Cryptocurrencies and Political Finance

Burcher, Catalina Uribe

doi:10.31752/idea.2019.7

Cited by 3 publications

References 2 publications

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Crypto‐giving and surveillance philanthropy: Exploring the trade‐offs in blockchain innovation for nonprofits

Howson

2020

Nonprofit Mgmnt & Ldrshp

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A blockchain is a smart electronic database, distributed to all users, immutably tracking every transaction that has ever taken place between nodes on a network. The technology is being used by some nonprofits to address various operational challenges, including attaching automated conditions to charitable donations facilitated by programmable "crypto-giving" platforms.Drawing from analysis of technical documents provided by active crypto-giving projects, this review considers how these platforms enable radical shifts in sectoral power relations through "surveillance philanthropy". This algorithmic surveillance ensures project funding fully reflects the interests of donors, while potentially restricting nonprofits in meeting the dynamic and complex needs of project beneficiaries. The paper considers the benefit trade-offs from cryptogiving platforms in three areas of utilization: (a) new forms of donor engagement and fundraising, (b) new tools for organizational governance, and (c) novel pro-

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Crypto‐giving and surveillance philanthropy: Exploring the trade‐offs in blockchain innovation for nonprofits

Howson

2020

Nonprofit Mgmnt & Ldrshp

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Transparency of Political Party Financing Through Blockchain: Designing a Blockchain System to Generate Transparency for EU Finances

Mooij

2024

Contributions to Political Science

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The Risks of Using Cryptocurrency in Political Financing And The Methods for its Prevention

Aznaurashvili¹

2021

ECS

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Regulating and monitoring political finances is an important factor in ensuring a fair and equitable electoral environment, but there are frequent cases of illegal finances, and in the modern world there is a tendency to use digital currencies, which are slowly entering political parties and making political finances monitoring impossible. The Relevant political finance regulations set standards for access to information, which make it possible to process the required information, to monitor it and achieve the transparency of information. Moreover, the Regulation and transparency of funding political processes are important to limit the means of gaining a power through anonymous and illegal sources. The appropriate measures of prevention and coercion serve this purpose in order to make political finances transparent through effective monitoring. Recently, a number of countries have faced the threat of receiving funding from the closed parties and the use of crypto currencies by political parties, and many have begun to think about introducing certain regulations to protect policies from digital currencies. Keywords: political party, political financing, political corruption, cryptocurrency, bitcoin.

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Cryptocurrencies and Political Finance

Cited by 3 publications

References 2 publications

Crypto‐giving and surveillance philanthropy: Exploring the trade‐offs in blockchain innovation for nonprofits

Crypto‐giving and surveillance philanthropy: Exploring the trade‐offs in blockchain innovation for nonprofits

Transparency of Political Party Financing Through Blockchain: Designing a Blockchain System to Generate Transparency for EU Finances

The Risks of Using Cryptocurrency in Political Financing And The Methods for its Prevention

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