Truly International News Journal

Truly International News Journal

Thursday, October, 6, 2022

Press Release

Rubix and Finao Collaborate to Bring Blockchain Infrastructure to Non-Profits, Starting with the YMCA
R

Rubix Blockchain Pte Ltd.
 

                            Seattle, Washington, United States & Hyderabad, Telangana, India:
                         Rubix Blockchain Pte Ltd. (<a rel="nofollow noopener" target="_blank" href="https://rubix.net/">https://rubix.net/</a>), and FINAO LLC (<a rel="nofollow noopener" target="_blank" href="https://finaoeducation.com/">https://finaoeducation.com/</a>) are collaborating to build a 360 degree Rubix blockchain infrastructure for non-profits, initiating with the YMCA (<a rel="nofollow noopener" target="_blank" href="https://ymca.org/">https://ymca.org/</a>). The collaboration will yield a robust decentralized online ecosystem and services based on the Rubix blockchain.According to KC Reddy, founder & chief architect of Rubix, "The capacity for the Rubix blockchain to add measurable value to non-profits is immense. This is a collaboration of passion for Rubix, as we've qualified the ability to significantly impact nearly all critical aspects of non-profit operations, and I'm pleased we're starting with the YMCA FINAO project. Web3 will offer non-profits a valuable channel of leveraging NFTs, smart-contracts, donation management and ESG reporting using the power of Rubix green blockchain technology."

Per Wallace Greene, the founder and CEO of FINAO, “There are numerous segments of non-profit customer and partner systems that will be made more efficient, secure, transparent, and trusted as a result of a systems integration that includes NFTs, Smart Contracts, and ESG reporting systems.”

Mr. Greene confirms this implementation will be initiated with the YMCAs and will be scaled globally. He has confirmed that the project will include the deployment of a comprehensive Rubix blockchain application that will enhance the ability of non-profits to be much more effective in all aspects of their internal operations as well as their interaction and relationships with customers and partners. Mr. Greene went on to confirm that this collaboration will bring a new level of sustainability and business value to the non-profit space.

About FINAO

Led by former Microsoft execs, FINAO is an innovative consultant and developer of proprietary and custom software applications for social good, education, equity, and total wellness. FINAO works in partnership with global non-profits, corporations, and education organizations. Their sweet spot is creating system-oriented solutions for great user experience, high efficiency administrator ownership, informing data, accountability, and use-case scalability. https://finaoeducation.com/

About Rubix Blockchain Pte Ltd.

Rubix is a Layer-1 blockchain protocol for peer-to-peer data transfer & transactions. Rubix is a Web scale protocol with Zero transaction fees, minimal infrastructure costs, high security & privacy. With less than 1 kWh per transaction, Rubix has one of the lowest energy consumptions among all computing networks. Rubix software can be freely downloaded on any PC or virtual machine. The Rubix community has more than 12,500 validators. https://rubix.net/

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

For more information on Product:

Social Links:
Click here for Media Contact Details

                    <p class="margin-bottom">
                        Submit your press release 
                    </p>
Disclaimer: This Press Release has not been vetted or endorsed by The Eastern Herald's editorial staff.

The stories shaping the world

Partner Agency

Business Wire India
Business Wire India
The Business Wire India news distribution platform ensures that your news is disseminated instantaneously through key information systems.

Trending

You may consider