Little Phil uses blockchain technology and user experience (UX) developed around positive psychology to allow people to have the oversight, control, and emotional connection of a philanthropist without giving large sums. People can live on their terms through their smartphone and keep track of what they give all the way to the moment they receive it. This will create an engaging experience that will make them really feel the positive impact they have had on their cause. In addition to this, charities will have solutions to their fundraising and exploitation problems at a much lower cost.
If the company is not face to face, how can we truly experience a sense of return? It is unclear where the company’s money goes. It feels like the company has no influence. The company is not emotionally connected to the recipient. But little Phil can solve these problems.
Little Phil uses blockchain technology to enable donors to: Keep track of the money in the business, To be confirmed by the recipient, Share a little Phil’s good moment with them, This more efficient way of fundraising will allow charities to focus on the fact that they are big.
A LPC coin drives the platform into action philanthropy. This allows you to quickly and without trust transfer goods, services or currency between the donor and the recipient from anywhere in the world. The company can guarantee the transparency of each transaction with an immutable public Ledger. Proprietary unique digital identities (UDID) will be used to verify recipients and initiate smart contracts, ensuring that funds will be used only when the desired impact is confirmed.
Restricted payments in connection
Little Phil’s smart contract payment system will be designed to work where Internet connectivity may or may not be limited, because some of the receivers and projects using the platform will be located in remote areas.
The fundraising industry needs to restore trust and increase willingness to give by giving to donors: Reduced fundraising and operating costs so more money makes it a cause; Transparency, accountability and control over how their funds are used ; Evidence of the direct impact of their donation; Simple and positive donor experience using modern technology; The ability to influence and emotionally connect through small donations ; and The ability to have an enhanced impact by sharing their experiences.