CHANGPENG “CZ” Zhao, a co -founder of Binance, donated 500 BNB (BNB) to Thailand and Myanmar in accordance with the 7.7 earthquake, causing serious damage and widespread spreading.
Zhao plans to distribute funds through Binance and Binance Thailand if the third party’s onchain donation platform cannot distribute disaster relief funds.
The founder of Binance announced on March 28, before announcing a contribution to the two countries that are affected by the earthquake on the X Post, “We hope everyone in Thailand is safe.
According to Guardian, at least 144 people were killed as a result of fatal earthquakes, as the first respondents of the two countries continued to rescue for free people trapped in debris.
source: CZ
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Disaster attacks Myanmar and Thailand
The earthquake struck at about 1:20 local time on March 28. The epicenter of the earthquake was about 10 miles from Mandalay, the second largest city in Myanmar.
As relief efforts continue, the number of deaths in the two countries is expected to increase, and 732 individuals were injured by an earthquake.
Myanmar’s chief Min Aung Hlawing demanded all countries to provide aid to help disaster relief efforts.
Encryption donation amplifies the aid during the crisis.
Nearly incomplete payment time of border efficiency, low transaction costs, and cryptocurrency makes digital assets an ideal medium for disaster relief funds.
In February 2023, after the 7.8 earthquake, which influenced Türkiye and Syria, Haluk Levent, a chair of Park Ae -ju, began to collect cryptocurrency disaster relief donations.
GOTE Block, a company that promotes encryption donations in cooperation with non -profit organizations, used encryption to collect funds for victims of Maui forest fires in 2023 and donated more than a million dollars to relief activities.
In January, Giving Block began a fundraising event for Emergency Relief Fund for the California Forest Fire in Los Angeles and those who are affected by the surrounding areas.
At the time of this article, the organization raised more than a million dollars for the California Forest Fire Relief Fund.
magazine: Encryption is changing the way humanitarian agencies provide aid and services.