HUMANCOIN: A REVOLUTIONARY P2P PLATFORM THAT BRINGS TOGETHER DONOR, RECIPIENTS AND E-COMMERCE PLAYERS

capableuwa (44)in #ico • 6 years ago (edited)

It is no longer a surprise that some Individuals, Countries and Organizations need help. As a result of this desire, there are also some set of organizations, individual who have the mind set of giving help effectively to those truly in need without any considerations. Hence; there are numerous charity organization, Non-Governmental Organization (NGOs) set aside for the purpose of creating help for the needy thereby reducing poverty to its minimal.

But there have been some challenges over the last couple of years which have hindered most charity organizations or a philanthropist in helping those in need. I had a first hand experience when i was working with an organization here in my country. It was a Norm that every Monday which is the first working day of the week, after going through the daily routine my Boss would call for charity whereby all the staff working will contribute a certain amount of funds for charity development. This Fund is sent directly either to a Remand home or an Orphanage home to help facilitate their utmost desires.

This exercise was carried out on weekly basis, but a report got to my company that these funds we sent to them were not used to carry out the necessary things it was meant for and this was because the administrators shared the funds within themselves and used it to sort out themselves.

This have become a major drawbacks that restricts most philanthropist, and charity organization as misappropriation and diversification of funds have taken over the industry. In order to effectively monitor and trace each transactions to make sure it get to the right hand and used to carry out the necessary activity Humancoin was created. Humancoin is a platform that will bring trust, transparency and accountability back to the industry.

HUMANCOIN: The Solution
Humancoin is a well structured platform that is designed to bring transparency, tractability, accountability, reliability, and integrity back to the industry. Humancoin will incorporate the trinity of charity, e-commerce and cryptocurrency to bring stability and security back to the industry whereby philanthropist will comfortably donate their funds at ease with maximum guarantee that the funds will get to the right body and also used to finance the right project.

This is the first of its kind and it is referred to as a revolutionary platform as it will not compete with any existing platforms but rather partner with them to bring solutions to the industry.

Humancoin is a revolutionary peer-to-peer platform with aim to bridge the gap between donors, recipients and e-commerce players together in the ecosystem. It has a user friendly interface that allow it users to send donations to an individual in any part of the world and the blockchain technology and its infrastructures help to monitor, trace and track the progress of these transactions. Humancoin platform will make donation of funds easy for philanthropist by creating an ecosystem that will bring simplicity, trust with maximum security of funds back to the industry.

Token Economy
Humancoin tokens is an Ethereum base token. An ERC20 compatible token which will be deployed to facilitate and validate transaction in the ecosystem. Its also serves as a loyalty rewards tokens for users in the ecosystem.