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Romanian Startup Targets $ 400 Bln Charity Fundraising Market With New Platform

A Romanian startup has set up a blockchain-based fundraising platform for philanthropic organizations such as Unicef, Red Cross or Save The Children to improve

Year-End Launch Planned

GoHelpFund is harnessing Blockchain and Smart Contracts, both of which significantly enhance speed and security of payments when compared with older payment systems. It also plans to integrate artificial intelligence (AI) and machine learning capabilities to add innovative features. Its origins, along with the new HELP cryptocurrency, expects to open for business at the end of 2018.

In 2016, Americans alone donated $ 390 to charitable causes, according to the Giving USA Foundation.

Conceived last year by Daniel Tirzuman and his co-founders, GoHelpFund works off Amazon Web Services, and uses the Ethereum cryptocurrency ahead of HELP's launch.

Machine learning, will for example, will enable machine learning and learning real-time detection (RTD) to recognize fraud and other events before they happen automatically. Similarly, which will prioritize fundraising campaigns. For example, it will be more important than any other country in the world

The company believes its machine learning and artificial intelligence features will have a big impact on user experience, making it more easy and reliable

HelpHelpFund's HELP token is a standard ERC20 Ethereum token and based on the company's calls Advanced Distributed Edge Network (ADEN), the company's proprietary blockchain solution.

According to GoHelpFund, when the company eventually migrates from Ethereum to HELP, with its own Blockchain, it will bring in flexibility to create master nodes and other features. (19459003)

Donors on the platform and the use of a cryptocurrencies.

GoHelpFund has raised $ 125,000 from a pre-sale of its tokens. Token sales are scheduled to continue through March. An ongoing bounty program is scheduled to close March 28.

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