
Problems with the traditional model
Trust issues are greater where there is money involved. Charity is one of such industries which is fighting hard to gain the trust of the investors because the industry has (until now) failed to provide a system where they could track down the utilization of investors’ money. People also doubt, even while donating to charity organizations, that whether their funds will reach the deserving or not. Beside trust issues, the traditional system has no answer to hefty transactional costs, barriers in sending money cross-border and regulatory restrictions. The system is outdated and therefore, it can’t offer any other benefits associated with the cause. The charity and donation sector could not flourish because of these problems and it needed an ultimate solution for a sustainable growth and success.
Solution to these problems
Humancoin, as the name suggests, helps humanity by providing a transparent system to the donors where they can trace down their payments to ensure that it reached to the right recipient and for the right cause. The platform allows them to instantly send donations anywhere in the world. They can also monitor their expenses and receive other benefits associated with the platform. The business model also includes e-commerce which will help the application grow at a faster rate. So these features are a sure indication that finally, blockchain has offered something to the donors and philanthropists for making payments under the complete trust of the system.
Other benefits of Humancoin platform

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Bitcointalk Username:
Digital_Lord
Eth Address: 0x7E676D85d45acc57A7483F3DE33BF6E87A42b10e
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