Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
POWERED BY  

 

BTC
USD
65,540
EUR
61,194
GBP
51,736
BTC
USD
65,540
EUR
61,194
GBP
51,736
BTC
USD
65,540
EUR
61,194
GBP
51,736
BTC
USD
65,540
EUR
61,194
GBP
51,736
BTC
USD
65,540
EUR
61,194
GBP
51,736
BTC
USD
65,540
EUR
61,194
GBP
51,736
BTC
USD
65,540
EUR
61,194
GBP
51,736
POWERED BY  
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
POWERED BY  

Keeping the Homeless in Brazil Warm with Cryptocurrency

Keeping the Homeless in Brazil Warm with Cryptocurrency


One of the major strengths of cryptocurrency is its transparency and decentralised nature. It’s easy to trace cryptocurrency transactions and multi-national projects can use them more conveniently than local currencies.

Of course, not everyone sees these benefits as benefits. Legislators often point out that the privacy of cryptocurrencies can be used to make illicit transactions.

While KYC compliance on reputable exchanges prevents illicit activity, blockchain transfers can be used to hide illegal acts. Most people, however, use cryptocurrency as a speculative asset, for everyday purchases, and even for good.

Cryptocurrency for Good

The fact that people can use decentralised currencies to get around fiat is neither inherently good nor bad. It is simply beneficial for people who live in areas where multiple fiat currencies are in use. It also allows people to send money to people who need it without dealing with currency transfer.

BlockchainBH is a Brazilian organisation that spreads information about blockchain technologies. They do this through disseminating information and supporting projects that use blockchain for good.

Warm Up is one of those projects.

The Warm Up Project

Warm Up has actually happened for the last three years, making it older than BlockchainBH. However, partnering with the organisation has allowed them to grow in size and scope.

According to the site, the aim of the campaign is to gather donations in cryptocurrency which will be used to buy and distribute blankets to the homeless population of Belo Horizonte.

Warm up project cryptocurrency Brazil

Using decentralised currency helps the organisation to get the most out of their donations by avoiding transfer and exchange fees. This allows them to profitably collect donations from around the world. Using cryptocurrency also allows for complete transparency. Donors can use the wallet addresses to donate as well as to see how much others have donated. This helps ensure that donations go where donors intend.

The project raised money in both Bitcoin and Ether, according to last year’s transparency report. They also accept donations in Litecoin and Stellar Lumens.

In addition to BlockchainBH, the Warm Up project is also getting support from Dvision Tech, a development and consultancy firm. Once donations reach a set cap, Dvision Tech matches the donations.

Looking at Cryptocurrency with Love

Transparency and donor pool size are both classic problems for charities around the world. Cryptocurrency doesn’t solve all of the problems that charities face but it helps to solve these two.

Charities that use cryptocurrency can build trust quickly and receive international donations, increasing the size of the donor pool.

There are some legitimate concerns regarding how some people use crypto. However, those concerns also extend to other forms of currency. It’s easy to be afraid of  new technology. However, one should not forget to consider their qualities as well.

Comments(5)

  1. comment Sex Videos says

    hello!,I really like your writing so a lot! share we keep up a correspondence extra approximately your post on AOL? I need an expert in this house to unravel my problem. May be that is you! Taking a look ahead to see you.

  2. comment Belle delphine porn says

    Normally I do not read article on blogs, however I would like to say that this write-up very forced me to try and do so! Your writing style has been amazed me. Thanks, quite great post.

  3. comment Szpiegowskie Telefonu says

    Gdy podejrzewamy, że nasza żona lub mąż zdradził małżeństwo, ale nie ma na to bezpośrednich dowodów lub chcemy się martwić o bezpieczeństwo naszych dzieci, dobrym rozwiązaniem jest również monitorowanie ich telefonów komórkowych, które zazwyczaj pozwala na uzyskanie ważniejszych informacji.

  4. comment Text To Speech says

    Somebody essentially lend a hand to make significantly posts I might state. That is the very first time I frequented your web page and up to now? I surprised with the research you made to create this particular put up amazing. Excellent job!

  5. comment Szpiegowskie Telefonu says

    Jak odzyskać usunięte SMS – Y z telefonu komórkowego? Nie ma kosza na SMS – Y, więc jak przywrócić SMS – Y po ich usunięciu?

Post a comment