After reshaping the world of finance, blockchain may bring its unique benefits to the humanitarian aid sphere. Immediate Solutions Initiative founder and CEO Ronald Khan claims that charitable aid is the next great frontier for crypto philanthropists. Immediate Solutions Initiative (ISI) is a humanitarian non-profit in the crypto/blockchain space. ISI was created to assist in the circulation of aid with integrity and economy. As the team studied the market, they found every other platform too restrictive and difficult. The ISI team hopes that their platform can tackle a variety of issues at once, from coordinating digital crypto payments to virtual mediation.
Blockchain and Humanitarian Aid: An Unexpected Blessing
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: The Humanitarian Token
$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.
Forthcoming Features
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. 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.
Elevating Trade with the Atomic Swap
One of the kit’s most exciting features will be the $Share Atomic Swap function, which will allow users to exchange tokens from different blockchains under a specific set of conditions designed to minimize counterparty risks. With the Atomic Swap, the possibilities are now limitless for the creation and trading of real-world financial assets on the ShareXchange across blockchain technologies and asset listing exchanges for the first time ever. You can swap Share Coin, Ethereum, BNB, and other tokens for Tesla, Alibaba, Netflix, AMD, S&P 500, Microsoft, Google, Apple, and over sixty other assets coming over the next few weeks.
The synthetic assets traded on $Share Atomic Swap are called $ShareXchange Mirrored Assets, or mAssets, and they mimic the price behavior of real-world assets. Currently, there are over a billion US dollars in mirrored assets trading on different exchanges. With the $Share application, any asset can be traded by anyone from anywhere in the world with open access.
The Immediate Impact
The Immediate Solutions Initiative is quickly proving itself to be a leading crypto innovator, and their altruistic edge makes them an easy team to root for. With their uniquely human approach to innovation, ISI seems destined for greatness.
Name: Immediate Solutions Initiative
Email: team@blockchainlab.dev
outreach@immediatesolutions.org
