Blockchain Technology Archive

Why Nonprofits Should Pay Attention to Web3 and the Metaverse

July 20, 2022
What is Web3? Web3 is a new version of the internet that uses blockchain (IE a secure but transparent record keeping system) to decentralize the management of the internet, thus reducing the control of prominent companies such as Google or Meta. It is defined as open-source software that doesn’t require the support of a trusted intermediary and it has...

Why Nonprofits Need to Be Early Explorers of the Metaverse

December 19, 2021
The Metaverse is a broad term that encapsulates the next evolution of the internet. It is a digital reality – a cyberspace made up of multiple virtual worlds – that combines components of social media, gaming, virtual reality (VR), augmented reality (AR), cryptocurrencies, and non-fungible tokens (NFTs). The metaverse is being conceptualized and developed as the merging of our...

Blockchain Technology: What Is It and How Is It Relevant for Nonprofits?

May 30, 2019
By Paul Lamb, Principal at Man On A Mission Consulting, has over 25 years of experience in business, nonprofit management, technology, and public policy. We’ve all heard about blockchain, or at least its most famous application – bitcoin. But what exactly is blockchain it and how is it relevant for nonprofits? Blockchain Simplified  At its core blockchain is a...