Binance Charity Foundation, the philanthropic arm of the exchange Binance has now opened a fundraising channel to simply support the terminally ill patients and disadvantaged children in Malta. The funds are raised in aid of the Malta national Charity – The Malta Community Chest Fund Foundation, which will provide with a material, finance, and professional support to improve the lives of the 15000 families and individuals.,
The channel is known as the L-IstrinaCampaign, which is currently open and accepting the donations on the Binance charity, a fully transparent platform which ensures that all the donations are tracked on the technology of blockchain.
Binance, the leading cryptocurrency exchange, and TRON, the blockchain based operating system have also committed to donating $100000 in the cryptocurrency to the charity.
“Binance is just doing our part to contribute to people who are in need. Charity is one of those areas where everyone should help out if they can,“ said CZ, CEO, and Founder of Binance. “With blockchain technologies, we can solve the transparency problem in charity – increasing the amount of charity people will do. I hope to encourage more people in the space to use crypto for social good.”
Justin Sun, founder and CEO of TRON said: “TRON has always believed blockchain has enormous potential for social good. As a technology leader, our partnership with BCF and Malta is one of many ways of accomplishing change for the better.”
The Malta Community Chest Fund Foundations works on the betterment and improving the lives of the families and individuals who are facing and passing with the difficult times due to disability, sickness and some of the economic vulnerability.