Binance’s charity arm, Blockchain Charity Foundation (BCF) recently launched a new blockchain donation portal. The announcement came at the UNCTAD World Investment Forum, held at the United Nations Office in Geneva, Switzerland
Writing on Medium, Binance said it will cover all operational fees on the new BCF blockchain donation portal, ensuring that 100% of donations goes directly to the people who need it the most
“Blockchain is one of the tools in tech that we can use for achieving social good. Moreover, there is no good tech or wrong tech. At the stage of technology is looking for applications, leadership and entrepreneurship matters, we need industry leaders who have the entrepreneurship spirit to drive the right path to use the tech for good cause. I am glad Binance is one of the first ones in [using] blockchain [for charity]”, commented Helen Hai, UNIDO Goodwill Ambassador for Industrialization in Africa and head of BCF.