Global charity blockchain solution FRUITS has completed the integration of FRTS tokens on ProBit Global’s diverse trading platform.
With Americans contributing a total of over $417B in charitable donations in 2020 alone, the philanthropic sector has become ripe with manipulative actors seeking ways to embezzle funds.
Hong Kong-based T-SKY has developed a comprehensive blockchain-based global charity program to enhance trust and accountability through a public and private blockchain equipped with digital QA and logistics oversight to facilitate social directives for legitimate social causes.
The PoC blockchain helps reduce carbon footprint, improve security, and deliver high levels of throughput while a multi-token-based system covers all essential functions ranging from governance, QA, and distribution insights through public and private blockchains.
FRTS serves as the platform’s cornerstone token to streamline charity funding while establishing full transparency into funding and organizations alike through the blockchain. FRUITS helps bypass any third party influence and improves accountability and confidence on behalf of stakeholders while establishing high levels of visibility and flow for all charity funding.
In addition to FRTS, the project encompasses multiple tokens on its permissioned private blockchain to carry out critical roles in the ecosystem’s integrity. Real-time geographic and location data are also covered to provide complete oversight on delivery and confirmation of physical supplies throughout the entire chain.
FRTS can be used to purchase sustainable products on the e-commerce service Global Trading Outlet (GTO), with charities benefiting from reduced prices on essentials such as food and water due to direct connections to suppliers. GTO also serves as an emergency disaster relief to facilitate rapid fund dispersal throughout the world as part of the platform’s overarching social objectives.
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