Press Release – July 3, 2019 – Binance Charity Foundation (BCF), the blockchain-enabled charity platform and official philanthropic arm of the global cryptocurrency exchange Binance, today announced the first strategic alliance of 47 companies and organizations as founding partners to introduce ‘Pink Care Token’ (PCAT). In the frame of period poverty campaign, the alliance aims to empower 1 million women in underdeveloped countries for overall feminine health and wellbeing improvement. The 1st batch of Pink Care Token and sanitary pads delivery is scheduled for in the mid-July in Uganda, graced by the minister-level politicians from Ugandan Government .
“Pink Care Token is the first social-impact stablecoin issued on Binance Chain. A part of our mission is to promote cryptocurrency adoption, and I think charity is one of the most efficient ways to bring cryptocurrency value to more people,” said Changpeng Zhao (CZ) – CEO and co-founder Binance.
The ‘Pink Care Token’ is a redemption-only…