Help: Tech, a Dublin-based start-up that developed blockchain technology to distribute international aid to refugee camps, has partnered with the Irish Red Cross for a new app that brings transparency to charitable donations.
The start-up company, which was named last month as the general Irish Times Winner of the Innovation of the Year award, he said his new TraceDonate app allows donors to find out exactly what their donation is. It also allows you to track your contribution history and be informed about ongoing charity campaigns.
Non-governmental organizations can use the app to receive donations directly and build branded pages for particular campaigns.
"By partnering with an innovative and ambitious company like AID: Tech, we hope to strengthen those who support the work of the Irish Red Cross to track their donations and further promote transparency in the sector," said Liam O & # 39; Dwyer, Secretary General of the Irish Red Cross.
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"We want to become the reference point for the donation process, and our relationship with AID: Tech offers us this opportunity," he added.
Founded in 2014, the Aid: Tech software platform allows digitizing and delivering rights through blockchain technology such as assistance, assistance, remittances, donations and health care in a completely transparent manner.
Help: Tech, which was the first company in the world to provide international aid using blockchain to Syrian refugees in northern Lebanon, at the beginning of the year has raised about 1 million euros from lenders including Enterprise Ireland SGInnovate , the venture capital arm of the Singapore development authority.
The investment signaled for the first time that both organizations supported by the state had invested money in a blockchain company.