HomeBlockchainBinance presents the Blockchain based donation portal

Binance presents the Blockchain based donation portal

Today, 24th of October, on the occasion of the 73rd anniversary of United Nations Day, the Blockchain Charity Foundation (BCF) of Binance launched a blockchain-based donation portal during the World Investment Forum.

This charity system will immediately start accepting donations in bitcoin, ethereum and binance coin. BCF will also open a donation channel to support victims of recent floods and landslides in Uganda.

Helen Hai, UNIDO Ambassador and Head of the Blockchain Charity Foundation, explained: “Donations through the BCF platform will ensure full transparency, accountability and direct access to final recipients. BCF will use blockchain technology to help bridge the UN SDG funding gap and directly empower more than a billion people living in poverty. We believe that poverty is not a destiny“.

Transparency will help improve all of our 17 Sustainable Development Goals,” said Binance CEO Changpeng Zhao during the presentation, describing the impact that the blockchain had last month on the collection of donations aiding Japan.

Conceptually, it’s easy to track the flow of funds across multiple layers and we can make it 100% transparent. At the same time, for whatever Binance is involved with, we promise that 100% of the donations will go to the final beneficiaries, and all costs will be covered by Binance, the company and the foundation.”

Binance aims to use blockchain technology to achieve the UN Sustainable Development Goals (SDGs). Not only Binance, but also Bancor, UNICEF, IBM, Hyperledger and ConsenSys met during today’s event to discuss the implementation of the blockchain.

Justin Sun, CEO of Tron Foundation, also said: “All of us here have made the decision to be leaders in shaping blockchain technology for the social good. The Binance Charity Foundation is taking substantial steps in this direction by increasing the transparency of donations so that we can see where the goodwill of donors is going and what impact it has”.

Amelia Tomasicchio
Amelia Tomasicchiohttps://cryptonomist.ch
Esperta di digital marketing, Amelia inizia a lavorare nel settore fintech nel 2014 dopo aver scritto la sua tesi di laurea sulla tecnologia Bitcoin. Precedentemente è stata un'autrice di diversi magazine crypto all'estero e CMO di Eidoo. Oggi è co-founder e direttrice di Cryptonomist, oltre che Italian PR manager per l'exchange Bitget. E' stata nominata una delle 30 under 30 secondo Forbes. Oggi Amelia è anche insegnante di marketing presso Digital Coach e ha pubblicato un libro "NFT: la guida completa'" edito Mondadori. Inoltre è co-founder del progetto NFT chiamati The NFT Magazine, oltre ad aiutare artisti e aziende ad entrare nel settore. Come advisor, Amelia è anche coinvolta in progetti sul metaverso come The Nemesis e OVER.
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