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tartup Fuzamei (China) launches a blockchain platform called "33 Charity" to help track charitable activities effectively.
Representative Fuzamei said the platform helps increase the transparency and efficiency of internal processes of businesses and charities. Units can register, store and manage information of each individual. With this platform, sponsors and recipients can make requests under their own names. Medical organizations apply for certification of authority through an identity verifier to obtain a CA digital signature that contains information including the name, contact details and expiration date of the certificate, which helps verify identity. calculation of each person. This certificate also associates cryptographic key pairs with the digital certificate.
The Fuzamei company deploys a blockchain-based platform focused on philanthropy to monitor and manage data. Photo: Cointelegraph.
Blockchain is a potential technology platform in ensuring more equitable aid and distribution, recognized by the United Nations, the Red Cross (ICRC) and the World Wildlife Fund (WWF). The effectiveness of blockchain in helping to raise funds for charity and support against corona virus is a typical example.
Along with the launch of the platform, Fuzamei also announced a contribution of 100,000 yuan ($ 14,280) to China to fight the outbreak of the epidemic, of which 60,000 yuan was invested in the private health.
In addition to Fuzamei, the crypto and blockchain business community in China also has support to help people fight back the epidemic of acute nCoV pneumonia soon. Specifically, crypto exchange Binance pledged to donate 10 million yuan ($ 1.44 million). Blockchain marketing service firm Krypital also donates to buy medical supplies for infected victims in Wuhan. Krypital claims to create a blockchain-based donation system that allows for all operations to be more transparent and efficient. Digital asset management firm Hyperchain also revealed the launch of a blockchain-based platform as a medical donation portal aimed at supporting hospitals in central China.
