NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

HelperBit Runs a Campaign Aid the Earthquake Survivors in Italy

Gautham
Gautham
4 years ago
2 mins read
helperbit

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The use of Bitcoin as a currency has increased across the world. The digital currency is slowly making its way to become one of the mainstream currencies. These developments make the digital currency as an ideal asset for not just regular economic transactions, but also for charitable donations. In order to facilitate such charitable transactions, an Italian startup has created the HelperBit platform.

HelperBit has also demonstrated its effectiveness by successfully concluding a crowdfunding campaign to raise funds for the victims of the recent earthquakes that hit Italy. The Central Italian region has been affected by earthquakes since the past six months. The serious one, registering a magnitude of 6.0 on the Richter scale affected the country in August 2016 leading to loss of about 300 lives and billions of euros in damages.

Since the fateful day, the Central Italy has experienced a series of earthquakes of varying magnitudes. Every tremor has resulted in the loss of life, property or both. The agricultural and tourism industry in the region have borne the brunt of nature’s wrath, affecting the livelihood of thousands of people.

HelperBit collaborated with Legambiente to support the affected raise funds for reconstruction. The platform offered the infrastructure to create a multi-signature Bitcoin wallet and helped the organization raise money in the form of cryptocurrency from across the world. HelperBit has also helped bring transparency into the whole fundraising and disbursement process by making use of the blockchain technology.

The blockchain-based notarization service offered by HelperBit is helping Legambiente verify the authenticity of the relief requests before reimbursing the amount. In its recent blog, HelperBit gives an example of two farmers Ilaria and Lorenzo – owners of Societa Agricola Etiche Terre S.S. who suffered damages during the earthquake. They were able to benefit from “The Rebirth has a Young Heart” charity campaign by claiming relief for the expenses they incurred during the reconstruction process.

According to the blog, the farmers uploaded their invoice on HelperBit, requesting a refund for the expenditure. The authenticity of the refund request forwarded to Legambiente was verified by the organization before approving the Bitcoin transaction for reimbursement. The use of blockchain as made it possible for anyone to verify the transactions and track the usage of funds to confirm the legitimacy of the fundraising campaign.

The use of Bitcoin, multi-signature wallet systems and blockchain technology in charitable sector is clearly displayed by this initiative of HelperBit and Legambiente. It also opens doors for other charitable institutions and relief agencies from across the world to adopt cryptocurrency and its underlying technology for their operations.

Ref: HelperBit | Charity Digital News | Image: NewsBTC
Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

dogecoin-x5-prevente-maxi-doge

Grayscale Files For New Dogecoin ETF Amid Approval Expectations, Is The Next Price Surge Coming?

Grayscale is making a big move with Dogecoin as the digital asset management company has submitted papers to launch a new...

Sandra White 2 hours ago

迷因幣回檔 Snorter Bot Token 持續捕獵新機會 ICO 募資已破400萬美金

基於 Telegram 的交易機器人Snorter Bot Token (SNORT)在大盤迷因幣降溫的背景下,依然在 ICO 階段完成 400 萬美金募資。 投資者之所以持續加碼,是因為 Snort...

estherw 3 hours ago
Solana

From Store Of Value To DeFi Powerhouse: Solana Unlocks Bitcoin’s True Utility — Here’s How

Bitcoin has been celebrated as digital gold and a secure store of value with limited functionality, but Solana’s high-speed, low-cost...

Godspower Owie 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will BTC Lose $112,000 Support?

Ash Tiwari 58 minutes ago
bitcoin-consolidation-zone-revealed-hyper-raises-17-5m-layer2-tw

比特幣價格盤整關鍵區間曝光 HYPER預售狂吸1,750萬美元成Layer 2潛力新星

Mark Mak 2 hours ago
Bitcoin Price Dips Again

Bitcoin Price Dips Again – Could This Spark Panic Selling Across Crypto Market?

Aayush Jindal 2 hours ago

Premium Sponsors

Press Releases

  • 5 mincí, které by v kryptobublině v roce 2025 mohly dosáhnout 10 miliard dolarů

    5 mincí, které by v kryptobublině v roce 2025 mohly...

    10 hours ago
  • 5 érme, amelyek 2025-ben elérhetik a 10 milliárd dollárt a kriptobuborékban

    5 érme, amelyek 2025-ben elérhetik a 10 milliárd...

    11 hours ago
  • 5 monet, które mogą osiągnąć 10 miliardów dolarów w bańce kryptowalutowej w 2025 roku

    5 monet, które mogą osiągnąć 10 miliardów dolarów w...

    11 hours ago
  • 5 монети, които биха могли да...

    11 hours ago
  • Pet kriptovaluta koje u kripto balonu 2025. mogu dosegnuti tržišnu vrijednost od 10 milijardi dolara

    Pet kriptovaluta koje u kripto balonu 2025. mogu dosegnuti...

    13 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.