Crypto Donation Shows Potential for Digital Assets’ Role in Charitable Giving
Crypto Donation Shows Potential for Digital Assets’ Role in Charitable Giving
  • Yoo Mi-ja
  • 승인 2023.11.17 23:50
  • 댓글 0
이 기사를 공유합니다

- Make-A-Wish UK received crypto donation from Parity Technologies
- Zodia Markets and Zodia Custody facilitated the donation.
Staking Growth & Technical Upgrades as Expansion Continues/ Source: Polkadot.

London, United Kingdom – Make-A-Wish UK joined forces with Zodia Markets and Zodia Custody to co-host the distinguished ‘Crypto for Good’ event at Standard Chartered Bank on November 16th. The dynamic gathering brought together prominent institutions and charities to delve into the intricacies of ‘The Future of Finance: Crypto’s Role in Philanthropy’. The evening explored how digital assets can present viable solutions to real-world problems, particularly in regions with limited access to traditional banking services. 

Crafting a digital asset blueprint that could transform the landscape of charitable giving amid technological evolution, Make-A-Wish UK has received a crypto donation from Parity Technologies, a leading contributor to the Polkadot network. This noteworthy milestone marks the initiation of a trial digital donation programme, orchestrated by Make-A-Wish UK, Zodia Markets and Zodia Custody, extending the organisation’s support for children diagnosed with a serious illness or life-limiting condition. The programme is open to both the general public and corporations.  

“Our vision at Make-A-Wish UK is to grant the wish of every child with a critical illness. The primary obstacle to us achieving this vision is resources. We believe our close partnership with Zodia is an essential component in helping to generate these resources by connecting digital philanthropy with impactful outcomes” said Sarah Watson, Director of Finance & Technology at Make-A-Wish UK. “Donors can donate crypto currency safely and securely knowing that their preferred method of investing will enable magical wishes to be granted. Our hope is that our partnership will lead the way in this space by evidencing the potential for crypto to do good.”

Chrissy Hill, General Counsel at Parity Technologies, commented: "We’re delighted to play a role in this impactful initiative with Make-A-Wish UK, Zodia Markets and Zodia Custody to help showcase how blockchain technology enables vital funds to get to where they’re needed most in the world.  In time, we expect to see more frictionless and transparent crypto-based donations by institutions and individuals benefiting charities on a global scale, and we are proud that our Polkadot community is supporting this innovative platform (and our partners) to help make that happen.”

Usman Ahmad, CEO of Zodia Markets, commented: “As the utilisation and adoption of digital assets continues to grow, there is a significant opportunity to establish additional donation streams for charitable causes. There are also huge potential benefits arising from the speed and efficiency of value transfer through digital assets, enabling more donations to make it to the people that need them. We are delighted to collaborate with like-minded, innovative partners who share our passion and commitment to driving positive change.”

The event also hosted a high-level discussion among industry experts from Parity Technologies, Crown Agents Bank, Make-A-Wish UK, and Zodia Custody. The discussion centered around how blockchain technology provides a framework for transparency, offering donors the ability to track and verify the impact of their contributions, as well as how crypto asset donations can form part of a company’s corporate social responsibility initiatives.

“Our partnership with Make-A-Wish UK is truly a landmark moment for charitable fundraising,” said Anoosh Arevshatian, Chief Risk Officer, Zodia Custody. “It creates a new donation stream and shows the true potential of digital assets — not just as a tradable asset, but as something that can solve critical global issues. We're thrilled to work closely together with Zodia Markets to make crypto donations simple, safe, and impactful.”


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • ABOUT
  • CONTACT US
  • SIGN UP MEMBERSHIP
  • RSS
  • 2-D 678, National Assembly-daero, 36-gil, Yeongdeungpo-gu, Seoul, Korea (Postal code: 07257)
  • URL: www.koreaittimes.com | Editorial Div: 82-2-578- 0434 / 82-10-2442-9446 | North America Dept: 070-7008-0005 | Email: info@koreaittimes.com
  • Publisher and Editor in Chief: Monica Younsoo Chung | Chief Editorial Writer: Hyoung Joong Kim | Editor: Yeon Jin Jung
  • Juvenile Protection Manager: Choul Woong Yeon
  • Masthead: Korea IT Times. Copyright(C) Korea IT Times, All rights reserved.
ND소프트