After a <a href="https://www.bbc.com/news/world-latin-america-49629850">category 5 hurricane hit the Bahamas</a>, the country was plunged into a critical situation. The damage to infrastructure is abysmal,  and thousands of people have lost their homes due to the onslaught of the Hurricane.

The biggest impact has been received by the north of the island, where the humanitarian crisis generated by the hurricane has left residents, and especially vulnerable groups such as children, youth and the elderly in a critical situation.

It is expected that there will be a long and expensive process, which will require local and multinational support. Basic services such as electricity and water, as well as essential products such as food or medicine, are currently in short supply, requiring urgent humanitarian support for the area.

The first estimates speak of millions of dollars necessary for the reconstruction and return to the normality of the island. This situation of devastation has been observed by the companies of the island, and especially by PO8, a company dedicated to the development of Blockchain technology.

The firm, whose headquarters is in the Bahamas, and that faced with the devastation suffered by the island has decided to lay hands to the work and collaborate with the reconstruction.
<h4>Blockchain Firm PO8 Driving Humanitarian Efforts In the Bahamas With Launch Of Token</h4>
To this end, PO8 has decided to launch the Bahamas Blockchain Hurricane Dorian Relief Fund, an initiative through which the company has put on sale 8 billion tokens, a product of the sale of which is expected to collaborate in the relief effort humanitarian

PO8 has created the option for donations to be made in Ethereum through its website or in dollars thanks to a GoFundMe opened by the company.

All these funds will be managed by a group of companies and organizations,including the Bahamas Rotary Club,  which is a key component of the initiative.
<h4>Blockchain Applications Continues To Expand Across The World</h4>
These types of initiatives from the private sector remind us of one of the characteristics of the new economy under construction: the humanization of capital.

When companies like PO8, unite in a totally selfless way to a charitable effort like this, they are demonstrating that they have not only embraced <a href="https://www.cryptoknowmics.com/crypto/?s=blockchain">Blockchain technology</a> to generate profits, but to give back to society a bit of what it has given them.  This shows the wider influence of blockchain technology as a growing part of our everyday lives.

Blockchain Firm Launches Token To Support Bahamas Hurricane Victims

I am olowoporoku adeniyi, writer, editor and crypto evangelist, with five years experience in the Blockchain industry.

Blockchain Firm Launches Token To Support Bahamas Hurricane Victims

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