Tracing Blockchain Charity Donations to Program Recipient Identity ---China, Yes! USA, Never!

 http://www.scmp.com/tech/china-tech/article/2086449/alibaba-affiliate-ant-financial-accelerate-blockchain-initiatives
"Cheng said Ant Financial will open up its blockchain-powered charity platform, called Ant Love, to more organisations from this month, allowing charity outfits, auditors, donors, media and other relevant parties to better track information on donation history, project disclosures and governance rules.

The monetary system I propose in this blog had a feature that provided for tracing a charitable donation to the actual application and recipient of that charitable donation.  The tracing was accomplished on a single unit dollar basis because each dollar was uniquely identified at the single source cloud repository of all unit value of one dollars.

Tracing on a blockchain transaction basis to the ultimate recipient and beyond is even a better way to manage and monitor charitable donations.  Transactions in the blockchain system are actually the medium of exchange.  A medium that has a variable tranacation  amount value.  Transactions are the money of blockchain.  The units of value associated with the transaction are the denomination of the transaction.

Any blockchain donation to charity carries a transaction identifier that links to the next transaction and recipient identity in the chain.  The donor can trace where the donation went in an open ledger system.  Being a charitable donation I see no reason why the real identity of the program recipient, or  administrative overhead/expense collectively (like employees) should not be public information.

The blockchain charity donation could be a sidechain to the currency blockchain donation transaction of the donor.

http://www.huffingtonpost.com/ameer-rosic-/goodbye-corrupt-charities_b_13207806.html 

https://www.cryptocoinsnews.com/bitgive-foundations-givetrack-project-allows-charity-donors-to-trace-donations-on-the-blockchain/ 

Riding on the thoughts of the prior blog entry, traceable blockchain donations to charities will not be popular in the USA, probably fought hard by the big players in the Charity Donation Sector.  It would reveal things like where donations to the Red Cross actually go.

Traceability is the bane of fraudulent activity. 

China can do it.  Hope they do.