According to multiple studies, up to 40% of global donations are lost on the way to their assigned purposes due to corruption, intermediaries, and general donation system inefficiency. Moreover, due to lack of transparency, according to Fidelity Charitable, almost two thirds of donors would donate more if they knew exactly where their donations went and what impact they created. Lack of transparency leads to lack of trust among donors, charities and recipients and thus reduces potential of the donations market.
HumanVenture tackles the problem of trust among donation stakeholders ensuring donation transparency, accountability, and distribution. It is a donation supporting software that ensures donations are distributed and spent in accordance with certain proposes and restrictions, including an online digital audit trail and detailed impact measurement reporting based on fully transparent and technically verified data.
HumanVenture’s solution utilizes the power of the blockchain tec...
According to multiple studies, up to 40% of global donations are lost on the way to their assigned purposes due to corruption, intermediaries, and general donation system inefficiency. Moreover, due to lack of transparency, according to Fidelity Charitable, almost two thirds of donors would donate more if they knew exactly where their donations went and what impact they created. Lack of transparency leads to lack of trust among donors, charities and recipients and thus reduces potential of the donations market.
HumanVenture tackles the problem of trust among donation stakeholders ensuring donation transparency, accountability, and distribution. It is a donation supporting software that ensures donations are distributed and spent in accordance with certain proposes and restrictions, including an online digital audit trail and detailed impact measurement reporting based on fully transparent and technically verified data.
HumanVenture’s solution utilizes the power of the blockchain technology guarantying 100% transparency of donations and data verification, while not being a crypto-currency.
HumanVenture creates both technological and business innovations including:
• end-to-end donation transparency and traceability secured by the blockchain technology
• spending on eligible goods and services only, excluding alcohol, drugs, gambling, etc.
• impact measurement and automated verification and reporting for donors, charities and corporate partners
• enabling donations to unbanked people and people without smartphones
• securing 100% of donated aid delivery to the recipients, while being commercially viable due to a self-sustaining business model
HumanVenture creates positive outcome for its users and the State:
• 100% donation transparency→ increase in inflow of donations
• improvement of donations process efficiency via automation
• shorter chain between donors and recipients
• measurement and tracking of poverty reduction

HumanVenture extends social impact for recipients by providing the freedom of choice which in contrast to help in-kind integrates recipients into the normal life hence encouraging to overcome challenging life conditions.
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Employees

Olga Dyachenko
Admin
Olga Dyachenko CEO MSc. International Business Economics, 10+ years in innovations of banking and energy sectors, the UK Chevening alumnus