Black Swan events (including the economic downturn and the coronavirus pandemic) change policy directions, economy lines, and business models and affect the course of history. The Black Death destroyed the feudal system, replacing it with more modern employment relationships. Three centuries later, the deep economic crisis caused by the hundred-year war between England and France led to the radical innovation breakthrough that modernized the agricultural sector. The French Revolution and the Napoleonic Wars predated the first industrial revolution. The First World War became a strong impulse for the second industrial revolution. The process of digitizing the economy took place in parallel with the collapse of the USSR and the termination of the Warsaw Pact.
In the context of social distancing and lockdowns, donations and other transfers are impossible. It is here that the value of the blockchain goes far beyond any game. Here are some examples that speak for themselves.
As a result of the devastating pandemic, the Italian national Red Cross has expanded its methods for receiving payments. One of the latest innovations was accepting bitcoin donations. This method was made possible by the blockchain startup Helperbit. The project offers organizations a platform for raising funds for charity, including assistance for victims of the coronavirus.
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