What Is Proof-of-Donation?

Proof-of-Donation is a system that allows donors to prove their donations have been made. It works by providing an electronic receipt or proof of donation, which can be used as evidence in the event of any disputes. This type of system helps ensure that all donations are properly tracked and accounted for, allowing organizations to better manage their finances and resources.

The Proof-of-Donation system also provides transparency between donors and recipients, ensuring that both parties know exactly where the money has gone. Donors can easily view how much they’ve donated over time, while recipients can track who has contributed what amount towards their cause. This makes it easier for everyone involved to keep tabs on funds received and spent, helping them make more informed decisions about future fundraising efforts.

See also  Off-Chain Transaction

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