0.12%
0.19%
3.76%
BTC
$65,001.37
0.07%
0.01%
4.08%
ETH
$1,916.39
0.22%
0.02%
3.03%
BNB
$604.42
0.12%
0.42%
3.10%
XRP
$1.03
0.19%
0.71%
6.11%
SOL
$76.83
0.08%
0.44%
1.15%
TRX
$0.33112437
0.10%
0.23%
0.64%
DOGE
$0.06993891
0.45%
0.18%
3.39%
ADA
$0.19564560
0.38%
0.20%
1.48%
LINK
$8.30
0.06%
1.83%
2.85%
LTC
$45.31
0.12%
0.19%
3.76%
BTC
$65,001.37
0.07%
0.01%
4.08%
ETH
$1,916.39
0.22%
0.02%
3.03%
BNB
$604.42
0.12%
0.42%
3.10%
XRP
$1.03
0.19%
0.71%
6.11%
SOL
$76.83
0.08%
0.44%
1.15%
TRX
$0.33112437
0.10%
0.23%
0.64%
DOGE
$0.06993891
0.45%
0.18%
3.39%
ADA
$0.19564560
0.38%
0.20%
1.48%
LINK
$8.30
0.06%
1.83%
2.85%
LTC
$45.31
   /       /       /    Blockchain for Change will give 3000 smartphones with cryptocurrency to the homeless of New York

Blockchain for Change will give 3000 smartphones with cryptocurrency to the homeless of New York

Blockchain for Change will give 3000 smartphones with cryptocurrency to the homeless of New York

On the Christmas eve the authors of the startup Blockchain for Change decided to donate smartphones with cryptowallets for dollars and Change Coin to three thousand homeless people in New York.

At the very beginning each owner will have 30 coins that can be spent on calls and Internet traffic. Only in New York more than 60,000 people sleep in shelters and on the street, most of them have no means of communication. The project initiators plan to distribute about 200,000 gadgets by mid-2018.

A special Fummi application will be pre-installed on the gift smartphones using which the homeless can create a digital ID and thereby gain access to government services and aid funds, find nearby shelters and social canteens, control their expenses for a hairdresser, clothes, showers and overnight stays.

This is the first project to help the homeless using blockchain technology. Even at an early stage the project received $ 500,000 investment.

According to various estimates, about 1.1 billion people around the world are not officially registered which makes it difficult for them to access bank accounts, loans, government programs and services. In addition, there is hope that the introduction of the blockchain will help reduce corruption and squandering. According to the UN, about 30% of aid never reaches its legitimate destination.
16-12-2017
Cryptocurrencies / Cryptocurrency News

Cryptocurrency News

Blockchain will now support Bitcoin CashBlockchain will now support Bitcoin CashWhat is Blockchain in cryptocurrencies?What is Blockchain in cryptocurrencies?Lisk / LSK cryptocurrencyLisk / LSK cryptocurrencyEthereum (ETH) Cryptocurrency ReviewEthereum (ETH) Cryptocurrency Review

Random quote about money

"Когда доходит до денег, единственное, до чего большинство людей могут додуматься, - это вкалывать изо всех сил."

Роберт Кийосаки

Interesting posts in other sections of the blog

Information

Users of Guests are not allowed to comment this publication.

Latest articles

all articles →
North Korean Hackers Test AI to Advance Their CyberattacksCryptocurrency NewsNorth Korean Hackers Test AI to Advance Their CyberattacksNorth Korea’s Kimsuky hacking group has established and tested local artificial intelligence (AI) tools as it researches ways to integrate the technology into10-08-2026Chainlink Trades at Just $8.22, but Standard Chartered Sees a 24x RallyCryptocurrency NewsChainlink Trades at Just $8.22, but Standard Chartered Sees a 24x RallyStandard Chartered forecasts Chainlink (LINK) at $200 by 2030, a 24x jump, driven by a $4 trillion tokenization call.10-08-2026Elon Musk Says AI Agent Traffic Will Vastly Exceed Human Internet UsageCryptocurrency NewsElon Musk Says AI Agent Traffic Will Vastly Exceed Human Internet UsageElon Musk said artificial intelligence (AI) agent traffic will vastly exceed human internet usage, calling Cloudflare’s forecast accurate. Musk shared an10-08-20263 Altcoins Post Double-Digit Gains as Bitcoin (BTC) Reclaims $65K: Market WatchCryptocurrency News3 Altcoins Post Double-Digit Gains as Bitcoin (BTC) Reclaims $65K: Market WatchOne of the alts in question has entered the top 100 coins by market cap after its massive daily, weekly, and monthly rally.10-08-2026LBank Launches Crypto Resilience Initiative, Building on Its Security Collaboration with CertiKCryptocurrency NewsLBank Launches Crypto Resilience Initiative, Building on Its Security Collaboration with CertiK[PRESS RELEASE – Singapore, Singapore, August 10th, 2026] LBank today announced the launch of the Crypto Resilience Initiative, an effort to support the10-08-2026Ansem Predicts Pump.fun’s Token Could Join Crypto’s Top 10 by 2028Cryptocurrency NewsAnsem Predicts Pump.fun’s Token Could Join Crypto’s Top 10 by 2028Crypto trader Ansem predicts Pump.fun (PUMP) could become one of the 10 largest cryptos by market capitalization within two years. Ansem said he plans to track10-08-2026BOJ Rate Hike Pace Could Speed Up as Inflation Nears TargetCryptocurrency NewsBOJ Rate Hike Pace Could Speed Up as Inflation Nears TargetThe Bank of Japan’s latest policy meeting pointed to a possible acceleration in interest rate hikes, with at least three board members saying the central bank10-08-2026BIP-110 Soft Fork Implodes: Mines Just Two Blocks Before Grinding to a HaltCryptocurrency NewsBIP-110 Soft Fork Implodes: Mines Just Two Blocks Before Grinding to a HaltBIP-110 supporters insist the proposal remains viable, despite the minority chain falling dozens of blocks behind Bitcoin's main chain.10-08-20263 Token Unlocks to Watch in the Second Week of August 2026Cryptocurrency News3 Token Unlocks to Watch in the Second Week of August 2026The cryptocurrency market will welcome a wave of tokens worth more than $605.5 million in the second week of August 2026. Major projects, including YZY (YZY),10-08-2026
Sign inMasterInvest
RUENUK