Humancoin: Paving the way for the debut of the Philanthropy industry to the digital scene

kalikanan (29)in #crypto • 6 years ago

With the advancement of technology, we are now able to do things that were once deemed impossible and turned them all into a possible case. But despite all these, there is yet one sector that seemed to be left behind by these advancements, and that is that Philanthropy industry.

Once we see some online movements to support someone in need or an organization knocking on our hearts for some kind donations to their supported organizations, there is this little feeling of uncertainty that makes us think twice of whether to proceed donating or not. This uncertainty is what leaves us a feeling of guilt or worries as to why we weren’t able to fully reach out even in the slightest touch of kindness embedded in reaching out through donations.

Along with other concerns that leave the Philanthropy industry hanging from such technological advancements, the team behind Humancoin has finally came up with an idea that will allow reaching out and fulfilling our acts of kindness in the fastest, most secured and transparent way possible.

Humancoin is a digital breakthrough Blockchain-based project that makes use of its powerful capabilities in bringing a digital revolution to the Philanthropy industry. Humancoin aims to provide countless of donors and kind hearts all over the world to access charities, cases and movements that they wish to reach their help to.

Also, the team behind Humancoin envisions the Humancoin platform as one big platform composing of the charity, e-commerce and cryptocurrency industry. They also see Humancoin as a loyalty program aggregator that will unite different platforms who share the same interests and leave the world a remarkable change.

Without being said, it is truly visible how little technology is deployed to the Philanthropy industry. In this digital era, despite having a lot of platform to showcase some movements, charity activities and personal cases, many are still left with doubts and the lack of knowledge to the facts behind every activity are what makes donors think twice.

The Humancoin Difference

The team behind Humancoin has studied the relationship of the charity, e-commerce and cryptocurrency market to come up with a digital solution for the Philanthropist industry.

In each passing day, there are a growing number of charity cases, personal cases and movements every day who wish to raise awareness on their individual details. With this, many of us are also finding ways to reach out in acts that we are capable of doing so, donating. This is being marked by the increasing number of donors worldwide and the increased activities of businesses in social responsibilities.

Many businesses and e-commerce shops are turning on to donating to lessen their tax payments. Upon thinking, donating some excess cash is way better than anything else. And this means more aids for so many Philanthropists. And with the power and capabilities of the Blockchain technology and the use of cyrptocurrencies, the team of Humancoin has eliminated barriers that were once stopping donors from successfully donating.

With Humancoin, problems of donors’ lack of trust will be solved. Donors are now guaranteed that their donations will successfully reach the receiving end with Humancoin’s direct transfer system, a P2P system that ensures receiving of donations in an instant. Receipt will also be given for tax deduction purposes or for personal tracking purposes.

And through the use of the Blockchain technology that is secured, direct and privately traceable, Humancoin has eliminated the need for some intermediary entities such as NGOs, banks, regulatory bodies resulting to a more affordable transaction fees. Also, cross-border donations can be easily done in any preferred currencies.

And with an incentivized platform, donors will also have the option to mine their tokens and exchange them as soon as the tokens value grows bigger along with activities in the Humancoin platform. This is one good reason why the use of cryptocurrency will not only benefit the receiving end but also benefactors.

How Humancoin Works

Charity organizations will have to register on the Humancoin platform to make their details public to many possible donors within the Humancoin community. Donors have the freedom to look for their preferred charity, organizations or movements to donate to or to simply engage in a Humanpool activity.

Humanpool allows donors who are too busy to look for some organizations and would like to equally reach out to charity activities that are screened according to the donors’ preferences. An equal worth of donations will be given to the top ranked activities that are being screened by the Humancoin platform itself in relation to the predefined preferences of the donor.

All donations will have a receipt that will be sent to the donor. Donors also have the benefit to look over and monitor all transactions done to ensure that their donations successfully reached all receiving ends.

The Humancoin Token System

The image below shows the different activities and uses of the Humancoin tokens. It can be used to donate to partner charities, shop to some partner e-commerce website and can be used for an exchange.

The Humancoin tokens are ERC20 tokens and offers great future opportunities.