HUMANCOIN- Improving Philanthropy Charity Platform With Blockchain
The real revolution that has occurred so far in this century is the innovation of blockchain technology. It has features that benefits almost every sectors with proved has we have seen different progressing blockchain-based project around us.
Blockchain innovation can rebrand philanthropy business. Philanthropy business still operating in old fashion ways whereas there are still issue of no trust with other hindrance. The philanthropy system still operating on a framework that donor do not have the way to check whether their assets have achieved the recipient in full and in the required time period.
All fund are been channeled to a centralized body whereas the administration might embezzle it without using it for the purpose.
Frankly speaking, the philanthropy business is operating at low level now and the system is facing many challenges.
A group of team has initiate the mechanism of blockchain technology to build a platform that will decentralized the philanthropy business as a whole and solve a various challenges facing the sector. The platform is called HUMANCOIN.
WHAT HUMANCOIN IS ALL ABOUT?
Humancoin is a blockchain platform that aimed to rebuild the philanthropy ecosystem. They plan that instead of rivaling existing projects, they coordinate with the officially existing platform to build a better philanthropy ecosystem.
Humancoin is a platform that joins altruism with the universe of crypto.
Humancoin aimed to build an e-commerce loyalty platform that will make donor offer his gift globally
ISSUES HUMANCOIN AIM TO SOLVE
The philanthropy business is currently operating on a system of no trust. Donor do doubts if their commitment will achieve the beneficiary in full and on time.
Again, donors don't see how precisely their gift will change the proposed beneficiaries.
Moreover, the current philanthropy system are full of uncertainty among the administration of the foundation. Donors cant specify whether they are paying for merchandise or giving to philanthropy.
The summary of the challenges facing this ecosystem, the innovation that is utilized in the philanthropy area is very low-level.
All these challenges is what Humancoin want to solve.
HERE IS THE SOLUTIONS OFFERED BY HUMANCOIN
The team of this project see the implementation of blockchain into philanthropy industry has the solution.
Humancoin being a blockchain-based platform will expel middle people or outsider specialist and recuperate the customary issues related with philanthropies. This mechanism will improve the generosity functions.
Humancoin will solve the challenges more lightly by implementing web based business, philanthropy and the crypto business all in same system.
Humancoin implementing blockchain into its platform will guarantee the trust issue by giving straightforwardness, traceability and security.
So with this new model, donors can contribute their gifts across the globe screen their consumption on the web and get profits by the platform's accomplices
HUMANCOIN TOKEN AND ICO DETAILS
For the sake of funding the project, the platform has organized an ICO event which will be used to build a better philanthropy ecosystem that will benefits everybody.
Humancoin holders will get a markdown on the exchange charges.
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