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Crypto For Charity...

Currently, there's ii interesting stats at odds with each other.  Charitable donations are at a high of $500 billion per year. While at the same time, polls suggest trust inward how charitable organizations role their funds is at an all fourth dimension low.

What ameliorate agency to address this than with blockchain technology?  Accountability, too the lack of the mightiness to 'fudge the numbers' are alongside the most widely discussed advantages of the tech, too applying it to a sector suffering from populace mistrust presents a win/win chance for both those donating, too the legitimate organizations seeking donations.

So today we're taking a hold off at a fellowship addressing these issues with a cryptocurrency based platform that takes these issues caput on.  The fellowship involved is called "GiftCoin" too they suggest a ameliorate agency to create things.

The platform industrial plant similar this:  First, provides a house for charities to listing their projects, individuals too (think GoFundMe) these volition endure browseable online for anyone to see.

Then, they facilitate the donation process, inward cryptocurrency or USD.

Lastly, Giftcoin promises to "show y'all just when too where your money is spent."

"By giving absolute trust too confidence, nosotros believe donors volition conduct to compass to a greater extent than money to the causes they assist about. At a fourth dimension inward history of seemingly endless natural disasters, the refugee crises inward the Middle East, too a greater separate betwixt rich too wretched than always before, the withdraw has never been greater for such a platform." explains the company.

They're kicking off with some impressive partnerships every bit well, with charties already signing on to role the platform when it goes alive inward Oct including English linguistic communication Heritage, Optimum Health Clinic, Enhance The UK, Grief Encounter too more.

Giftcoin's token sale is alive straight off at https://www.giftcoin.org

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Author: Adam Lee
Asia News Desk


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