Representatives of WFP noted that the collection of donations in digital assets has become possible thanks to cooperation with The Giving Block payment platform. The use of cryptocurrencies will allow sponsors to carry out transactions faster than through banks, to avoid taxes on capital and pay less commission fees.
WFP warned that the resources of humanitarian assistance to poor countries are rapidly reduced. According to Dorota Amin, the chief specialist in philanthropy and partnership, the global crisis due to lack of food requires non-standard solutions and digital assets have become an important tool for those who want to help.
Earlier, Fidelity Investments, which controls $ 5 trillion assets, introduced to customers an individual pension plan (IRA) with the opportunity to invest in bitcoin, ether and Litecoin.
Source: Bits
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