Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain-based platform for tracking and managing data. Dubbed “33 Charity,” the platform is designed to boost the transparency and efficiency of businesses’ internal processes, including charitable organizations, according to a press release published on Feb. 7. The platform appears to be a shared network where organizations can register, store and manage information about individuals. Improving the social trust system Donors and recipients are able to make requests under their own names, while medical institutions can apply for certificates of authority through identity authentication agencies to obtain signatures. CA certificates contain information about …
Hyperchain’s Feb. 4 press release announced the launch of its blockchain-based platform to fight against the coronavirus epidemic. It will serve as a medical supply donations portal to support hospitals in central China. The recent outbreak of coronavirus has killed more than 400 people in mainland China. The entire country and Chinese citizens overseas have been mobilized to donate. But doctors are still not getting enough crucial medical supplies. Red Cross China has come under fire for failing at delivering the urgent supplies to the front line hospitals. Together with Fuxing Group, Xiongan Group and other well-known enterprises, Hyperchain has …
An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. Syren Johnstone — executive director of the master in laws (compliance and regulation) program at the University of Hong Kong — published a post for the Oxford University Faculty of Law Department blog on Feb. 5 arguing that the coronavirus outbreak should be seen as a “call to arms for the tech industry.” Blockchain, AI and the market Johnstone’s argument opens with the claim that charities are currently hindered in their ability to channel donations …
Chinese non-profit Zhiyuan Hui — reportedly the world’s largest volunteer service platform — has announced its partnership with token economy infrastructure firm EveriToken. The news was announced Jan. 12 in an official EveriToken blog post. As of December 2018, Zhiyuan Hui reportedly serves over 430,000 non-profits, and its 71 million users are reported to have worked over 100 million service hours via its platform. According to the blog post, the United Nations-issued China Volunteer Service Economic Value Measurement Report has valued the platform at over $500 million. In order to manage this astonishing volume of users and service hours, Zhiyuan …
U.S. manufacturer of household cleaning supplies SC Johnson and environmental organization Plastic Bank will open several plastic recycling centers in Indonesia, offering locals tokens for waste collection, according to a press release published Sunday, Oct. 28. SC Johnson, which owns such brands as Glade, Ziploc and Mr. Muscle, has revealed recent scientific data on the plastic pollution of the ocean, stating that five Asian countries — China, Indonesia, the Philippines, Vietnam, and Thailand — account for more than 55 percent of the plastic waste leaking into the ocean. With the help of Plastic Bank, SC Johnson will open eight plastic …