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To Fight Coronavirus Italian Red Cross Announce Bitcoin Fundraiser

The Red Cross of Italy and the Colli Albani Committee are requesting donations in the form of Bitcoin and several other popular digital currencies to battle coronavirus pandemic in the country with Helperbit’s help.

Goals of the new marketing campaign

The funds obtained via this campaign will reportedly be employed for setting up a two-level advanced medical put for pre-triage of COVID-19 cases in the country, and it is expected to attain an aim of €10,000 to shop for the vital medical system for the infrastructure.

The final funds may be used to cowl the costs of the clinical staff in an effort to be involved within the project.

The president of the Colli Albani Committee, Bruno Pietrosanti stated that they need to ease the pressure on hospitalizations due to the boom in infected sufferers and the reduced variety of places to be had in Italian hospitals:

On wearing out the initiative along Helperbit, a blockchain startup that gives a platform for charities, Pietrosanti brought the following:

"We believe that an innovative fundraising tool like Bitcoin can help us find the necessary economic resources that are very difficult to obtain in this historical moment."

Other groups assisting the fundraising campaign by way of the Red Cross

The campaign is likewise supported by means of Young Srl, it is a Fintech startup that operates within the cryptocurrency quarter to support network initiatives, and by way of Blockchain Education Network Italy, it is a not for profit organization that divulges information approximately Bitcoin and blockchain in the Italian territory.

Andrea Ferrero, CEO of Young SRL, commented on using blockchain in this fundraiser:

"I strongly believe that blockchain technology is more effective and transparent to support this type of initiative. Young is a company that aims to create or exploit innovative models to improve existing procedures and we will always be at the forefront in supporting charitable projects, such as the Red Cross one."

Emiliano Palermo, a representative from Blockchain Education Network Italy, illustrates the significance of those platforms, which offer "transparency" in donations, amid the emergency within the country.

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