In order to achieve their honest and moral goals, NGOs strive to bring smiles and happiness amongst people by helping them in their dire conditions, but end up being accused of lack of transparency in the donation process. The NGO sector is deficient of a system that traces the source of the donation, manages funds appropriately, tracks whether the donation reaches the intended recipient or not, basically an open and see-through system, the information within which can be accessed publicly. Therefore, there is an increased level of disbelief and suspicion among the donors who are unaware of the usage of their money and have doubts whether the donation is being for righteous and genuine purposes.

RingCold

Ringcold SA Swiss was created to help fund NGOs fighting against global warming. The project also approached several NGOs in Europe to discuss different 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 world has recently experiencing a drastic evolution in blockchain technology. This technology is not limited to send and receive digital tokens rather now it is one step ahead and now the merging of finance in blockchain technology has created a next step development of technology and is called decentralized finance (DeFi). All the financial transactions which a centralized bank can serve to its users are now possible on blockchain with DeFi concept. And we are well aware that blockchain transactions are much faster, safe and also there is no need of third party involvement in transaction execution as such the user is not required to reveal his/her identity. So the fast, secure, anonymous and economic execution of transactions is the need of the hour and it it well accepted ans executed by this growing project called RingCold

Ring Cold to help NGOs maintain transparency

A secure, transparent, public Blockchain system to trace and track each and every transaction of the donation process is all that the NGOs need. Donors, NGOs, recipients, all can be the participants on the network that enforces peer-to-peer communication, enabling direct interaction between the parties. Every transaction right from the donor making a donation to an NGO receiving it and forwarding it to the correct recipient can be easily tracked on the Blockchain. Fast and easy donations, proper navigation channels and history of all the transactions can help establish complete transparency in the process.

RingCold to help NGOs maintain immutability

Blockchain’s immutable feature assures that there will not exist any corruption of data by mismanagement or miscalculation of funds. The fact that Blockchain does not allow data to be modified, altered or tampered with helps create an added level of trust among people, that money donated will be processed through the right way to the right beneficiary for the right purpose.
Apart from the above, Blockchain guarantees faster processing and execution of transactions consequently reducing transaction costs. Blockchain can also help in cryptocurrency donations as an alternative to fiat currency, for people who wish to donate using crypto funding.

This project has a sound concept and is providing more scalability with fast speed and low cost. Find out all the details about this unique project by reading the white paper. An experienced & dedicated team is using latest innovations of blockchain technology to make their project the best in their field. The developers have done a good job on this project. This platform is confidently moving towards its goal, has a fairly professional team with many wonderful ideas.

An Innovative crypto blockchain project

RingCold is the next generation of crypto blockchain. This platform is using its own blockchain technology to provide secure, fast and reliable services for users worldwide. Our goal is to make RingCold a leading decentralized crypto blockchain in the world. RingCold is a decentralized crypto blockchain. It allows the use of new technologies to build a financial system that anyone can easily access and use. RingCold is a decentralized crypto blockchain that aims to provide users with all the necessary tools to manage their digital assets, including but not limited to: easy access to marketplaces where users can buy and sell cryptocurrencies, managing secured wallets for storing assets, providing portfolios to track progress, etc. RingCold is a decentralized crypto blockchain that is going to run on a hybrid network of the internet and mobile devices. We are RingCold, a decentralized crypto blockchain based platform. This platform’s goal is to make it easy for users to create their own token and ICOs.

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