The largest blockchain software development company in the world, ConsenSys, is looking forward to rewarding Manila residents with ethereal ethereal token, Etienne, to clean up the polluted beaches of the country's capital.
The head of ConsenSys and also the co-founder of Ethereum, Joseph Lubin, tweeted that people in Manila will be paid to ETH for cleaning the city's dirty beaches. He also said that ConsenSys Impact in collaboration with Bounties Network could finance lawsuits directly without third parties.
"In Manila, participants will be paid to ETH to spend a few hours cleaning up one of the most polluted beaches in the world, Bounties Network and ConsenSys Impact are demonstrating a new model in which people finance cases directly without intermediaries" Lubin said.
Bounties Impact is one of the best decentralized applications that allows people to be paid directly and transparently. The decentralized app is based on the blockchain, the technology behind Bitcoin (BTC) and other cryptocurrencies. It allows anyone to create and launch bounty systems on his platform. The built system can be used to pay those who participate with Ethereum (ETH).
The new initiative "Sizes for the oceans: pilot of the Philippines" it aims to encourage the adoption of blockchains in the Philippines, according to ConsenSys.
The Philippines is believed to be the ideal place to start blockchain charity initiatives. It is one of the crypto-compatible countries in Asia. The country has adopted Bitcoin and other cryptocurrencies as a form of legal payment. In addition, the central bank of the Philippines recently gave the green light to Bitcoin. He recognized cryptocurrency as a form of legal payment. As a result, the use of digital currencies in the country has increased substantially.
In addition to ConsenSys, there are also other companies in South Korea that are working with cryptocurrency startups and financial institutions in the Philippines to help drive encrypted adoption in the country.