There is a very low level of trust in charities in the world that provide systemic assistance - only 7% of the population trust non-profit organizations unconditionally.
Significant time delays in translation, international commissions, various payment systems.
A large number of intruders. Transfer money to people who knowingly mislead people in order to get money.
Legal difficulties, in providing assistance.
Geographical distance between philanthropists and those in need.
And it is with these problems can help the universal technology Blockchain. The work of charities through Blockchain technology can restore the level of trust and increase the amount of assistance provided to people in need.
Using Smart Contract and Blockchain technology?
There are no borders between countries. The ability to get the help of any person or company from any country in the world.
Transparency and openness of the result of the assistance provided. The victim can see the results of his help.
Reducing the organizational and administrative costs of non-profit organizationss. Blockchain allows you to transfer funds provided by the recipient directly to the sender.
Increase the speed of transactions. By minimizing the number of intermediaries, the transaction could be increased many times over.
Asset accounting. Thanks to blockchain, the charity and its partners at any time can assess the volume and availability of any charitable assets, as well as check compliance with the conditions for obtaining or using assets.
Charity and EDC Blockchain.
It is very noteworthy that one of the few Blockchain projects that wants to start its history of charity is EDC Blockchain. EDC Blockchain is a project that has a capitalization of more than $12 million. The essence of this platform is to help launch, support and promote Start-Up projects running on Blockchain.
EDC Blockchain is a platform where their cryptocurrency can be used for donations. The company is successful and you can learn more about it by clicking on the link.
The platform has launched a brand new project designed to help people who find themselves in a difficult life situation.
For now, the EDC Blockchain bounty campaign members (up to 20/10/ 2019) can donate.
A special open "promo-edcblockchain" account has been created on the EDC Blockchain platform for charitable purposes.
To participate in the action you need:
Telegram: https://t.me/EDCBlockchain
Twitter: https://twitter.com/EDCBlockchain
Wallet Web: https://wallet.blockchain.mn/
Facebook: https://www.facebook.com/EDCBlockchain/
Instagram: https://www.instagram.com/EDC.Blockchain/
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