Charity FUNDcast: 3. Trustees and the use of crypto and AI tools

In this episode, Emma and Giles discuss the impact of how new AI and cryptocurrency is impacting charities. They explore the definition of cryptocurrencies and how they’re used for transactions and donations; look at examples of charities that have accepted crypto donations; and highlight the benefits and challenges associated with them.

They discuss the risks and considerations for charities when accepting crypto, including transparency, volatility, and environmental impact. They discuss the guidance provided by the Charity Commission and how AI technologies, specifically Chat GPT, and its wide range of applications, offer benefits but also limitations around privacy and data integrity.

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You can find more episodes from this series on our website here.