The crypto industry contributes to fighting COVID-19
A sudden global catastrophe has led to many philanthropic efforts from individuals and firms across the globe. The crypto industry is no different, and many companies and projects have provided support in this fight against COVID-19.
Bitcoiners turn to philanthropy
Using Bitcoin to send donations is a well-worn and proven concept, and 2017’s unprecedented bitcoin gains have enabled various early adopters to launch philanthropic endeavors. Wikileaks became the first to take advantage of bitcoin for donations in 2010, and has championed its use ever since. The first rush of mainstream charities accepting donations was in 2015.
Bitcoin charity platform Helperbit completes first case study
In the last few months devastating earthquakes have hit central Italy, devastating many mountain villages, killing nearly 300 people and displacing 22 thousand inhabitants. The environmentalist association [Legambiente](http://international.legambiente.it/), and several partners, have since been collaborating on a crowdfunding campaign for those affected.
GiveTrack offers confidence in charities
BitGive recently announced a new tool that allows everyone to see exactly where charitable funds go, and the impact they have. Called GiveTrack, the new service will use blockchain technology to allow donors and the public to trace transactions on a public platform in real time.
The philanthropic benefits of blockchain technology for charities
Multiple research reports from the Charities Aid Foundation sing the praises of blockchain technology and spell out the use cases for charities using the blockchain with their organizations.
Second largest US Charity, Fidelity Charitable, now accepts bitcoin donations
The US' second largest charity, Fidelity Charitable, has partnered with Coinbase to start accepting bitcoin donations. Available now, these donor-advisable, portfolio-ready charitable funds are tax deductible.
Donating Bitcoin to Charities Is On the Rise
The easier charities make it for people to give, the more charity is given. 95.4% of households [give to charity in the US](http://www.nptrust.org/philanthropic-resources/charitable-giving-statistics), with an average annual household contribution of $2,974.
UNICEF Sells Out Of Charitable “Digital Currency”
In partnership with the H&M Conscious Foundation, [Global relief organization UNICEF](http://www.unicef.ca/en/press-release/unicoin-the-first-currency-dedicated-to-good-launched-today) recently created a cryptocurrency to promote their ongoing campaign to bring educational materials to underserved children.
Cubits Partners With Wikando To Bring Bitcoin To Non-Profits
Bitcoin brokerage and payment processor Cubits has partnered with “fundraising-as-a-service” startup Wikando, which provides donation solutions for non-profits.
Bitcoin: Aiding Charities Across The Globe
Bitcoin has seen a lot of growth this year, and charities are jumping on board. Not only have bitcoiners started new unique charities, and donation drives, some of the worlds largest charitable organisations have started accepting bitcoin too.
Bitcoin Giving Tuesday: The Bitcoin Industry Comes Together
This thanksgiving holiday season leading bitcoin businesses and organizations have come together to launch the first day dedicated to charitable and philanthropic bitcoin donations.
