Blockchain Charity Fight Coronavirus

[Asuspawer09]

With the outbreak of coronavirus in China it already killed more than 400 people it is already reported that front line hospitals in China are not getting enough medical supplies.

Hyperchain’s together Fuxing Group, Xiongan Group, and other well-known enterprises are going to launch a blockchain-based platform which is gonna be used in fighting the coronavirus.
It is going to be a donation portal that is going to support medical supply and hospital in China.




Source:
https://cointelegraph.com/news/blockchain-charity-platform-to-fight-against-the-coronavirus-outbreak

[bgaf]

This is great another one platform together with some of their affiliate launch donation site for victims of the harmful corona virus. IMO, they should have extend around the globe the support of this launchingand not just only from people of China. Many people everywhere has seriously affected by this and lots of it are almost under investigation case already.

I hope Justin Sun do this instead of posting the tweet with his face mask on and bragging on how he gonna do his donation for this corona virus outbreak.

[Darker45]

The title of the article suggests a different idea. I initially thought blockchain is being used here in ways that would directly find a solution to this novel case. By fight here, it means making the donation process related to this outbreak transparent and verifiable so that the donors know where their donations go. That's still fighting against this virus although indirectly.

Transparency indeed is an issue especially in times of disaster. Well, it is good news that blockchain is again put into good use in a real-life situation.  

[seoincorporation]

Lol, is fun to see how china has been a pain in the balls with bitcoin in the past years, and now they see it as an income opportunity. So, for them to use bitcoin is wrong, but bitcoin donations are welcome.

This is like tinder, they are fucking without love 

[Artemis3]

Lol, is fun to see how china has been a pain in the balls with bitcoin in the past years, and now they see it as an income opportunity. So, for them to use bitcoin is wrong, but bitcoin donations are welcome.

This is like tinder, they are fucking without love 

I don't think this charity fund is sanctioned by the Chinese gov, more likely those (private) companies will give it so THEY get the credit in front of the Chinese officials. Not unlike Binance and the others doing the same thing.

[AmoreJaz]

The title of the article suggests a different idea. I initially thought blockchain is being used here in ways that would directly find a solution to this novel case. By fight here, it means making the donation process related to this outbreak transparent and verifiable so that the donors know where their donations go. That's still fighting against this virus although indirectly.

Transparency indeed is an issue especially in times of disaster. Well, it is good news that blockchain is again put into good use in a real-life situation.  

now, the chinese government will see that blockchain technology can be utilised at any situation and maybe loosen up their laws and regulations towards this new tech. they can now test how transparency works  and how convenient the transactions would be by employing this technology. this is a good initiative to at least lessen the burden of the affected areas.

[Bitcoinislife09]

I think this is still a great help for the Coronavirus outbreak even though China is a rich country still their is still a lot of medical supply that is not yet fully supported by the government we know that even the face mask in China is getting out of stock even in other countries that is affected face mask and medical equipment is lacking.

Having this Charity is surely going to help a lot of people in China also China has a lot of mining companies I think it might affect us in the future we a large number of people in China got affected by the outbreak.

[Leonardo7]

This is how the world ought to support humans. Binance Charity already supported the fight against the epidemics with about $1.3M which is good. I hope the fund goes a long way to fighting the situation. Blockchain changing and impacting lives.

[Oasisman]

I think that the problem is actually not a lack of funding, but the inability to control the spread of a new virus. I think the data is very underestimated. Although the idea of ​​transparency in any field will be appropriate.

Exactly! And also, the transportation of additional medical supplies to continue the research of the cure. Not so many people would risks their lives to enter China, Wuhan region to be specific to deliver the supplies.
I don't see China running out of funds, but the risks of delivering  supplies inside the region will hinder the progress on developing a cure.

[fabiola!]

I dont think that china needs funding it is 13 trillion dollar economy and it does not have funds for medical supplies , if the funding was for , WHO or research for developing vaccines that would be making sense

[airdnasxela]

I like the idea of how various groups team up to donate and help the medical groups in China.

I dont think that china needs funding it is 13 trillion dollar economy and it does not have funds for medical supplies , if the funding was for , WHO or research for developing vaccines that would be making sense

Why would they not need the fund? China might be a big and powerful country but they also need help. In China, face masks are out of stock. The population in China is so big and imagine how many people need to use face masks everyday, so they'll be needing it to supply everyone face masks. That's just one example, and they would really need fund. They have already spend some of their fund to build the hospital or facility for those who will be affected by the virus.

[davis196]

I won't trust "blockchain donation programs". Who guarantees that the cryptocoins will reach the people and hospitals,that really need help?This might turn into another exit scam.Anyone,who wants to donate funds will have to send them to the Chinese government,I don't like the Chinese government and the Chinese communist party,but we will have to trust them in this case.

[Anonylz]

This is a very inspiring way to use btc indeed, it is good to see people working together doing charity work to support the people in distress, well i hope china can see and appreciate this humanitarian work, this is a country that has always display negativity towards btc, openly announce a ban on btc, always the reason why btc price will go low, now same btc tey have criticize so much is coming to support them in their most difficult time, i hope this single act can bring global attention to btc.

[Twinkledoe]

I won't trust "blockchain donation programs". Who guarantees that the cryptocoins will reach the people and hospitals,that really need help?This might turn into another exit scam.Anyone,who wants to donate funds will have to send them to the Chinese government,I don't like the Chinese government and the Chinese communist party,but we will have to trust them in this case.

It is really difficult to trust a specific company to manage such donations as you don't know exactly what is their true motive by this initiative. However, if you just want to contribute to help this current crisis, you will blindly trust this organization to do their job. Or if you know somebody in that area or country, better send it to them directly.

[Ucy]

Good stuff.
I guess we will need to confirm how reliable the Blockchain platform will be before donating.
I think donations without these confirmations could encourage lots of scam foundations to spring up. Internet is actually a difficult place to make good donations. I hardly encourage people to donate without investigating.

[abel1337]

I won't trust "blockchain donation programs". Who guarantees that the cryptocoins will reach the people and hospitals,that really need help?This might turn into another exit scam.Anyone,who wants to donate funds will have to send them to the Chinese government,I don't like the Chinese government and the Chinese communist party,but we will have to trust them in this case.

Maybe if one of a trusted member here who got a good reputation and history do some help by collecting the donated funds and might organize the said charity event.

There is a lot of ways to help the victims and people who help fight the Coronavirus, Donating on a charity is one of those, There is a lot of people doubt about where will they be donating. Donating on a particular group or a person who has a history of doing help like this should be chosen.

If you don't trust anyone to give some of your donations, You can do it yourself by doing some small task as we did with my friends.

I and my friends did a small thing to prevent this kind of virus infect our fellowmen, We distributed a free mask since the mask on the market now is overpriced and it is on a limited quantity because of the demand.

This outbreak should be stopped before this virus conquers the world.

[Debonaire217]

With the serious world health concern, various means of helping is needed in order to make the human race alive. I like the idea of using blockchain technology to help corona virus patients, but I do think that it is not fund that is needed, but cooperation and knowledge to develop anti virus to help infected and those others to help them prevent being infected.

In addition, rather than having donations using fiats, I think it is a great way to lunch an altcoin as well, basically taking advantage of the situation to make their crypto popular.

[sheenshane]

snip-
It is going to be a donation portal that is going to support medical supply and hospital in China.

There are already existing charity programs that already helped an epidemic victim in China (Binance Charity Foundation), they have been bought over 470k medical supplies directly to 50+ hospitals in Wuhan and surrounding cities. Yes, that was directly and there are no third parties involved or even the government of China. So, I think Donation portal is useless if they are not personally donating directly to the Victim area.

But who knows they will do what Binance did and that is great to help China's victim of an epidemic, the Novel Coronavirus. At this Chinese government will realize how useful the blockchain system and probably they will open their mind not to prohibit to use Bitcoin and other cryptos.

[ekans45]

Lol, is fun to see how china has been a pain in the balls with bitcoin in the past years, and now they see it as an income opportunity. So, for them to use bitcoin is wrong, but bitcoin donations are welcome.

This is like tinder, they are fucking without love 

Not exactly it is wrong to use Bitcoin in China. Instead they more likely treat it as a property. It was okay for them to buy something using crypto but since the government of china wants control they set a regulations about this. You can own and transfer bitcoin and it is protected by their law However financial institutions are  not allowed to be involved on trading cryptocurrencies.

[Docnaster]

With the outbreak of coronavirus in China it already killed more than 400 people it is already reported that front line hospitals in China are not getting enough medical supplies.

Hyperchain’s together Fuxing Group, Xiongan Group, and other well-known enterprises are going to launch a blockchain-based platform which is gonna be used in fighting the coronavirus.
It is going to be a donation portal that is going to support medical supply and hospital in China.




Source:
https://cointelegraph.com/news/blockchain-charity-platform-to-fight-against-the-coronavirus-outbreak

Hasn't the Chinese government already got a handle on it? It's a communist government that practically controls the money supply and distribution of public funds...

How exactly is setting up a charity going to help, and why does it need to be accomplished using blockchain?

It would be so much more effective if they just assisted current fund raising efforts to produce a huge donation funnel, rather than splitting it into separate donation silos.