FUZAMEI Launches Blockchain-Based Platform '33 Charity' For Tracking And Managing Data
FUZAMEI Launches 33 Charity For Tracking And Managing Data
February 8, 2020
FUZAMEI Launches Blockchain-Based Platform '33 Charity' For Tracking And Managing Data
FUZAMEI Launches 33 Charity For Tracking And Managing Data
February 8, 2020

Hangzhou FUZAMEI, a Chinese startup, has launched 33 Charity, a philanthropy-focused blockchain-based platform for tracking and managing data.

On February 7, it has been reported that the platform is designed to boost the transparency and efficiency of businesses’ internal processes, including charitable organizations. The platform also appears to be a shared network where organizations can register, store and manage information about individuals.  

However, donors and recipients are able to make requests under their own names, while medical institutions can apply for certificates of authority through identity authentication agencies to obtain signatures.

CA certificates contain information about an entity or person, including their name, contact details, public key and expiration date for the certificate. Such certificates help verify identities and link them to cryptographic key pairs with digital certificates.

Along with the launch of its platform, FUZAMEI announced a 100,000 Chinese yuan ($14,280) contribution for fighting against the current outbreak of the coronavirus.  The company spent 60,000 Chinese yuan ($8,500) of that sum on medical supplies.

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Thus, FUZAMEI previously told that it had applied for more than 300 blockchain patents, 295 of which were published, and eight of which were authorized by last November.

Source: jcnnewswire.com | cointelegraph.com


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space. She loves writing about blockchain and other blockchain-related articles.