Xiamen International Bank's "Public Welfare Charitable Blockchain Platform" is a blockchain-based platform established by Xiamen International Bank to facilitate charity activities, promote the development of public welfare, and improve the quality of public welfare support.

The platform is designed to serve three primary functions:


• Enhancing transparency: Using blockchain technology, the platform can accurately track donations in a transparent manner and guarantee funds and resources correctly and quickly reach their intended recipients. This way, donors can follow the open and transparent process and thus have a better understanding of how their money is being utilized.

• Aiming at providing a safe and reliable environment for donations: The platform uses smart contracts technology and digital encrypted wallets to guarantee that funds for public service reach their respective recipients accurately and quickly.

•Data fragmentation and analysis: Using distributed ledger technology, the platform can divide data into pieces and identify, collect, and analyze the source of donations from volunteers, the method used for donations, and key donors. This way, the platform can understand the sources, trends, and people interested in the public welfare in larger scale.

All in all, the technology of blockchain provides an trustworthy platform for people to commit donations for public welfares and make significant change for the public good. By taking advantage of the cutting-edge technology, Xiamen International Bank’s Public Welfare Charitable Blockchain Platform can not only help to improve the efficiency of donation resources, but also the auditability of public welfare projects.