Award-Winning I/O Digital Creates Foundation For Blockchain Work And Charities
I/O Digital, the creator of I/O Coin and its proof-of-stake blockchain network, has won the European FinTech awards and is launching a foundation called the I/O Digital Foundation to support blockchain projects as well as charity donations. I/O Digital won the public award at the European FinTech Awards in the blockchain category. I/O Digital now goes to the finals in the Bending FinTech awards. These honors provide I/O Digital more visibility and investor interest. With operations in Amsterdam and Miami, Fla., I/O Coin continues to focus on blockchain development. The company began in....
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The benefits of blockchain technology are creating new operating models for many types of organizations. Charities, which manage large amounts of money, require complex accounting and conduct a lot of research, have much to gain from blockchain technology as digital transactions and smart technology increase. The Charities Aid Foundation (CAF), based in London, U. K., recently released a 20-page report, "Giving Unchained - Philanthropy and the Blockchain," which examines how blockchain technology will affect the way charities raise money and operate. The report presents an example of how....
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Given the important role that charities and not-for-profit organizations play in society, the benefits of blockchain technology have just as much relevance to this sector of the economy as any other. The Charities Aid Foundation (CAF), a U.K.-based organization, has taken a pioneering role in exploring how blockchain technology can improve the governance of charities and not-for-profit organizations. The fact that a U.K. organization would take a leadership role in this area is not surprising, given the fact that the U.K. is one of the few countries to have dedicated governance of this....
In today's day and age, most people are completely unaware that many charities are charged a fixed transaction cost for every deposit into their bank account. Because of this, charities almost never see the entirety of donations given to them to help fight their cause or aid others. Also read: Bitcoin Microtransaction Advertisements Cause Issues for Some Bitcoin Websites. In order to raise awareness and provide philanthropists with a way to give every single bit of their donation to causes they care about, the Bitcoin Foundation, BitGive Foundation and Bitcoin Black Friday are teaming up....
The two organizations, Blockchain and the Bitcoin Foundation are trying to award those entities that are encouraging users to adapt Bitcoin and helping out the digital currency big way. Now, the two organizations have introduced the inaugural Blockchain Awards. In an announcement they say that the first annual Blockchain Awards will be given in May. The announcement came when the two organizations said that they want to celebrate innovation and excellence in the Bitcoin community with the awards. Co-presented by the Bitcoin Foundation and Blockchain.info, this inaugural awards ceremony....