Blockchain technology is a transparent digital transaction book and records that are immune to modification or deletion. Offering additional features of increased security, cost reduction, time efficiency and error tolerance, the chain-chain grew, fluctuated in 2017. The utility of blockchain technology is unlimited, triggering an increase in the list of companies, industries and government studying its potential adoption. A block-chain is an immutable public book that records digital transactions.
ABOUT BCHARITY
Bcharity is a decentralized and proficient charitable platform that provides the best, on-going benefit to the future success of humanity using blockchain technology.
BCharity is the first international charity exchange using blockchain technology to address modern issues ‘facing’ global human needs. BCharity will provide a system and method that would revolutionize global charity.
The project will be achieved using the blockchain technology because blockchain technology and cryptocurrencies have proven to be the fundamental technology shift for which humanity can create new solutions to modern and future challenges. In the future, this technology can be utilized for registering and monitoring charitable initiatives in real-time, which is very important for natural disasters and epidemic support/relief.
Charity (giving) has been very impactful in the society and has raised a lot of fallen egos, tried to reduce the gap between the rich and the poor. Given hope to those tagged hopeless and so much great things that can fill up this space. However there had been some challenges hitting this beautiful organisation and these are;
We lack an international platform that would provide an opportunity to gather and connect people in need and philanthropist around the world.
BCharity is here and it’s effectively addressing this challenge by establishing an international exchange that combines blockchain technology. BCharity has a combined team of industry experts, who are utilizing the available technology to unite the global eco-system of charity.
Another case is the language barrier. This has restricted people in different countries or on different continents to share their story with a global audience and achieve the support from people who are ready to help.
BCharity will ensure that placement of requests for charity fundraising will be implemented in 2 languages: in a native language of people in need, and in English, the most widely accepted language globally. Bicharity will utilize “BCharity Translate” for those who cannot relate their messages in English. BCharity is also creating an interpreter’s department within its organization which is aimed at internally translating requests that have not been translated using a BCharity Translate
Another pressing issue is that some cities, regions or even countries do not have a charitable organization or access to fund. It becomes glaring that people who need help as regard fund on these locations cannot get it.
The BCharity exchange is leveraging its platform, brand and team to connect with the global activist community. People in need from any country or location, be it recognized or not, will be able to ask society for help, and are guaranteed fund.
The fourth issue has to do with the era of blockchain technology adoption which is yet to be utilized by charitable bodies and so, the gap between blockchain technology and the world of charity is still very large.
The BCharity team is taking charity to a new level and giving it greater importance. BCharity is the first to break the barrier between charity and the cryptocurrency market by adopting blockchain technology.
The fifth issue has been disturbing, which is the lack of trust within the charity eco-system, and people not believing that charitable donations will be well utilized and achieve a result. There had been cases of fraudulent organizations who convert charitable funds to themselves with little or no public disclosure of financial information and distribution.
BCharity is using blockchain technology which is a protected technology and naturally eliminates barriers and intermediaries, everyone will have the opportunity to monitor the flow of funds and ensure the largest impact possible. BCharity is indeed the best SOLUTION for development of charity.
The sixth challenge is a concern for small charitable funds and organizations whose interest is for those in need but do not have financial support or connections with notable personalities that can allow them to access the international market for benefactors. These issues put together has posed a big obstacle for those whose way of life is charity and helping people.
The BCharity platform has made it easy with the necessary connectivity so that all charitable organizations and funds will be able to connect to the exchange with minimal expense. The required condition for entering the international exchange is the provision of official documents that will confirm the legality and that the organization or fund is of importance and valid in a country / state / region / district / city and officially registered in the register of charitable organizations.
FEATURES OF BCHARITY PLATFORM
LARGE-SCALE AND AVAILABILITY
The international charity activity will provide bringing a local problem to the consideration of charitable foundations and organizations around the world. This will accelerate the process of fundraising and increase the chances to collect the necessary funds in time. Only officially registered organizations, verified according to the required package of documents, will have access to the platform for financial assistance and the ability to receive charitable donations.
BLOCKCHAIN
The blockchain technology and especially cryptocurrency bring huge potential for “unbreakable trust and fully transparent” donations. The blockchain makes it possible to instantly receive financial capital wherever it is needed and without intermediaries. The adoption of blockchain technology does not necessarily need to remove payment anonymity or donation history.
CRYPTOCURRENCY
Cryptocurrency is unrelated to governments, banks, or other financial institutions and cannot be withdrawn or held during the transfer. It ensures that a recipient receives the payment. A transfer of the funds, with a minimum fee, will provide instant help to those in need anywhere in the world.
TOKEN AND ICO DETAILS
The BCharity Token is a Utility Token and will be issued to all members of the crowdsale. Conducting operations on the platform without the token will not be possible. The Token does not assume the functions of a share or security, nor an entitlement of dividends.
Soft Cap — $ 5 000 000
Hard Cap — $ 35 000 000
The main sale will only be done when presale sales can meet the soft cap target. The hard cap is $ 35 million; this is a very big number. This target may be difficult to achieve when ETH declines. The token will be priced at $ 1 per token. The main sale will be held on 1 to 30 June 2018.
TOKEN DISTRIBUTION
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
BCHARITY is a revolutionary charity exchange. The first of its kind, this unique platform has been specifically designed to increase the accessibility and efficiency of charity across the world. You can be a part of this tremendous project by following these links for more information;
Website: https://bcharity.io/
WhitePaper: https://bcharity.io/main/static/WhitePaper_en.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3217954
Telegram: https://t.me/bcharity
Twitter: https://twitter.com/bcharity_io
Facebook: https://www.facebook.com/bcharity.io/
Medium: https://medium.com/@bcharity_io
Steemit: https://steemit.com/@bcharity
Bounty: https://bcharity.io/bounty/
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