Categories: Ethereum

​Airbus’ A-Cubed launches blockchain for non-profits

Click here to view original web page at
Image: ismagilov, Getty Images/iStockphoto

A-Cubed, the Silicon Valley outpost of Airbus, has launched an open source, public blockchain project aiming to assist charities and non-profits that are onboarding cryptocurrencies and smart contracts.

The Airbus Foundation, the European aerospace giant's philanthropic play, is the first to use the Ethereum-based blockchain technology developed by Heritage.

According to A-Cubed, Heritage will provide Airbus Foundation with a decentralised application to accept and manage cryptocurrency donations for itself and its partners.

"Many of the organisations that could benefit most from blockchain are denied access due to resource skill or knowledge gaps. Heritage wants to open these organisations up to a new class of donor," A-Cubed explained.

In addition to Airbus' own charity, animal welfare organisation HartSong Ranch Animal Sanctuary and the Museum of Art, Design, and Entertainment also participated in A-Cubed's pilot campaign, which consisted of an internal test of the donation platform.

Heritage is also working with Unicef for blockchain development.

Must read: The blockchain explained for non-engineers

Fundraising and donations is the first use case for the Heritage platform, with A-Cubed seeking to implement the same technology for its internal business applications.

With its blockchain play, the company hopes to set a standard that non-profits can replicate to "continue to grow the ecosystem".

"By releasing this project as open source, the project seeks to set or contribute to standards in this emerging space," the company wrote in a statement.

"Charities are often constrained by a lack of resources that impacts the good they wish to accomplish. While they could greatly benefit from blockchain technology, they've often been overlooked. Heritage shortens their adoption gap and connects charities and cryptocurrency donors to accomplish their goals in new ways."

Heritage records donation data as an ERC-721 token owned by the donor. A-Cubed said that when a donation is made through Heritage, the donation is recorded along with the donor's Ethereum address and donation amount. Heritage can also record and issue donation certificate information for taxation purposes.


Unicef Australia turns to cryptocurrency mining for fundraising

The Hopepage will turn computer processing power into cryptocurrency for a new fundraising avenue for Unicef Australia.

Denmark considers blockchain a new weapon in the fight for human rights

The Ministry of Foreign Affairs of Denmark has highlighted the potential for cryptocurrency to be used to transfer aid in a way less susceptible to corruption.

Blockchain won't save the world, but might make it a better place

Although blockchain's crypto-anarchist utopian dream is unlikely to be realised, it still promises plenty of benefits.

6 industries that are using blockchain to drive business value right now (TechRepublic)

Blockchain is already impacting companies across the finance, healthcare, and food industries. Here's how.


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Is Boris Gone Landslide and How Would Bitcoin, Markets, React?

The sun has returned on London streets as Boris Johnson, the unelected British Prime Minister, once again covers our TV… Read More

5 hours ago

California Man Admits Masterminding $25 Million Bitcoin Launder Fest

A Los Angeles man has plead guilty to a multi-million money laundering scheme. | Source: Shutterstock By CCN Markets :… Read More

5 hours ago

WORLD NEWS: This Week in Blockchain and Crypto

This week has seen interesting developments around the globe on crypto projects and governments interest in the digital assets space.The… Read More

5 hours ago

Bitcoin Circuit: Is it a scam? Read our comprehensive review!

If you are looking for ways to speculate on cryptocurrencies, then I am sure you have thought about signing up… Read More

5 hours ago

Model: Bitcoin (BTC) Price to Surge 100% to $20,000 by May

In just around nine months, Bitcoin (BTC) will see its next block reward reduction — dubbed “halving”. Despite this rapidly… Read More

5 hours ago

Early Bitcoin Contributor Projected $10 Million BTC Price 10 Years Ago

Share Tweet Send Share Just a week after the bitcoin genesis block in January 2009, computer scientist Hal Finney published… Read More

5 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More