Pages:
Author

Topic: Blockchain Charity Fight Coronavirus (Read 210 times)

legendary
Activity: 2576
Merit: 1860
February 10, 2020, 09:25:34 PM
#27
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.

I don't think that they will loosen up everything because of this cases. Remember that they control everything, even giving warnings to doctors (who subsequently died) who went to their social media about the initial onset of the virus. They wanted to curb any information and doesn't want to the information to get up. But it spread very quickly, and they can't do anything about it. I speculated that maybe the death count was even manipulated to look like the numbers at not that big specially in Wuhan.

And I really hope that those who are putting this kind of charity in the name of blockchain are doing it in good faith. And that the money being raised will go to the rightful victim.

I share your suspicion. I am also thinking the numbers are highly trimmed down. I have read at least a single article claiming that as well. Although I cannot confirm whether it is true or not, knowing China, everything that comes out of the country through any forms of media have passed through their very stringent sifting process. Anything that would put the names of China and/or their leaders in bad image will be stricken out.

Even this charity has had to pass through several layers of screening most probably.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
February 10, 2020, 10:40:20 AM
#26
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
It's nice to hear that this platform or this forum can help with the cure of that corona virus. Even though bitcoin is not well known by other people and their knowledge is just the basics of the bitcoin. With their aim to help using bitcoin to give support, it will give the benefit for the cryptocurrencies to have their name better in the world.

This forum does not only talk about money, but there are also lots of things you can find in here different topics, and as far as I know. There are lots of people who actually do like this, which is making some charity to help other people. This is so good to hear, doing some good things for other people and using their money earning here. For now, coronavirus is spreading around the world, it is a global threat and this virus is spreading very fast, this money they are collecting is a big help to produce or support doctors to create a cure.

Its their government that isn't allowing BTC, even the rest of the governments aren't so friendly with BTC but you can see the people in China are very much active in trading BTC. And therefore its logical for these private groups to seek donations thru BTC after all it can be sent to them directly from either side of the planet.
This might not be a problem because as of now, China needs help from other countries. Do they still not accept bitcoin even if they are now in Crisis especially in health. They now need some masks and other stuff so that they can lessen the spread of the virus.
member
Activity: 560
Merit: 13
February 10, 2020, 10:28:21 AM
#25
Chinese government is not looking for any kinda charity or donation stuff they can take care of their people, well this virus didn't started in any poor countries. I am not saying this thought is not good, people only think if there's any emergency not for those who are desperately needed. Still I support to those who are ready to help in this tough situation with the help of BTC.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
February 10, 2020, 09:30:28 AM
#24

Its their government that isn't allowing BTC, even the rest of the governments aren't so friendly with BTC but you can see the people in China are very much active in trading BTC. And therefore its logical for these private groups to seek donations thru BTC after all it can be sent to them directly from either side of the planet.
newbie
Activity: 37
Merit: 0
February 10, 2020, 09:23:06 AM
#23
I'm surprised that people are finding more and more uses for blockchain. This is amazing.
legendary
Activity: 3080
Merit: 1353
February 10, 2020, 08:47:00 AM
#22
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.

I don't think that they will loosen up everything because of this cases. Remember that they control everything, even giving warnings to doctors (who subsequently died) who went to their social media about the initial onset of the virus. They wanted to curb any information and doesn't want to the information to get up. But it spread very quickly, and they can't do anything about it. I speculated that maybe the death count was even manipulated to look like the numbers at not that big specially in Wuhan.

And I really hope that those who are putting this kind of charity in the name of blockchain are doing it in good faith. And that the money being raised will go to the rightful victim.
full member
Activity: 232
Merit: 113
★777Coin.com★ Fun BTC Casino!
February 09, 2020, 08:51:16 PM
#21
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

It's nice to hear that this platform or this forum can help for the cure of that corona virus. Even though bitcoin is not well known by other people and their knowledge is just the basics of the bitcoin. With their aim to help using bitcoin to give support, it will give the benefit for the cryptocurrencies to have their name better in the world.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
February 09, 2020, 12:39:08 PM
#20
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.
full member
Activity: 229
Merit: 108
February 09, 2020, 05:08:46 AM
#19
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  Grin

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.
legendary
Activity: 2492
Merit: 1232
February 09, 2020, 02:56:00 AM
#18
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.
sr. member
Activity: 644
Merit: 364
In Code We Trust
February 09, 2020, 02:36:29 AM
#17
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.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 09, 2020, 02:20:23 AM
#16
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.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
February 09, 2020, 02:17:52 AM
#15
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.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
February 09, 2020, 02:15:24 AM
#14
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.
hero member
Activity: 2562
Merit: 577
February 09, 2020, 02:09:40 AM
#13
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.
hero member
Activity: 3150
Merit: 937
February 09, 2020, 02:08:39 AM
#12
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.
sr. member
Activity: 728
Merit: 254
February 09, 2020, 01:07:26 AM
#11
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.
sr. member
Activity: 714
Merit: 251
February 08, 2020, 06:07:27 AM
#10
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
hero member
Activity: 2716
Merit: 552
February 07, 2020, 08:17:41 AM
#9
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.
member
Activity: 686
Merit: 15
February 07, 2020, 08:00:50 AM
#8
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.
Pages:
Jump to: