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WAHED for Social Impact Funding Welfare and Philanthropic Initiatives Abu Dhabi, UAE

  Financial Services

Charities and philanthropic endeavors have made significant contributions to raising awareness to injustices around the world, and providing a platform for improving the lives of people. For all the good work, however, social impact schemes often face criticism for being inefficient and lacking transparency. 


 


With the invention and rapid adoption of blockchain technology, these problems of efficiency and transparency can now be addressed. Blockchains and cryptocurrency platform can help usher in a new era of transparency and accountability.


 


Blockchains for Transparency


 



 


 Blockchains to Automate The Flow Of Money


 


Built on the Binance Smart Chain, a highly-scalable, interoperable network with low fees, WAHED is able to reduce waste within the system. With ‘cutting out the middleman’ being an essential advantage that blockchain company can provide, those making donations will have unprecedented access to the causes they choose to support. Alongside advantages of reduced handling fees, being compatible with Ethereum’s Virtual Machine enables the seamless setup of recurring payments from all over the world. 


 




 


The WAHED Ecosystem


 


With a mission of making philanthropic investment more accessible and efficient, WAHED aims to bring about change by creating an ecosystem of services that work together. The cryptocurrency and driver of value within this system is the WAHED Token, used as the primary means of funding projects and paying for transaction fees.  


 



 


 


The WAHED Ecosystem consists of the following components



 





    • Project Management Dashboard





 




  • WAHED Foundation




Cryptocurrency Exchange


 


Traders and investors alike can utilize WAHED’s exchange, with fees paid for in the platform’s native WAHED token. All the features expected of a modern exchange such as spot trading, market orders, stop losses and conditional orders will be available. The integration of TradingView, Trading API and Copy Trading will enable users to get the most value for their investment.


 




 


On traditional exchanges, fees are an essential part of ensuring that traders aren’t spamming the network. In the case of WAHED, this mechanism brings the same safety precaution while also funding the WAHED Foundation. More on this later. 


 


NFT Marketplace


 



 


The skyrocketing price of NFTs brought millions to talented artists around the world while bringing legitimacy to digital artwork collections in a way befitting the largest art auction houses.  Offering a range of utility use cases, NFTs are the newest example of how digital value can be created. Making up a significant share of how we spend our time online, this mechanism brought artists and fans closer than ever before.  


 


The WAHED Foundation


 


With all life on earth standing to be affected by the ongoing effects of climate change, it is imperative that solutions and technology that help people overcome these challenges are implemented. The WAHED Foundation’s purpose is to review proposals and allocate funds for the best initiatives focused on climate change and animal welfare. 


 




 


Though it is currently operated by the team behind WAHED, the goal is to eventually implement a decentralized autonomous organization, or DAO, governance model.


 


WAHED Projects Management Dashboard


 


Finally, to address the prevalent criticism of transparency within the field of philanthropic efforts, the WAHED Projects Management Dashboard aims to make all projects more accountable to the public. All users can access the portal to monitor progress towards milestones, and to check how projects are utilizing their funds. If more than the allocated funding is required, requests can be made for publishing through this mechanism, with more WAHED tokens being made available through the community.


Conclusions


 


WAHED aims to be at the forefront of companies integrating blockchains into the very core of their value proposition. If improving efficiency and transparency form the very foundation of charitable giving, we can start building on more secure platforms in our quest for a better world.


Please visit our website: https://wahedprojects.org/
Keywords: blockchain company, start up funding , buy and sell of bitcoin, WAHED Coin, crypto platform

 Published date:

November 30, 2022

 Region:

Abu Dhabi, UAE

 City:

Abu Dhabi, UAE

 City area:

Abu Dhabi, UAE

 Address:

Abu Dhabi, UAE

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