On April 5, Italy’s “blood donation day,” the Italian Red Cross constructed an advanced medical post using funds generated through a crypto fundraiser. The Italian Red Cross has raised nearly $32,000 through cryptocurrency donations in less than one month. Roughly $22,000 has been used to finance the construction of the initiative’s first advanced medical post in the town of Castel Gandolfo near Rome. The funds were spent by the initiative to purchase a pneumatic tent that will house the medical post, in addition to other materials. The tent was erected during Italy’s "blood donation day" and used as a screening …

The Italian Red Cross is now seeking Bitcoin (BTC) donations to purchase emerging medical equipment after its first-crypto initiative surpassed its goal within three days. On March 12, Italy’s Red Cross launched a BTC fundraising campaign to purchase an advanced medical post for pre-triaging coronavirus cases. Red Cross crypto fundraiser surpasses target in three days Just three days later, the Red Cross announced that its goal of around $10,710 (€10,000) had been reached and that it had begun purchasing the materials needed to deploy the pre-triage facility. After reaching its first goal so quickly, the Red Cross has continued to …

Three national units of the Red Cross — the largest humanitarian donor after the United Nations — are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. According to a report from the Thomas Reuters Foundation on Nov. 26, the Red Cross societies of Norway, Denmark and Kenya have launched a two-year plan to replace cash and voucher provision in aid and development efforts with blockchain-backed "local currencies." Plans to onboard 320,000 users As the report outlines, the Red Cross currently distributes $1 billion annually as cash and vouchers, either specifically targeted at disaster relief or …