Charity and Blockchain.

Blockchain technology is a universal tool in today's world. But the most important problem that it solves is Trust.
Trust is what many people are lack now during the wild capitalism, which many people have become extremely mercantile and selfish.
It is Blockchain technology and Smart contacts that can help build trust between people and organizations. In this case, we will talk about non-profit organizations, charities and foundations. It is the low level of trust that often stops people from making small donations to these nonprofits.
Although doing good things is a basic concept of ethics for almost all people. Agree, it is pleasant to do good deeds and receive gratitude for it.
But it was the news that the foundation raised money to treat animals or sick children, and as a result, documents and certificates were fake - stops making donations to make contributions to such organizations. And often real people who have an urgent need of money for treatment - can not raise funds for this.
Many may say that the state should provide charitable and necessary assistance!
But! Charities and government agencies have very different approaches to aid. Funds work precisely and quickly solve problems that the authorities can not solve in a short time - they do not have operational resources for this and there is no independence in the distribution of finances.

If I donate money, I will never know what the NGOs spent it on. What if they are misjudged or ineffective?

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.

The lack of visible results of their assistance and information, to whom and to what extent money or resources were provided. The funds that benefactors contribute are dissolved in total, which causes mistrust, as there is no transparency.

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.
Без названия.jfif

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.

How does the donation process take place?

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:

Send EDC coins to Leasing.
By specifying "partners1545" in the "Partner Account" box
Take a screenshot after sending the coins.
Send a screenshot with the name of your EDC wallet to Telegram:@trugad.
For those who took part in the charity project, the EDC Blockchain platform will transfer the incentive bonus of 20% of the invested funds to the EDC Wallet wallet.