Children of the Sky

About Children of the Sky token

Children of the Sky (COTS) addresses the issue of the lack of transparency and accountability in charitable giving by using blockchain technology. With this initiative, donors are paired directly with beneficiaries allowing them to track the use of the donations. By using smart contracts, COTS offers a transparent, unchangeable record of monetary transactions. This ensures accountability for every dollar donated. Trust is built between parties involved, along with reduced chances of misappropriation. In addition, COTS adds project outcome reporting by beneficiaries to project outcomes which enhances recipient-reporting engagement. This enriches donor satisfaction which strengthens the cycle of trust and contribution. COTS demonstrates how blockchain technology may transform social impacts through charitable giving by increasing effectiveness and transparency.