For as much as blockchain has soaked up headlines over the past two years, the sector has yet to break through to the mainstream consciousness.
Much of it has to do with the fragmentation of the sector in general, with different coins and blockchains delivering their own benefits and featuring their own respective communities.
There is also a new trend of charitable organizations being created to help bring blockchain to a massive potential market—those left behind by technology and financial services.
Binance’s new Binance Charity Foundation (BCF), for instance, aims to use blockchain to help alleviate many of the developing world’s problems.
The crypto and blockchain sectors are starting to change the way charity operates.
TRON CEO Justin Sun recently made headlines with a $3 million donation to the BCF, and we had an opportunity to discuss the announcement, as well as the growth of blockchain overall and its mainstream potential.
This is why TRON donated $3 million, to show our support for Binance, BCF, and our common goal of using blockchain for social good.
I’m confident that we will continue to find new and innovative ways to work together to advance the blockchain and cryptocurrency industries.
The arrival of an organization like Bakkt shows that mainstream financial institutions are beginning to understand and embrace blockchain and cryptocurrency.
There are still many people today that hold misconceptions of the blockchain and cryptocurrency industries.
The primary reason behind this phenomenon is that the government still does not understand blockchain and crypto technology.
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