Blockchain

QuarkChain was the first blockchain to join Binance’s Pink Care Token [ PCAT ]

On July 3rd, Binance Charity Foundation (BCF), the official charity and philanthropic arm of Binance announced the Pink Care Token (PCAT). PCAT is an alliance of blockchain companies to empower 1 million women in developing countries to improve feminine health and wellbeing. The first delivery is scheduled at mid-July in Uganda. A total of 46 companies have joined the alliance.

Sharding based blockchain, QuarkChain, was the first blockchain company to respond and join Binance’s BCF alliance. QuarkChain will be providing technical assistance in the development of PCAT. QuarkChain’s CEO, Dr. Qi Zhou, said,

“The 46-agency alliance is a grand philanthropy with different strengths. QuarkChain’s flexibility is compatible and inclusive. We are willing to provide technical assistance within our capabilities for the release of the Pink Care Token to create more well-being for women around the world.”

This is Binance’s second philanthropic project in Uganda. Last year Binance launched “Binance for Children” initiative. The goal is to help school kids get access to food via Lunch for Children program, as well as scholastic materials, and electricity from solar charity initiative.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

How Blockchain Creates Digital Scarcity and Reshapes Value in Crypto and Art

Introduction to a Digital Revolution In the vast digital world, everything seems infinite. Copy a…

3 hours ago

Solana Update: SOL Stands Firm as Meme Coins Ride Wild Waves

Solana's Steady Climb in a Volatile Crypto World In the fast-moving world of cryptocurrencies, stability…

3 hours ago

XRP vs. Bitcoin: Top Crypto to Buy Now for a 10-Year Hold

XRP vs. Bitcoin: Top Crypto to Buy Now for a 10-Year Hold In the fast-changing…

8 hours ago

Crypto Advocates Launch Stablecoin Principles to Counter Wall Street in Key U.S. Senate Bill Fight

Crypto Advocates Launch to Counter Wall Street in Key U.S. Senate Bill Fight A major…

10 hours ago

How Stablecoins Are Taking Over Web3 Casinos and Setting a New Standard

How Are Taking Over and Setting a New Standard In the fast-changing world of online…

13 hours ago

Best Crypto to Buy With $3,000 and Hold for 5 Years: Ethereum vs XRP Showdown

Why Choose Between Ethereum and XRP for Your Crypto Bet? Investing $3,000 in cryptocurrency is…

13 hours ago