cryptocurrency is increasing, people have heard it, and more and more people want more to know and know more about it, and discover how to be a part of it. When blockchain technology comes along, so many things change, for the better, we say. So many businesses have improved, so many companies have started to use crypto currency in their work. New ideas come every day. People want to invest in a new project. We have the largest tool in the world, and it's called the Internet. The Internet is the basis of enormous information on which we can do anything. The Internet has connected the whole world. One of these projects is Humancoin
WHAT A MAN IS ALL ABOUT
Humancoin is a tool or manifestation to revolutionize the philanthropy industry by connecting donors and charity projects on a single platform. This platform allows donors to donate quickly and monitor their transactions on a decentralized transparent network. Charity projects can also benefit by receiving funds quickly and in a comfortable currency. The project links the philanthropic industry with e-commerce and cryptocurrency markets to start a new era of charity.
Problem
Despite the emergence of a new mechanism to contribute, the charity industry still can not overcome its main obstacle - lack of trust. Donors, most of whom are individuals, have no means to verify whether their funds have reached the recipient in full and within the required timeframe, even if they transfer money with the assistance of specialized organizations. According to various sources, about 20% (or more) of all donated funds are ultimately saved as administrative costs by charitable foundations. Many face the complexity of cross-border payments (when one wants to assist foreign recipients) and then, potential difficulties with regulatory bodies. In addition, donors are forced to spend part of their well-intentioned contributions to cover the operational costs of the transaction.
Solution
The distributed ledger technology, designed to terminate intermediaries, eliminates long charity chains consisting of banks, NGOs, state agencies and law firms. Blockchain provides a digital mechanism for recording and viewing each transaction. It is important that records can not be hacked or modified. Blockchain solves trust issues by providing transparency, search, and security. Importantly, the new technology facilitates the development of direct financing platforms on a much larger scale. Philanthropists themselves can ultimately benefit from automatic intelligent contracts because grant recipients will only be able to use their funds after complying with mandatory requirements.
Why have Humancoins?
Humancoin tokens are easily converted into points, miles, bonuses, coupons. Token owners are given an incentive to hold them to take advantage of attractive benefits. And it provides long-term and stable token demand.
As the number of partners and scope of cooperation within the HumancoT Network grows, so does the popularity of tokens.
The concept of "mining" Evidence from Charity allows the project to reach the scale of hundreds and thousands of times.
Humancoin's unique feature
This is the first blockchain project that has the potential to become an aggregator of global e-commerce loyalty programs.
The association with philanthropy provides its token a unique advantage in developing a loyalty program with partners that creates a strong emotional resonance.
Instead of competing against existing programs, the Humancoin token is easily integrated into existing systems - all it takes is to set conversion rates.
How it works
The platform provides an opportunity to fully track online donations, as well as vote and rank for projects and philanthropic along with other features
There is also an option to receive a receipt for each donation to be used for tax deduction purposes depending on the donor's tax jurisdiction
Future project expansions will be financed by 5% - generated from funds raised for charitable projects, which are 4 times lower than the market average.
Humancoin Platform:
This is a peer to peer platform where donors, recipients, and e-commerce players will be linked to each other. The first charity projects should fill out the standard form for this platform to register. The listed projects will be verified by the forensics team and after validation, the project will be displayed on the platform. After this, donors can transfer funds by selecting whatever project they wish to donate. Donors and recipients can instantly communicate with each other that will help them know the status of the project ama
WHAT A MAN IS ALL ABOUT
Humancoin is a tool or manifestation to revolutionize the philanthropy industry by connecting donors and charity projects on a single platform. This platform allows donors to donate quickly and monitor their transactions on a decentralized transparent network. Charity projects can also benefit by receiving funds quickly and in a comfortable currency. The project links the philanthropic industry with e-commerce and cryptocurrency markets to start a new era of charity.
Problem
Despite the emergence of a new mechanism to contribute, the charity industry still can not overcome its main obstacle - lack of trust. Donors, most of whom are individuals, have no means to verify whether their funds have reached the recipient in full and within the required timeframe, even if they transfer money with the assistance of specialized organizations. According to various sources, about 20% (or more) of all donated funds are ultimately saved as administrative costs by charitable foundations. Many face the complexity of cross-border payments (when one wants to assist foreign recipients) and then, potential difficulties with regulatory bodies. In addition, donors are forced to spend part of their well-intentioned contributions to cover the operational costs of the transaction.
Solution
The distributed ledger technology, designed to terminate intermediaries, eliminates long charity chains consisting of banks, NGOs, state agencies and law firms. Blockchain provides a digital mechanism for recording and viewing each transaction. It is important that records can not be hacked or modified. Blockchain solves trust issues by providing transparency, search, and security. Importantly, the new technology facilitates the development of direct financing platforms on a much larger scale. Philanthropists themselves can ultimately benefit from automatic intelligent contracts because grant recipients will only be able to use their funds after complying with mandatory requirements.
Why have Humancoins?
Humancoin tokens are easily converted into points, miles, bonuses, coupons. Token owners are given an incentive to hold them to take advantage of attractive benefits. And it provides long-term and stable token demand.
As the number of partners and scope of cooperation within the HumancoT Network grows, so does the popularity of tokens.
The concept of "mining" Evidence from Charity allows the project to reach the scale of hundreds and thousands of times.
Humancoin's unique feature
This is the first blockchain project that has the potential to become an aggregator of global e-commerce loyalty programs.
The association with philanthropy provides its token a unique advantage in developing a loyalty program with partners that creates a strong emotional resonance.
Instead of competing against existing programs, the Humancoin token is easily integrated into existing systems - all it takes is to set conversion rates.
How it works
The platform provides an opportunity to fully track online donations, as well as vote and rank for projects and philanthropic along with other features
There is also an option to receive a receipt for each donation to be used for tax deduction purposes depending on the donor's tax jurisdiction
Future project expansions will be financed by 5% - generated from funds raised for charitable projects, which are 4 times lower than the market average.
Humancoin Platform:
This is a peer to peer platform where donors, recipients, and e-commerce players will be linked to each other. The first charity projects should fill out the standard form for this platform to register. The listed projects will be verified by the forensics team and after validation, the project will be displayed on the platform. After this, donors can transfer funds by selecting whatever project they wish to donate. Donors and recipients can instantly communicate with each other that will help them know the status of the project ama
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