Blockchain is useful for adding transparency to charities. Or is it?

Blockchain is useful for adding transparency to charities. Or is it?

One of the alleged use cases for blockchain is charity transparency. A project that aims to do that is the AIDChain platform with their AidCoin token. In their whitepaper (v.04) they note a decline in the trust of big charities because of high profile cases of charity fraud. They further claim that current methodologies of assessing charities are limited to self-reporting or third party reporting, which itself is based on charities’ self-reporting.