Shift4, an American payment solutions provider, on Tuesday said that they have acquired “The Giving Block”. They acquired it for $54 million and with a potential payout of $246 million.
The Giving Block is an online platform that was launched with Non-profit organizations in mind. It helps more than 1300 Nonprofits accept crypto all over the world. They help many charities across the globe to secure crypto payments.
In the growing tech world, while many people are being displaced, a global currency like crypto helps preserve assets. Since it is a worldwide phenomenon it also makes it easy to start a life somewhere else or convert into other currencies.
This kind of mobility has been a blessing for people in the nonprofit sector. With fast and secure transactions these new-age technologies are changing the world as we speak. It makes global transactions a breeze and also gets people the help they need almost instantly.
With the geopolitical tensions in Ukraine, Shift4 has already set up an Emergency Response fund. As of this moment, they are accepting ETH, BTC and other altcoins too. 10 nonprofit organizations are working on the ground to ensure that the people of Ukraine are not hurt and have access to basic necessities.
You can take part too and donate according to your will. If you have been planning to put your crypto to good use then here is your chance to do so. You can help people in need in a fast and secure way with your digital assets.