According to the Binance CEO, BCF will use its donation platform to first raise funds for victims of floods and landslides in the eastern part of Uganda in East Africa. According to Binance decentralized blockchain startup, TRON foundation had promised a 3 million dollar donation to BCF. BCF is reportedly already accepting donations in the form of Bitcoin, Ethereum and Binance coin. This has ... Binance, which is on its way to record between $500 million and $1 billion profit in 2018 after reporting $300 million in revenue in the first semester, is helping out the ones in need with its disaster relief donation of $1 million. The operator has also called for its cryptocurrency friends and partners to join in the initiative. Crypto and bitcoin donations recorded on the blockchain are fully traceable and unchangeable. The immutable nature of blockchain and distributed ledger technology allows all stakeholders, from donor to end beneficiary, to know exactly where the funds are coming from––and where the funds are going. For Binance Charity, any donor can view, research and select the charitable crypto donation ... Another very worthy donation of 281.1 BTC ($1 million) from an anonymous donor was received by Charity water. There were many other charitable activities and here below we list some of the most worthy ones: in June 2019 Ripple Co-Founder donated $25 Million in XRP to San Francisco State University; Ripple donated $29 million in XRP to the DonorsChoose charity fund and $50 million to 17 ... Binance Charity (BC) has donated $70k worth of personal protective equipment (PPE) to eighteen hospitals and government institutions in the Philippines.. The contribution, which includes sanitizer, goggles, masks, gloves, and overalls, is intended to keep healthcare professionals safe as they tend to victims of the virus. Binance launched its first fiat-crypto exchange in Uganda in October 2018, enabling the trade of the Uganda shilling with Bitcoin, Ethereum, Binance Coin, and Paxos Standard Token. Today, Binance Uganda is critical for developing blockchain-powered charity projects in the country.
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