About BitConscious Foundation
Transparency is ensured through decentralized open ledger that enables to keep the track of donations made and enhanced by the reporting system integrated into the Platform.
- NO TRANSACTION COSTS
Donation transfers through blockchain technology are maintained and owned only by the users thereby decreasing the associated costs.
- NO THIRD-PARTIES
The Platform removes the necessity for contracting the third-party agencies, which involve high contract fees, and the risk of their involvement in unethical practices. The Platform enhances the direct interaction between donors and donees free of charge.
- INSTANT SETTLEMENTS
Transfer of donations through traditional money transfer system take days to process. Blockchain enables transfers to be settled at near instant speed, which is crucial to those in need.