Inflation resistant currencies (flatcoins), the true innovation to stablecoins
Stablecoins
Stablecoins are a type of cryptocurrency whose value is pegged to another asset, such as a fiat currency or gold, to maintain a stable price.
They strive to provide an alternative to the high volatility of popular cryptocurrencies, making them potentially more suitable for common transactions.
Stablecoins can be utilized in various blockchain-based financial services and can even be used to pay for goods and services.
Types of Stablecoins
There are primarily two types of stablecoins: fiat-collateralized and non-collateralized (algorithmic).
Fiat-collateralized stablecoins are pegged to a specific asset, such as a fiat currency or gold. The entity behind the stablecoin maintains a reserve of the asset or assets backing the stablecoin, supporting the value of the digital currency.
On the other hand, non-collateralized (algorithmic) stablecoins use software algorithms to automatically adjust the supply of the stablecoin based on demand, aiming to maintain a stable price.
Mealcash Food Charity program, for human needs around the world.
What’s the problem?
Hunger is the No. 1 health risk in the world.
The failure of humanity: 735 million people suffer from hunger worldwide. killing more people every year than AIDS, malaria, and tuberculosis combined. Hunger and malnutrition are intrinsically linked to poverty. Education is a key component to breaking the poverty cycle. Although great progress has been made in recent years to ensure more children are able to access education, accessibility is not always enough.
Worldwide around 66 million primary school-age children are attending classes without enough food. Approximately 23 million of these children are in Africa. Children are left with crippling hunger and have little choice but to skip classes trying to find food. Those that battle through hunger and stay in class, struggle to focus and perform.
