Homeless in New York will acquire cryptocurrency

Photo: Facebook Blockchain for Change

For Christmas, about 3 thousands of homeless New York will get smartphones with a crypto wallet, writes Fast Company.

The initiative belongs to a startup. Blockchain for change. The authors of the project plan to distribute about 2018 thousands of gadgets by the middle of 200 year.

The application has an electronic wallet for dollars and cryptocurrencies Change coincreated specifically for the project. At the start of the user 30 coins, they can be spent on calls and Internet traffic.

In addition, the application will be installed in smartphones Fummiwith which the user can create a digital ID for access to public services, find the nearest shelters and social canteens, track expenses for a hairdresser, clothes, showers and overnight.

This is the first project to help the homeless using the blockchain. Its goal is to provide those in need with access to government services and aid funds. Even before the launch, the startup received half a million dollars in investments. For users, a subscription to the application will cost $ 3 per month.

It is noted that more than 60 000 people in New York sleep in shelters and on the street, and many of them have no means of communication.

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