UTRUST Partners With AidCoin To Enhance Charitable Giving
UTRUST will be working closely with AidCoin to enhance charitable work. With the partnership, users of UTRUST will be able to donate to charities using 23 different crypto coins via AIDChain on the UTRUST UI.
UTRUST Wants To Take Crypto Mainstream
UTRUST is one of the most promising crypto payments solutions. It has steadily built its reputation as a secure payment gateway that wants to bring crypto to the masses. In the last twelve months, the company has struck deals with various companies to make this possible. The collaboration with AidCoin is a move to position it as the conduit for using crypto in daily life for e-commerce and other financial services.
Before the integration, users will be able to donate to various charities on UTRUST in two ways. Firstly, crypto will be transferred directly and converted into AidCoin tokens. The donations will be managed by charities in a single AIDChain wallet. The second one will be via a donate button. It will enable users to transfer UTRUST tokens to any AIDChain wallet for charities.
The technology that is making this collaboration possible is known as AIDPay. It is an embeddable widget, which allows donations to be made to charities registered on AIDChain. Payments can be made in 23 crypto coins via side apps and sites. A user will be able to track his or her donation from the beginning to the end. It will make it possible to tell how every penny was spent.
What The Leaders Think
The CEO and founder of AidCoin said that he was very excited to be part of this partnership. He added that it would introduce an opportunity for crypto holders to donate directly from their Utrust wallets. The practice of donating directly to charities when making payments was already established in the world of finance but this was the first time it was coming to crypto.
The CEO of UTRUST said that UTRUST was proud to support this amazing cause. He added that accountability, transparency, and giving to the community were a pillar of the company’s purpose and culture.
Who Is UTRUST
UTRUST is the first payment platform for crypto that features instant payments and buyer protection. The company is creating PayPal-like payment platform that offers major crypto support. Its aim is to offer faster, convenient, and safer payments. This will lead to large-scale acceptance and adoption.
Who Is AidCoin
AidCoin is an ERC20 utility token that offers transparency in the charitable donations sector. It allows people to track their donations via the AIDChain platform. AIDChain offers an ecosystem of various services on a simple interface. There is even an internal exchange on AIDChain that allows users to convert their crypto in AidCoin.
On AIDChain, there is also an in-built wallet, tools to connect donors with various players in the nonprofit sector, and templates of smart contracts for running fundraisers. AidCoin also allows charities to integrate a donation button on their sites. This button called AIDPay makes it possible for them to accept crypto for their campaigns. Donors donate in any crypto and the crypto is converted into AidCoin at the current exchange rate.