Blockchain just might be the next big thing in humanitarian aid. Ronald Khan, the founder and CEO of Immediate Solutions Initiative (ISI), believes that the crypto revolution is paving the way for a better approach to the accumulation and distribution of charitable aid.
Inventive Solutions with Immediacy
Immediate Solutions Initiative is an innovative non-profit building blockchain technologies for the betterment of the whole human race. They built their business to help philanthropist-investors distribute aid with transparency and economy. Upon surveying the market, the ISI team was disappointed with the limited scope and lack of functionality offered by other available platforms. That’s why ISI is developing private blockchain products to solve a range of problems simultaneously, from integrating cryptocurrency payments to virtual arbitration.
Blockchain: A Boon for the Human Race
Blockchain can be used to coordinate the distribution of aid, grow humanitarian financing, and to track information, crowdfunding, and supply chains. The distributed database component allows organizations to use blockchain to securely gather data about vulnerable populations. It’s critical that organizations keep sensitive data from falling into the wrong hands; using a private blockchain, it is possible to limit access to data to only approved networks. ISI plans to utilize the full potential of blockchain technology to accomplish its goal of improving the quality of human life across the globe.
$Share Coin: A Cryptocurrency for Humanitarian Causes
$Share Coin stands for Strategic Humanitarian Aid REsponse Coin, a name that proudly proclaims the token’s intended purpose. S.H.A.RE primarily refers to an Ethereum Layer 2 and Binance Smart Chain token. It was designed by the $Share Coin Foundation as an economic hedge against corruption and crisis. As a testament to its ability to make a real impact, $Share is now included in the United Nations’ Sustainable Development Goals (SDG) Impact Fund. The $Share Coin Foundation recently donated $2.5M in $Share Coin to the Fund. Upon the UN’s acceptance of the donation, founder Ronald Khan felt an enormous sense of satisfaction. With the United Nations already using $Share Coin to promote positive change around the world, Khan can’t wait to see what other benefits the token has in store for humanity.
Humanitarian organizations have several concerns for the modern digital world: efficacy, economy, and transparency. These qualities are of the utmost importance to these agencies, as the timely and complete delivery of money and goods in the event of an emergency can mean the difference between losing lives and saving lives. To help manage these concerns, the $Share Coin Foundation carefully oversees token distribution project transactions.
The Future of Immediate Solutions
With $Share Coin and the ShareSuite dashboard, ISI is already providing innovative technical solutions to real-world problems. ShareSuite’s digital dashboard and wallet, decentralized vendor applications, QR/SMS-based token redemption function, and wealth of other services were designed to assist humanitarian agencies at every turn. The dashboard is an extremely useful tool that can be used to dispense relief tokens and to enlist local partners and vendors, but ISI is far from finished with its mission to improve humanitarian aid.
The forthcoming $Share platform will be home to a range of crucial and convenient features, including accessible online ID documents, crowdfunding, microfinancing, donor financing, non-profit fundraisers, digital development for businesses, and many others. The Immediate Solutions team is also building the $Share V1 SDK, a blockchain development kit for businesses and developers, which will allow users to build blockchain products with greater speed and power than when working from scratch. One of the kit’s most exciting features is the $Share Atomic Swap function, which allows users to exchange tokens from different blockchains under a specific set of conditions designed to minimize counterparty risks. Khan believes that “Creating our own development kit will help us build a strong community of blockchain experts.” The team also hopes that the new SDK will attract the attention of noteworthy developers who can both spread the word about the $Share platform and help to improve it. They’re planning to implement bounty programs where developers can earn $Share if they develop or fix bugs in their SDK.
In addition, the team is working on several major developments relating to their platform and advanced algorithm protocols, such as their patent-pending ISI Blockchain Dev Lab Dynamic DLT Merkle Chain Sharding protocols, which will increase their network speed to at least 10,000 times faster than Bitcoin, 100 times faster than Uniswap/Pancake Swap, and faster than literally any exchange infrastructure in existence.
The Impact of Immediate Solutions
Immediate Solutions Initiative is leading the charge towards a brighter future for humanity with its innovative approach to blockchain development. They’re building a better world simply by doing what they do best; creating inventive technological solutions to real-world problems.
Name: Immediate Solutions Initiative