1.Do you have any questions about the Giving Chain project and what the project GOAL is?
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- Creating a sense of zeal is important, as there might be donors who feel they are donating less than others, by creating a positive environment it would make the donor more confident in their donations which would help them in making recurring donations.
- A flexible platform should be considered for people who are aged or are not able to handle technology for making transactions and is transparent for them to know where their donations are going.
- The tax benefits for donations can both positively and negatively affect our system. "Ramesh Krishnan, a cost and management accountant expert with Olive Life Sciences, says, "People who want to contribute to charities should choose institutions approved by the I-T department for tax exemption. Government funds like Prime Minister's Relief Fund, Chief Minister's Relief Fund, Earthquake Relief Fund, and Flood Relief Fund have 100% deduction eligibility. "
- The idea of automation is also very appealing if it does not affect the basic fundamentals of our system. For example, taking photos of the goods and then with just a single press of a button may trigger the whole process. The making of such a model with our fundamentals of privacy and transparency on point can be very challenging but will create a product that shall have the potential of changing the world.
- Making a feasible rewarding system for our volunteers can be a bit tricky. Let's be honest, very few people want to volunteer for free, hence creating a rewarding reward system will help us get over this problem. But, on the other hand, it shouldn't be something that is done just for greedprevention of greed is a must need.
- Utilization of resources can also be a bit tricky. Let me explain with an example if there are 5 donations to be made from a location, Rather than using 5 different volunteers we can use a single volunteer, considering all the donations were to be made to the same NGO/Bank.
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