Electroneum and One Ocean Foundation Enhance Philanthropy with Blockchain

2025-10-21 08:17

Electroneum and One Ocean Foundation are leveraging blockchain technology to enhance transparency in philanthropy. The collaboration utilizes NFTs to connect digital art donations with ocean conservation projects, such as the 'Blue Forest Initiative.' This approach allows for measurable and traceable donations, increasing donor confidence. Additionally, Plastic Bank's blockchain platform has successfully recycled over 162 million kilograms of plastic across six countries, providing verifiable ESG metrics. These initiatives underscore blockchain's potential to address transparency gaps in philanthropy, especially as less than 2% of global charitable donations in 2022 were allocated to climate causes.

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