The Carebit Network and Care coin will enable a first-of-its kind blockchainpowered real-world and real-time donation disbursement and fund tracking service for Charitable Donations. Through our proprietary FUND TRACKING TOOL, charitable donations are completed with FULL transparency; something that was never before possible until now. Finally, individuals and institutions will take comfort and full consolation in the direct engagement of their charitable deeds through the Carebit network, which will facilitate the direct transfer of funds to charitable causes through Carebit’s own charitable causes. Ultimately, Carebit will tackle emergency cataclysmic events by helping to resolve long-stemming and largely neglected issues. For example, issues that currently go un-aided by current charitable operations, which suffer from mismanagement, regulatory factors, corruption, and bureaucratic overheads that ultimately leave very little to trickle down to the supposed benefactors.Carebit’s network and community features a dynamic and organic governance system; one that is always growing and evolving to meet real-world charitable needs as they occur.Carebit and the Care coin will operate within this ecosystem and offer a multipronged and multi-dimensional protocol for charitable contributions. Most importantly, Carebit and the Care coin will record the usage and tracking of said funds down to every penny. The network will offer a direct cause funding feature, which is a growing targeted partnership of the most reputable and established global Charities who will ultimately use the Care coin to onboard direct charitable contributions. In addition, the network will offer direct-cause piecemeal funding of individual itemized invoices directly aiding and resolving specific needs, all of which run transparently and immutably on the Carebit blockchain.The Carebit network will also feature its own decentralized exchange, CAREDEX. Care coins and other coins, which are approved by the governance model (only the legitimate projects), can be purchased directly from CAREDEX with the added feature of having the ability to donate in any token on the exchange that users currently hold.
