This is a project review about HUMANCOIN – Bringing a new era to the charity industry through the adoption of the blockchain technology.
The rapid development of technology is affecting every aspect of our lives. This development has spread to all fields of finance, e-commerce, education, and art by the influence of globalization and above all bringing about the invention of the blockchain technology.
The possibilities of the Blockchain are enormous and it seems that almost any industry that deals with some sort of transaction, security and transparency which would mean any industry, can and will be disrupted by the Blockchain technology.
The concept of cryptocurrencies has made tremendous efforts towards evolving and revolutionizing the income generating sector through the utilization of blockchain technology, it has led to the monetization of many fields of human endeavor which were formally considered not viable, making innovations the order of the day whilst having the satisfaction of the customers needs most paramount in the dispensation of its services.
Virtually everyone who knows the current state of the charity industry recognizes the need to make the charity industry transparent and completely manageable with the help of the blockchain technology.
Blockchain can be used to transfer digital currencies, decentralise governance and conduct auditing in real time. Aid agencies are particularly interested in its potential, because bureaucracy and corruption diminish the value of government aid distributed to banks. Blockchain's transparent supply chain allows government, NGOs, delivery partners and beneficiaries to share and approve details of each transaction. this open history of transactions can revive the sector's image trust and transparency.
Doubts over whether the contribution will reach the recipient in full and on time, and a lack of trust in charities, due to the absence of any official international organizations for evaluating their activities. The complexity of cross-border payments for foreign projects, as well as potential issues in dealing with regulatory agencies; Unable to discern any additional benefits when making a donation.
Humancoin is an innovative blockchain platform which merges different sectors (the crptocurrency, e-commerse and the charity industry) to bring about a new era of change and lasting solutions to the philanthropy industry,
The invention of charitable blockchain platform integrated into e-commerce loyalty programs and cryptocurrencies will change the charity industry forever. The combinations of e-commerce and cryptocurrencies will facilitate an increase in the number of donors. For those involved in e-commerse offering a bonus affiliated with charity is an effective way to position their brand on an emotional level with their clients and finally, the whole process is just very convenient for everyone involved.
INCORPORATION OF THE BLOCKCHAIN TECHNOLOGY IN HUMANCOIN ECOSYSTEM WILL BRING ABOUT THE FOLLOWING IN THE CHARITY INDUSTRY
1. Donors can monitor transactions to see that their funds are being spent
exactly as intended;
2. Charities can demonstrate their integrity by providing information on
how the funds are being used.
3. Quick payments (including cross-border transactions) are simplified and
the problem of currency and cryptocurrency conversion is solved;
4. Automation of all processes wills significantly reduce transaction costs.
HUMANCOIN TOKEN DETAILS.
• Name HUMA
• Token Sale 3,055,000,000 HUMA
• Token Price 0.01 USD
• Platform Ethereum
• Token Supply 6,000,000,000 HUMA
• Hard Cap 26,000,000 USD
• Soft Cap 6,000,000 USD
• 50.9% token sale
• 16.7% Development
• 20% Advisors
• 8.3% Consultants and exchanges
• 4.1% Bounty
More Information Visit The official Links:[/i]
• Website : https://www.humancoin.net
• Whitepaper : http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
• ANN Thread : https://bitcointalk.org/index.php?topic=4469466
• Telegram : https://t.me/HumancoinChannel
• Twitter : https://twitter.com/humancoinnet
• Facebook : https://www.facebook.com/Human-Coin-1049107488575656