Home / Crypto News / Ripple announces $ 1 million support to San Francisco's low-income support groups

Ripple announces $ 1 million support to San Francisco's low-income support groups

Ripple(リップル)がサンフランシスコの低所得者支援団体に100万ドルの支援を発表

NT 【CRYPTO TIMES Official Writer】

NT Coin Desk News

If you invested in grass coins (XP, PAC, EMB) it is a type of person who lost 90%. I am interested in application of block chain technology rather than cryptocurrency.

Through ” Ripple for Good “, Ripple announced that it supported 1 million dollars for non-profit organization Tipping Point Community.

“Ripple for Good” is a program to support projects aimed at realizing financial subsidies by solving education and financial problems, and Ripple launched in September last year.

The Tipping Point Community is a non-profit organization supporting the education, employment and housing of low-income residents living in the San Francisco Bay Area and has been supporting $ 260 million since starting in 2005.

In the Bay Area, 750,000 jobs have been created in the last 8 years, but there are only 167 thousand residences, expansion of the gap between rich and poor is a problem. As a company headquartered in San Francisco, Ripple will support the Tipping Point Community to solve this problem.

As a support content, we donate US $ 1 million to Tipping Point Community, and when Ripple employees donate to the Tipping Point Community or other organizations, the company doubles the amount and donates it .

In order to make the bay area economically fair and comprehensive in future, the two companies will cooperate and seek out the method.

Article Source: Ripple Partners with Tipping Point to Improve Economic Mobility for Bay Area Workers and Families

A writer who wrote this article

NT 【CRYPTO TIMES Official Writer】

NT Coin Desk News

If you invested in grass coins (XP, PAC, EMB) it is a type of person who lost 90%. I am interested in application of block chain technology rather than cryptocurrency.

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Author: NT 【Coin Desk News】 – Source Post: https://crypto-times.jp/ripple-tipping/

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