Global crypto community unites against Covid-19 – Asia Times

Global crypto community unites against Covid-19 – Asia Times

For example, as early as January, premier cryptocurrency exchange Binance had already donated $1.4 million worth of medical supplies to Chinese authorities in a massive effort to combat the devastating effects of the coronavirus.. According to Jarred Winn, senior vice president of Binance Charity - the exchange's social outreach wing - seven batches of medical supplies have reached 124 hospitals, medical teams and command wings.. The germicidal lamps were sent to Wuhan University People's Hospital and then distributed to 74 medical teams and health centers, as well as the hotels that accommodated the medical teams.. In regard to the point, he added: "With blockchain technology, transparency and immutability allow any user to see that funds have been transferred to an individual with 100% certainty, and subsequently, in this case, there are no secrets in giving.". While donations are possible via a host of digital assets, Wilson told Cointelegraph that a vast majority of the funds that have been received up until now have come in the form of Bitcoin ( BTC ), ETH, DAI and Zcash ( ZEC ).. On March 25, Ripple Labs issued a tweet stating that the organization has