To mark the launch of Wirex’s ETH wallet, we teamed up with them to donate 20 ETH to a nominated charity of the community’s choice. Wirex is a UK FCA registered global digital money payment platform that offers a Wirex Visa card that lets users convert and spend cryptocurrency instantly.
We are delighted to announce that the prize of 20 ETH will go to Kizuna World, an innovative charity that allows people to make donations of BTC. It springs from the desire to “maximize, even by the smallest amount” the money that is delivered to a recipient of charitable donations.
Crypto can make this happen: no central banks and borderless payments means there are minimal fees and global transactions can be near instantaneous. The Kizuna World organization wants to use blockchain technology to make direct money transfers to any location in the world that requires aid.
Kizuna World charges no handling fees—the emphasis is on delivering money directly to those who need it. This, it says, was not possible before cryptocurrencies existed as banks can take several days to clear an international transaction.
A cross-border transaction sees further delay in some cases, for example, when the recipient to foreign aid has a different banking regulatory climate to the donating country.
This revolutionary charity is headed by Mai Fujimoto, or ‘Miss Bitcoin,’ who is an influential figure in the Japanese blockchain scene. A crowdfunder started the project in 2016 and according to its website has since seen over eight BTC in donations from backers worldwide.
Chronic crypto nut and freelance writer/editor for longer than I care to remember. Have finally found a home here at Crypto Disrupt.