Liechtenstein, December 5 – As of now, donations can be made to SOS Children’s Village Liechtenstein using Bitcoin, Bitcoin Lightning or Ethereum. With this, the innovative non-profit organization meets an ever-increasing donor need and further increases the transparency of donation flows. As a professional implementation partner, SOS Children's Villages Liechtenstein has Bitcoin Suisse at its side. SOS Children's Villages Liechtenstein was also supported by the Financial Innovation and Digitalization Unit of the Liechtenstein government.

Bitcoins are already widely used in everyday life; for example, users can pay for daily purchases, travel expenses, or other services with Bitcoin. So why not donate in cryptocurrencies as well? "Nowadays, a wide number of people holds cryptocurrencies, with many among them wanting to support innovative aid projects and donate directly in cryptocurrencies. Especially the younger generation prefers fast and easy crypto payments over traditional means of payment," says Magdalena Frommelt, Managing Director of SOS Children's Village Liechtenstein. “That's why we decided to offer the possibility to make donations in cryptocurrencies together with Bitcoin Suisse.”

Broad support from Bitcoin Suisse

Denis Scheller, Senior Manager Bitcoin Suisse Pay, says: "We are convinced that thanks to donations in cryptocurrencies, non-profit organizations like SOS Children's Village Liechtenstein will be able to implement even more valuable projects and provide help to those in need. As a pioneer in this industry - especially in the field of crypto payment services - we see this as an important step to promote further adoption of crypto and blockchain technology. We fully support SOS Children's Village Liechtenstein project and are very pleased to be working with the Schaan-based non-profit organization."

"Bitcoin donations increase transparency"

Thomas Dünser, Staff Unit for Financial Center Innovation and Digitalization, sees various advantages in donations in cryptocurrencies: "Blockchain technology increases the transparency of donation flows. This counteracts corruption and gives confidence. Direct donations to non-profit organizations eliminate possible bank fees, and since cryptocurrency transactions are essentially final, once confirmed they cannot be manipulated".

For more information, please visit www.sos-kinderdorf.li