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Freedom and Transparency of Open Cryptocurrency Case Study Donation to Ukraine

Fajar Purnama
Coinmonks
7 min readMar 7, 2022

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Transparency is one of the key innovation of cryptocurrency. The term known as cryptocurrency by regular people and the term open public blockchain known by academicians are one financial technology that the inside can be seen by everybody. If we know the owners of the cryptocurrency account, the full and in real-time we can track their transactions.

For example, here is an application called Zerion. By searching Ukraine’s Ethereum address for accepting donation we can see the balances and transactions in real-time. Zerion also provided shared hyperlinks where you can see yourself if you are curious https://app.zerion.io/0x165cd37b4c644c2921454429e7f9358d18a45e14/overview.

Payments & Donations & Other Wealth Transfer in Cryptocurrency

The open source and decentralized nature of cryptocurrency allows anyone to freely transfer cryptocurrency assets without further complications (just scan…

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Coinmonks
Coinmonks

Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

Fajar Purnama
Fajar Purnama

Written by Fajar Purnama

this blog contains all my articles licensed under creative commons attribution customized sharealike (cc-by-sa) where you can sell but mention the open one here

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