DASH LAUNCHES SMS-BASED CHARITY SYSTEM IN VENEZUELA

The SMS-based DASH wallet service known as DASH Text, has debuted a pilot charity program that offers automated distribution of payments from donors to those in need without the need for any intervening action by any charity organiser or worker.

By having a DASH Text wallet on their phone, no internet connection is required in order for students to receive donations.

World’s First Distributed Charity Model


Thought to be the world’s first distributed charity model, DASH Text believes its contribution model is capable of bringing much needed transparency to the charity sector.

A hard coded QR code is used to distribute $1 USD to each of the children involved and transactions can be viewed on the blockchain.

DASH Text CTO and co-founder, Lorenzo Rey, said that donations are “…immediately and equally distributed amongst the people you’re donating to, this is completely transparent and traceable on the blockchain, the money is never touched by a human third party inside our system, it is all automated and happens in just a few seconds.”

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