Italian Red Cross Launches Bitcoin Fundraiser to Combat Coronavirus

The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country’s coronavirus pandemic with the support of Helperbit, as announced on March 12.

Proceeds from the campagin will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19 cases in the country, and it is expected to reach a goal of €10,000 to buy the necessary medical equipment for the infrastructure. 

The remaining funds will be used to cover the fees of the medical staff that will be involved in the project.

Bruno Pietrosanti, president of the Colli Albani Committee, said that they need to ease the pressure on hospitalizations due to the increase in infected patients and the reduced number of places available in Italian hospitals.

The campaign is also supported by Young Srl, a Fintech startup that operates in the cryptocurrency sector to support community initiatives, and by Blockchain Education Network Italy, a non-profit organization that divulges information about Bitcoin and blockchain in Italian territory.

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