It seems that the majority of "legitimate" uses surrounding blockchain concern "trust", or rather try to eliminate mechanisms such that trust is inherent. Imag

It seems that the majority of "legitimate" uses surrounding blockchain concern "trust", or rather try to eliminate mechanisms such that trust is inherent. Imagine some authority, perhaps a non-profit that was 100% trustworthy. What could blockchain [*] do that said "authority" could not? I'm curious if blockchain could be used within an organization to make an organization itself trustworthy, as opposed to make trustworthy tools. - keep in mind even if decentralized, many blockchain tools will likely have some authority managing it, or have mechanisms such that a small collitation could take control --- I'm really curious if blockchain is superior to a traditional approach for the following scenario: 1. You're a nonprofit 2. You take donations on your website. 3. You advertise that money donated will 100% be used for a stated purpose (categorical in nature). 4. You also say that you can see exactly when your money is spent and how it is spent, including the quantity. I see a way to build this with traditional tools, but it seems complicated and also is prone to fraud. The problem with using Bitcoin is that your endowment would be too volatile for your finance team to really manage. I suppose the nonprofit could do an ICO, but you don't want people to actually own a portion of your non-profit (as they cannot, by definition). How can you ensure compliance, have transparency and minimize complexity?