Crypto

Cryptocurrency Donations Bring an Advanced Medical Post for Coronavirus Victims to Italy

Bitcoin and other cryptocurrencies can often be used to support charitable events. During the novel coronavirus outbreak, Italy’s Red Cross is accepting Bitcoin donations for an advanced medical post.

It is evident that a lot of countries will need help to keep the novel coronavirus in check.

Helping Italy With Cryptocurrencies

In Italy, the situation has spiraled out of control completely in the past week.

With so many patients awaiting treatment, new solutions need to be found.

One campaign on HelperBit was designed to achieve funding for an advanced medical post for pre-triage.

A goal of 10,000 Euro was set, which was reached on March 15th.

Following the success, the campaign was extended to complete core infrastructure with necessary accessories.

Related Post

At the time of this campaign’s creation, the number of confirmed cases and deaths was much lower compared to today.

These developments only highlight the need for medical supplies in Italy as of right now.

What makes the campaign so interesting is how all of the funding can be done through cryptocurrencies.

Both Bitcoin and various altcoins are accepted under the current circumstances.

It is a great way for cryptocurrency enthusiasts to contribute to the greater cause. 

More efforts like these may need to be launched in the near future, as the coronavirus crisis is far from over.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Bitget Launches OpenAI Pre-IPO Access As Crypto Exchanges Push Into Tokenized Equity Markets

Bitget officially launched pre-IPO access to OpenAI via its IPO Prime platform which deepens their…

11 hours ago

Tether Expands Open-Source Push With New Developer Grants For AI And Payment Infrastructure

Tether's presence in decentralized tech space is growing due to the launch of its developer…

1 day ago

Huma Finance Exploit Hits Legacy Contracts As Platform Maintains Stability And Accelerates Transition To V2 System

While challenges remain, the decentralized finance sector is moving forward, and Huma Finance's exploit serves…

1 day ago

Chainlink Expands Cross-Chain Reach As Major Protocols And Institutions Deepen Adoption 

Chainlink is continuing its mission to be the most widely integrated infrastructure in crypto, adding…

2 days ago

Sui Network Hit Again: DeepBook Exploit Adds To Growing List As Token Defies Pressure With Bullish Breakout

A vulnerability in one of the core DeFi protocols on Sui Network exposes the ecosystem…

3 days ago

Polygon Raises Network Capacity To 140M Gas

Polygon has made a big move in cementing its mission as one of the leading…

4 days ago