Share this article
Multinational Aid Network Trials Blockchain for Donations Tracking
A multinational aid network comprising more than 40 members, is testing blockchain to track donations and disbursements.
By Wolfie Zhao
Updated Sep 11, 2021, 1:31 p.m. Published Jul 12, 2017, 6:30 p.m.
A multinational network for aid groups is testing blockchain to track donations and aid disbursements.
The Start Network, which counts more than 40 organizations within its membership and is headquartered in the UK, announced yesterday that it is working with a startup called Disberse to test the tech. Contributors to the network include groups like Oxfam and Save the Children, as well as an aid-focused office in the European Commission.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Disberse is a fund management startup using the blockchain to transfer and trace aid contributions among donors, governments and charities, among other parties. The collaboration aims to let donors follow the transactions that are recorded on a distributed ledger for the sake of transparency.
Sean Lowrie, the group's director, said in a statement:
"This exciting partnership could lead to the transformation needed in the way money flows through the humanitarian system. The Start Network is testing innovative solutions to many humanitarian challenges to enable aid agencies to be more efficient and effective."
Disberse was among a group of startups accepted into a fintech accelerator launched last year by the Financial Conduct Authority, one of the UK's financial sector watchdogs. It was one of nine companies working with blockchain to join the accelerator.
Image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases
The new preferred stock offering, SATA, strengthens Strive’s capital options as it expands its bitcoin focused strategy.
What to know:
- Strive announced a $500 million at-the-market offering to fund further bitcoin purchases.
- SATA, the company's preferred stock, offers a 12% dividend and trades below its $100 par value.
- Proceeds from the offering may also be used for buying income-generating assets or company acquisitions.
Top Stories
