Binance Charity, the philanthropic wing of major cryptocurrency exchange Binance, has begun a campaign to help significantly support victims of Hurricane Dorian.
On September. 5, Binance Charity started accepting cryptocurrency donations for any campaign that will assist provide food and aid for hurricane victims through local organizations in affected areas.
Around the campaign website, Binance states that donations in Bitcoin (BTC), Binance Coin (BNB) and XRP will undoubtedly be distributed towards the Hurricane Relief Project. At press time, the campaign has received 14 donations for a complete of 0.558 BTC ($5,852.90). None of the funds have already been distributed yet.
Following Binance Charity, the donations and final disbursements will undoubtedly be recorded on a blockchain, making the procedure more transparent. Along with asking the blockchain and crypto communities for donations, Binance Charity, also, has asked for tips about steps to make disbursing aid faster and much more effective.