Request Network announced that it has partnered with Wikimedia Foundation to provide a transparent donation mechanism for one of the internet's most popular websites.
The request platform, called WooReq, is designed to be a flexible payment gateway to provide solutions for a range of financial applications.
Part of Request's main proposition is the integration of localized trade law and legislation, allowing transacting parties to automatically negotiate any regulatory hurdles that may have otherwise interfered.
While the Request project may appear ambitious, the goals it intends to achieve are not without merit; Request has already seen partnerships from Price Waterhouse Cooper France and Francophone Africa in providing blockchain based financial solutions.
This cooperation will see Request foundation in a leadership role, providing the companies and their clients with vital knowledge of the blockchain infrastructure and aiding them in "Accelerating R&D and increasing adoption of real-world financial blockchain solutions."
This announcement also unveiled Request Networks partnership with the Wikimedia Foundation, an American non-profit and charitable organization that operates the Wikipedia online encyclopedia, alongside 14 other free knowledge projects.
The Wikimedia foundation depends mostly on donations and since 2014 has been accepting bitcoin donations through Coinbase, a third party payment provider that allows for direct conversion into USD. Request Network will provide the ability for users to contribute to the foundation with any digital currency, allowing complete real-time transparency of donor transactions without the possible interference of third parties.
"Crypto-donations enabled by blockchain technology offer a guarantee of simplicity and trust for donors. The Blockchain technology offers a total and permanent visibility on the collected amount, which allows the Wikimedia Foundation to be as transparent as possible."
The announcement marks an enormous step forward for the Request Network, WooReq will cater to a massive audience by offering a free, open source crypto e-commerce plugin on one of the most popular website building platforms.
In tandem, these partnerships will provide the network with some much-needed traction and volume, allowing them to cement themselves as a leader in transparent blockchain financial solutions.
Request Network Partners With Wikimedia to Launch Blockchain-Powered Donations
Udgivet den May 3, 2018
by Cryptoslate | Udgivet den Coinage
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