23 February 2017
Visit dh.com

Comic Relief explores bitcoin donations for next telethon

06 June 2014  |  6695 views  |  1 Red Nose Day

Comic Relief, the UK charity that raises cash for good causes, is exploring the potential for bitcoin donations at its next biennial telethon.

Since its launch in 1988, Comic Relief's Red Nose Day has become something of a British institution. It's the day, every two years, when people across the land come together and do something funny for money at home, school and work.

Comic Relief spends the money raised by Red Nose Day to help people living tough lives across the UK and Africa.

The 2013 event raised over £100 million through its televised telethon on the BBC, in which stars of the small screen don red noses and inspire the nation to give generously.

Finextra caught up with Zenon Hannick, agile project manager for Comic Relief at the recent Payments Council-sponsored innovation event in London.

Hannick says that 2013 was the first year in which online donations overtook the call centre for fund raising. Sixty percent of the online spend was donated by people using their mobile phones and tablets while watching the event live on TV.

The potential for bitcoin-giving was brought to his attention by a member of the development team who spotted that Comic Relief was getting a bad press online from techno-libertarians for failing to accept bitcoins.

Says Hannick: "I'm looking at the potential for us accepting bitcoins, seeing where the crypo-currency is going, and if that's something we need to address in the near future."

Comments: (1)

Robin Setty
Robin Setty - ACI Worldwide (EMEA) Limited - Watford | 11 June, 2014, 10:28

Sounds like Red Nose Day has got its first joke in early.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

US set to allow bitcoin campaign donations

US set to allow bitcoin campaign donations

08 November 2013  |  7836 views  |  0 comments | 11 tweets | 5 linkedin
Comic Relief looks to raise funds with ATM ad

Comic Relief looks to raise funds with ATM ad

09 March 2005  |  5771 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
Visit Yelloco.co.uk

Top topics

Most viewed Most shared
IBM and Visa join forces to turn billions of connected devices into points of saleIBM and Visa join forces to turn billions...
18960 views 11 comments | 56 tweets | 92 linkedin
hands typing furiouslyBlockchain Technology
10348 views 1 | 9 tweets | 2 linkedin
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
10192 views comments | 49 tweets | 67 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
7647 views comments | 37 tweets | 33 linkedin
Standard Chartered connects corporate customers to WeChatStandard Chartered connects corporate cust...
6086 views comments | 17 tweets | 19 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job