OXFORD, England (Thomson Reuters Foundation) – Two thirds of companies and organizations using blockchain to drive social impact say the technology is an improvement over other methods used to solve some of the world’s most pressing challenges, a report published on Thursday showed.

The report by Stanford University’s Center for Social Innovation and non-profit foundation RippleWorks analyzed 193 social impact organizations that are using blockchain, the technology behind digital currencies such as Bitcoin.

The use of blockchain has grown steadily since 2013, with the health sector being the most avid user, followed by financial inclusion initiatives, those working in philanthropy and aid, and democracy and governance, according to the report. ..Read More..

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