RingCold platform is created by innovative developers who are mush concerned with planetary growth by taking care of environment hazard by using blockchain technology. This Projet is operating via collaboration with certain NGOs which are working to improve the quality of environment by creating the means to check the environment hazard and by curbing the substances which are making this hazard.
NGOs (non-governmental organizations) or non-profit organizations are essentially bodies independent of any government, that are involved in social and humanitarian causes. Organizations for raising funds for the poor and needy, looking after the aged, orphans or the disabled, taking care of public sanitation issues, preservation of environment, working for the upliftment of the deserving people by providing education & literacy, women empowerment etc are few types of NGOs that are available in our society.
Using Blockchain Technology
Fair mount of fund is required to carry out these operations. RingCold platform is using blockchain technology and making it sure that the financial activities to be executed on decentralized mechanism of blockchain technology where the transactions are executed anonymously but with full transparency by kicking out third parties impact out of the equation. Thus there are no hidden charges and also no hurdles so the transaction are executed with fast speed and with very low fee
This platform is making sure of fair distribution of funds. The Donation is collected on blockchain and then it is disbursed to various NGOs by using the decentralized ecosystem where the transactions are executed by the smart contracts of the platform and the data is stored in an online ledger by the innovative nodes of the platform where everyone can see and authenticate the transactions. The data is stored in user's account and once the transaction is verified on blockchain, it can not be reverted. So there is no chance of any king of manipulation or hacking the data for personal interest.
Environment Friendly Platform
Ring Cold’s Smart contracts allow us to design globally accessible and fully automated incentive systems that can directly reward individuals, companies and governments for taking part in sustainable practices – such as regenerative agriculture, carbon offsets, crop insurance and more. At its core, the fight against climate change is going to require a massive shift in global consumption habits, and smart contracts are an incredible tool for incentivizing participation in global green initiatives.
Ringcold SA Swiss was created to help fund NGOs fighting against global warming. The project also approached several NGOs in Europe to discuss differents actions to be carried out in partnership. In order to get quick and efficient results, its team decided to raise funds from investors around the world and also create partnerships with famous ambassadors who defend the same values.
The development team understands the task and clearly represents how to solve it. This project has great potential. I like how this project develops. Really useful project with thoughtful use of the token. Undoubtedly will find its place in the world of the future.
Much Transparency
Ring Cold platform is using blockchain technology and its decentralized mechanism to create Fund to fight against global warming. This protocol is using Distributed ledger technologies that can be leveraged to support climate action, for example by facilitating transparent and standardized transactions, or by enabling more efficient monitoring and accreditation processes. In contrast to the traditional ledgers used by banks and governments for centuries, which are centralized and inaccessible, blockchain ledgers are decentralized and transparent. There is no central authority acting as the exclusive manager of the ledger, with sole responsibility for storage, updates and verification of transactions. On the contrary, all participants of the blockchain network hold a copy of the ledger, and transactions although encrypted, are visible to all.
Sound Vision
RingCold platform's long-term vision is to provide a peer-to-peer secure and transparent digital payment system for Educational Institutions based on blockchain technology. The project aims to create a global community which consist of developers, influencers crypto investors/traders and also the students just like social media at the beginning. The community of this platform though have their individual identities but yet they exist as a part of a huge joint family on this platform. They can interact with each other, share their ideas and help each other. The community got the voting power and they can decide what is good for the platform to grow rapidly. The project is moving ahead by gathering like minded people who decide the future development strategies and required tools for future growth of the platform.
Useful Links:
- Website - https://ringcold.org/
- Telegram - https://t.me/ringcoldcrypto
- Twitter - https://twitter.com/ringcold
- Facebook: https://www.facebook.com/RingCold-Crypto-Monnaie-170412438411409
- Reddit: https://www.reddit.com/user/RingcoldCoin
Writer
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