Novel coronavirus is spreading at a rapid pace and hospitals are finding it hard to accommodate a large number of infected patients. Problems are also being faced with funds and equipment required to combat the deadly virus. Committees and organizations are joining hands in the noble cause to fight the novel virus. Two such bodies named the Italian Red Cross and the Colli Albani Committee have come together to fund hospitals to have adequate measures to treat their patients. Reportedly, the activities of fundraising and donations will be in bitcoins. This again appears to be a glimmer of hope for many such opportunities regarding the growth of the cryptocurrency industry.
A Noble Cause for the Novel One
Reports have shown the escalating death toll in Italy. The situation is such that even beds in the intensive units are falling short. The staff members to take care of the infected patients are not enough either.
At such a time crypto might actually prove to be a boon, thanks to this initiative.
The Aim of the Campaign
The objective of the campaign is mainly to introduce an advanced level of medication to COVID-19. The goal is to obtain a satisfactory amount of 10,000 euros in order to avail of medical equipment easily. The remaining fund will be used to make up for the fees of the medical staff.
The president of Colli Albani, Bruno Prieosanti, has said that it is high time that the pressure on hospitals and the practice of hospitalization is now eased. The virus has become pandemic and is now a global issue. In Italy, it has already been declared a national emergency. To quote him, “We believe that an innovative fundraising tool like Bitcoin can help us find the necessary economic resources, that are very difficult to obtain in this historical moment.” Bitcoin, in such a matter, can be of great help. The growth of bitcoins is promising and will help the organizations to reach their goal.
Other Affected Countries Apart from Italy
The rapid pace of corona has not left out any country which also includes India. More than 17,600 cases have already been reported and are increasing every day.