The nonprofit sector is under pressure to build trust through greater transparency around funding and accountability around programs and impact. Blockchain technology offers a unique opportunity to facilitate a new generation of efficient philanthropy by giving donors greater visibility into the organizations they support. A 2021 study from Indiana University’s Lilly Family School of Philanthropy found that trust and giving rates have declined in tandem for Americans of all ages, with fewer than 50% of American households donating to charity. The key factors identified in this downturn were a lack of both financial transparency and proof of impact.