TechInAfrica – On Wednesday (04/19), NY-based and non-profit NGO Rainforest Foundation announced on their website that they want to take part in saving Amazon fire and ask for the cryptocurrency and blockchain community for support. A post from the Foundation read as below,
“Since Bolsonaro took office in January, deforestation in the Brazilian Amazon is up 75% and forest fires in the Brazilian Amazon have doubled compared to the past year. As guardians of our rainforests, its animals and its people, we are working with The Giving Block to form a coalition of crypto sponsors, donors and media partners who will help stop this devastation.”
The support manifest in the form Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and other cryptocurrencies. These cryptocurrency donations are the ones the foundation accepts at the moment.
The foundation who has Sting as one of its founders tackle deforestation by allowing transparency within its donation flow. Donators can track the foundation activities. The foundation has been researching smart contracts to put ban illegal logging, land trafficking, and protecting the rainforests from the gold miners. Suzanne Pelletier as the Executive Director at the Rainforest Foundation said that the dire situation in Brazil’s Amazon has prompted them to develop innovative solutions, “Business as usual has gotten us to this point. Philanthropy as usual won’t get us out. We need innovative solutions, and no one is more innovative than cryptocurrency users.”
The cryptocurrency and blockchain technology has been on the rise for their use in charity works. Another application of the use is during the hurricane disaster that prompted a Bahamas-based blockchain company to collect donation in cryptocurrencies from the community.
The fires are still on-going and it needs an immense support from all of communities with the crypto and blockchain’s included, to solve this world-scale problem together.