ON A NEW ERA FOR CHARITY
Hello guys, I was surfing the internet today and I found something interesting I would share to you. Today we all know about the charity organizations or maybe if you don’t I will brief quickly about it.
BRIEF SUMMARY
The charity organization has gained a lot of popularity over so many decades. Thus, the charitable corporation is a non-profit organization (NPO) whose number one aims are social well-being and philanthropy like educational, charitable, religious or different major activities serving the general public.
The legal definition of a charitable agency depends from a different country and in some places in the country. The tax, regulation depends also in all country in which charity law varies also. However, the organization may not use any of its price range to profit men and women or entities.
Financial figures are indicators to evaluate the financial sustainability of a charity, most importantly, to charity evaluators. Every third person in this world gives charity at minimum once consistent with 12 months, with 50% of donors imparting resource to strangers according to the World Giving Index in 2017. In statistics, charities have raised staggering amounts of funds. Well, in the US only, a staggering amount of $400 billion. Besides, a two-third at least have donated money to a couple of charity foundations. Hence, the quantity of donations in the US has surpassed 2% of the states GDP however, 7(seven) new charitable foundations are created every day.
PROBLEMS
Although, the charitable organization is one important source for empowerment, however giving individuals who don’t have. But the problem is majorly is trust despite donating a huge sum of money by a private individual they genuinely lack the approach to verify whether or not their finances have reached their destinations incomplete and in the time frame, despite the fact that they transfer the money with the help of specialized businesses. Based on statistics 20% of donated funds are being kept as administrative cost by charity foundations. Secondly, many do face the complexity of cross-border payment (a transaction that involves corporations, individuals, central banks or settlement institution which occurs at least in two different countries) later finding difficulties with Governing bodies. So we found a platform that has eradicated all problems.
THE PLATFORM
Humancoin is a based Blockchain platform that is designed to eliminate the intermediary, getting rids of high donation conglomerate composed of NGOs, banks, law firms, and state bodies. Through Blockchain, it supports a digital mechanism for viewing and recording transactions. The issues of trust are solved because it platform has provided traceability, security, and transparency.
A new technology system facilitates the growth of direct financing platform on a massive graduated system. However, philanthropists can benefit from automated resourceful deals as the recipient allocations which will only be able to benefit from their capital after meeting compulsory conditions.
Do you know that some charitable organizations are accepting donations in cryptocurrencies? Those are the main advantages offered by Blockchain to deliver the growth of the charity industry.
OVERVIEW
The platform features ERC20 tokens, a loyalty rewards tokens. They are easily converted to any coupons, points, miles, and bonuses. Users who own token will be able to get benefits attached to it, which will provide a scalable, long-term demand of tokens. Also, as the platform population amount grows so the tokens.
FEATURES
• The first ever Blockchain program with the aim of potentially becoming a global loyalty e-commerce program aggregators.
• A unique advantage that gives philanthropy an association in developing the loyalty programs with assistance by creating a strong emotive resonance.
• The Humancoin token will be integrated into already existing systems.
FINAL THOUGHTS
I will say that this platform is the best for fitting into that space, the problem which has been huge distress has been solved by the platform, by integrating Blockchain users couldn’t ask for better. What an opportunity to grab.
For more exclusive info, click on the links below. Thanks.
Username: kelvinkent
https://www.humancoin.net/
http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
https://bitcointalk.org/index.php?topic=4469466
https://iconow.net/humancoin-ico-bounty/
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2313436
BRIEF SUMMARY
The legal definition of a charitable agency depends from a different country and in some places in the country. The tax, regulation depends also in all country in which charity law varies also. However, the organization may not use any of its price range to profit men and women or entities.
Financial figures are indicators to evaluate the financial sustainability of a charity, most importantly, to charity evaluators. Every third person in this world gives charity at minimum once consistent with 12 months, with 50% of donors imparting resource to strangers according to the World Giving Index in 2017. In statistics, charities have raised staggering amounts of funds. Well, in the US only, a staggering amount of $400 billion. Besides, a two-third at least have donated money to a couple of charity foundations. Hence, the quantity of donations in the US has surpassed 2% of the states GDP however, 7(seven) new charitable foundations are created every day.
PROBLEMS
Although, the charitable organization is one important source for empowerment, however giving individuals who don’t have. But the problem is majorly is trust despite donating a huge sum of money by a private individual they genuinely lack the approach to verify whether or not their finances have reached their destinations incomplete and in the time frame, despite the fact that they transfer the money with the help of specialized businesses. Based on statistics 20% of donated funds are being kept as administrative cost by charity foundations. Secondly, many do face the complexity of cross-border payment (a transaction that involves corporations, individuals, central banks or settlement institution which occurs at least in two different countries) later finding difficulties with Governing bodies. So we found a platform that has eradicated all problems.
THE PLATFORM
Humancoin is a based Blockchain platform that is designed to eliminate the intermediary, getting rids of high donation conglomerate composed of NGOs, banks, law firms, and state bodies. Through Blockchain, it supports a digital mechanism for viewing and recording transactions. The issues of trust are solved because it platform has provided traceability, security, and transparency.
A new technology system facilitates the growth of direct financing platform on a massive graduated system. However, philanthropists can benefit from automated resourceful deals as the recipient allocations which will only be able to benefit from their capital after meeting compulsory conditions.
Do you know that some charitable organizations are accepting donations in cryptocurrencies? Those are the main advantages offered by Blockchain to deliver the growth of the charity industry.
OVERVIEW
The platform features ERC20 tokens, a loyalty rewards tokens. They are easily converted to any coupons, points, miles, and bonuses. Users who own token will be able to get benefits attached to it, which will provide a scalable, long-term demand of tokens. Also, as the platform population amount grows so the tokens.
FEATURES
• The first ever Blockchain program with the aim of potentially becoming a global loyalty e-commerce program aggregators.
• A unique advantage that gives philanthropy an association in developing the loyalty programs with assistance by creating a strong emotive resonance.
• The Humancoin token will be integrated into already existing systems.
FINAL THOUGHTS
I will say that this platform is the best for fitting into that space, the problem which has been huge distress has been solved by the platform, by integrating Blockchain users couldn’t ask for better. What an opportunity to grab.
For more exclusive info, click on the links below. Thanks.
Username: kelvinkent
https://www.humancoin.net/
http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
https://bitcointalk.org/index.php?topic=4469466
https://iconow.net/humancoin-ico-bounty/
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2313436
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