Humancoin Introduces New Proof-of-Charity Mining Protocol

[Goodcat49]

Humancoin is a new massive cryptocurrency fuelled by the Proof of Charity mining protocol (which allows to scale it thousands of times). It is also a breakthrough blockchain project, which unites philanthropists and recipients of funds on a single platform in the most convenient and transparent way possible.

Donors (which comprise one in three of us globally) can quickly make donations worldwide, monitor their expenditure online and also receive discounts from the platform’s partners. Charitable projects are able to accept funds with minimal overheads and in the shortest time in any convenient currency.

Humancoin is supported through the synergy of the charity industry and retail e-commerce (which together have a combined value of $3,5 trillion on a single P2P convenient platform). Blockchain technology solves the everlasting charity problems by adding transparency and trace-ability. Association with philanthropy gives Humancoin a unique advantage with  tokens easily converted into any points, miles, bonuses, coupons. This is the first ever blockchain project that has the potential to become a global e-commerce loyalty program aggregator. Instead of competing with existing programs, the Humancoin token is effortlessly integrated into already existing systems — all it requires is setting a conversion rate. Token owners will be incentivized to hold them to take advantage of attractive benefits and this provides a long-term, stable demand for tokens. As the number of partners and the scope of cooperation within the Humancoin Network grows, so does the popularity of the token.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/humancoin-introduces-proof-of-charity-mining-protocol/

[btyco]

I often donate items to charity shops and their sales generate funds for charity. Humancoin is good because you can trace where the funds go but only to a certain point. Eventually it needs to be cashed out and then what happens?