Paystand Launches Paystand.org: Fostering Financial Inclusion Through Blockchain Philanthropy

Source: CoinTrust

In a notable development, Paystand, the blockchain-enabled commercial payments platform, has officially unveiled Paystand.org as its corporate social responsibility (CSR) arm. This initiative represents Paystand’s commitment to leveraging blockchain and emerging bitcoin circular economies to generate financial opportunities within vulnerable and underrepresented communities. The platform has already made contributions to various non-governmental organizations (NGOs), including Mi Primer Bitcoin, Hope House, and Digital NEST’s bizzNEST initiative.

Paystand.org aligns with Paystand’s broader mission to decentralize the financial system, steering businesses toward a more equitable economy. The initiative specifically addresses pressing challenges faced by emerging economies globally, such as financial inclusion hurdles, high inflation rates, limited banking access, exorbitant service fees, prolonged payment delays involving numerous intermediaries, and difficulties in securing credit and capital.