Rome, September 19th, 2017 – Helperbit srl announces that partnered up with Mistral Pay Ltd and The Rock Trading Ltd. The collaboration enables Helperbit to widen donation traceability services by adding a new payment method, but maintaining transparency and monitoring provided by the blockchain.
This new solution can boost the widespread adoption of blockchain for transparency purposes, even for people who are not practical with these new technologies but who have a Credit, Debit, or Prepaid Card.
The process is very simple, similar to classic online payment procedures; through an intuitive interface the donor is guided step by step, without the need to know and manage bitcoins.
The tool is already available in the Italian earthquake relief fund: https://helperbit.com/donateit
From now on, it is possible to donate by Credit, Debit and Prepaid Card through the regulated payment institution Mistral Pay. Thanks to The Rock Trading exchange service, the donation is automatically changed in bitcoin and immediately sent (subtracting acquiring and conversion costs specified at the time of payment) directly to the chosen beneficiary. The whole operation lasts the technical time required to confirm the transaction by the bitcoin network, so the wait is minimized.
Guido Baroncini Turricchia, CEO at Helperbit, stated: “The collaboration with Mistral Pay and The Rock Trading will bring the platform closer to a larger number of users by increasing the volume of donations for the benefit of the projects in Helperbit.”
Andrea Medri, CFO at The Rock Trading, commented: “We are happy to work with this worthy project. We believe it can bring benefits to the charity sector and demonstrate a positive use of blockchain technology, that is good for the whole community. ”
Helperbit srl is an innovative Italian startup, VAT 13844091002, which allows to donate to NGOs or those affected by an emergency and tracking the flow of economic flows using blockchain technology. The startup was selected for the Blockchain Space acceleration program, won several Italian and European competitions (iBank Challenge, Graz Blockchain Startup Contest, GTEC Blockchain Contest, D10e Startup Contest) and was included among the 100 innovative projects for the UN World Humanitarian Summit.
About Mistral Pay
Mistral Pay Ltd is a private limited liability company incorporated pursuant to the Maltese Companies Act (Chapter 386 of the Laws of Malta). Mistral Pay’s registered office is Ground Floor, Europa Centre, St. Anne Street, Floriana, FRN9011, Malta. Registration number C 63632.
Mistral Pay is a licensed Payments Institution regulated by the Malta Financial Services Authority (MFSA) under the European Payments Services Directive that provides global electronic payment solutions to banks, credit unions, transaction-intensive financial services companies and the general SME sector. Mistral Pay is a member of the Portman International Holdings group. Portman International is a European financial services group and traces its origins to 1986 in London, England.
About The Rock Trading
In 2007, “The Rock Insurance Co.” was born as a virtual insurance company in Second Life, the first of its kind. In 2010, it changed the name in “The Rock Trading” with a section dedicated to fund management and currency exchange. It is one of the oldest active bitcoin exchange, active since June 2011. New currencies have been added (such as Litecoin, Namecoin and others) and in May 2013 it became a Ripple gateway and an official XRP reseller.
In July 2013, The Rock Trading becomes a Limited Liability Company, registered in Malta and founded by Andrea Medri (CFO) and Davide Barbieri (CTO).