, why are you giving them money?"

Please, do donate to non profits that align with your philanthropy interests, but don't get caught up in hype.

[1] https://helpx.adobe.com/acrobat/using/certificate-based-sign...

Re:An NFT That Saves Lives by capableweb on Tuesday May 04, 2021 @02:08PM (#27040634)
Watsi seems to offer donations via credit cards and Paypal, neither which I think supports $2.4 Mil donations, but I'm unsure, never tried it myself. Watsi overall don't seem to fit the "no restrictions on who can donate" part either, as they are an American non-profit (subject to US laws, including embargoes).
Re:An NFT That Saves Lives by toomuchtodo on Tuesday May 04, 2021 @02:09PM (#27040664)
Can you name a non profit not governed by nation state monetary and financial regulation policy you'd donate to? I cannot.

If I was going to donate a substantial sum to Watsi, I would wire it to them and have the wire receipt as proof of money transmittal.

Re:An NFT That Saves Lives by p4bl0 on Tuesday May 04, 2021 @12:08PM (#27039140)
Destroying the environment I guess. And surfing on the sad hype that the NFT buzzword have.
Re:An NFT That Saves Lives by selfhoster11 on Tuesday May 04, 2021 @12:31PM (#27039435)
Except that there are more power-efficient ways to build a blockchain than the Bitcoin approach. There's nothing inherent about NFTs that means they must destroy the earth.
Re:An NFT That Saves Lives by p4bl0 on Tuesday May 04, 2021 @05:12PM (#27042968)
There is nothing inherent about NFTs.

You got that right.