HUMANCOIN: Enhancing the philanthropy industry

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It’s a good thing to know the world still got a lot of selfless individuals who care about the wellbeing of people they even hardly know. Ever puzzled what these varied billionaires do with their huge accumulated wealth? A good number of them choose to express kindness by donating relief materials and empowering people either through scholarships or giving out money. The yearning to help individuals in need is what philanthropic is all regarding about.

if we choose to look deeply into the lives of wealthy individuals, one would find out a good number of them are philanthropist. These individuals choose to give back to the world through charity organizations, sponsoring educations etc

According to a research administered by business executives in 2015 (Emmie Martins and Tanza Loudenback in businessinsider.com/the 20 most generous individuals ever known) Gale Carnegie was the person who established the standard of giving. In his words, he said and I quote ‘’no man can become rich without enriching others’’.

Over the past few years, quite a good number of people has devoted themselves to give back to the society. However, the challenge is these individuals have less time to manage a charity foundation so they choose to operate under other foundations which they personally sponsor.

The big question now is, do these funds get utilized properly? The charity industry has lost transparency and accountability, and this has been a very big error. I must say, this behaviour is inhuman and unjust. People keep donating billions while the needy gets little in return. are inhuman and unfair. Humancoin been a philanthropical industry has seen and observed for long which is why they are initiating a lasting solution to this problem.

HUMANCOIN Overview

Humancoin is simply a newly invented cryptocurrency powered by the Proof of Charity mining protocol. Humancoin is backed by retail e-commerce and charity industry. Blockchain technology on a single P2P convenient platform initiates transparency and traceability. additionally, Humancoin is a revolutionary platform initiating the synergy of philanthropy industry, retail e-commerce and cryptocurrency markets, that along have a combined value of $3.5 trillion. Humancoin unites philanthropists and recipients of funds on one P2P platform within the most convenient and clear means attainable.

The blockchain platform fuelled by the “mined” Humancoin token can breathe new life into the charity industry

Humancoin is establishing a connection between philanthropist all across the world's globe in other to facilitate a more transparent philanthropical industry.

SOLUTION

In the HUMANCOIN platform, users would have the ability to upload their various project in which requires funding. HUMANCOIN platform will also be adopting the use of a rating system which depends only on the data gathered on a particular project. A Philanthropist will no longer have to be compelled to undergo varied foundations or charities so as to empower people in need. the poor. On the platform, a philanthropist will simply log on to the HUMANCOIN platform, choose a particular project they intend to fund or donate to which will be based on a project rating. They will donate utilizing the platform token. With the aid of the platform, donors would be able to track and monitor how funds are being utilized.