ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
ICP Zero-Fee Gala
The post Creu Roja Launched RedChain with ETH: Transparent Aid appeared on BitcoinEthereumNews.com. The Spanish Red Cross (Creu Roja) has launched its blockchainThe post Creu Roja Launched RedChain with ETH: Transparent Aid appeared on BitcoinEthereumNews.com. The Spanish Red Cross (Creu Roja) has launched its blockchain

Creu Roja Launched RedChain with ETH: Transparent Aid

Author: BitcoinEthereumNewsSource: BitcoinEthereumNews
2026/02/04 04:55
2 min read

The Spanish Red Cross (Creu Roja) has launched its blockchain-based aid distribution system called RedChain, developed with BLOOCK and Billions Network. The system, ETH Detailed Analysis digitizes all donations using ERC-20 aid credits on the Ethereum (ETH) blockchain, providing real-time transparency while aiming to protect the identities of aid recipients. Credits delivered via QR codes to mobile wallets instead of paper vouchers and prepaid cards can be used at participating merchants.

Source: Creu Roja

While recipient data is kept completely offchain, the blockchain is used only as a verification layer for transaction hashes, timestamps, and integrity proofs. Donors can monitor fund flows and expenditures but cannot reconstruct individual identities. A Creu Roja official states that the system provides transparency for flows and outcomes while protecting recipient privacy. BLOOCK CEO Lluís Llibre said that the blockchain works like a public notary and can detect changes. Billions Network provides eligibility verification with zero-knowledge proofs.

How Does RedChain Work on the ETH Blockchain?

RedChain tokenizes aid credits using ETH’s ERC-20 standard. Offchain identity data combines with blockchain verification; this minimizes gas fees while maintaining Layer-1 security. Current ETH price 2.313,18 USD (+0,50% 24h), RSI 26,86 giving oversold signal (downtrend).

Critical Support and Resistance Levels for ETH

  • Support S1: 2.157,14 USD (⭐ Strong, -6,74% distance, Fibo 0.000, Prev Day Low)
  • Support S2: 1.586,87 USD (Medium, -31,40% distance)
  • Resistance R1: 2.396,39 USD (⭐ Strong, +3,60% distance, Fibo 0.114, Prev Day High)
  • Resistance R2: 2.603,63 USD (⭐ Strong, +12,56% distance)

Supertrend bearish, EMA 20: 2.781,23 USD. Follow ETH futures.

Frequently Asked Questions About RedChain and ETH

  • What is RedChain? ETH-based aid system that combines transparency and privacy.
  • Why was ETH chosen for RedChain? For ERC-20 compatibility and real-time verification.
  • What will ETH price be? S1 support is critical; RSI oversold, recovery possible.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/creu-roja-launched-redchain-with-eth-transparent-aid

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump MAGA statue has strange crypto backstory

Trump MAGA statue has strange crypto backstory

The post Trump MAGA statue has strange crypto backstory appeared on BitcoinEthereumNews.com. A 15-foot-tall statue of former President Donald Trump, cast in bronze
Share
BitcoinEthereumNews2026/02/04 08:22
ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments

ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments

The post ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments appeared on BitcoinEthereumNews.com. Jimmy Kimmel (Photo by Media Access Awards Presented By Easterseals/Getty Images for Easterseals) Getty Images for Easterseals The shock decision by ABC to pull Jimmy Kimmel Live! “indefinitely” after the late-night host’s remarks about the killing of Charlie Kirk has created a rare moment in modern TV media: A major show abruptly taken off the air, with its network forced into crisis-management mode. Rare, that is, but not unprecedented. What might go unnoticed by many people reacting to the news about Kimmel and his potential cancellation is that this is not the first time ABC has made such a move. In fact, a version of the same thing happened to Kimmel’s predecessor program — Bill Maher’s Politically Incorrect, which once had Kimmel’s slot and which ABC cancelled in the wake of a firestorm around comments Maher made in the immediate aftermath of the September 11 terrorist attacks. (Notice, by the way, that I said cancelled “in the wake of” and not “because of.” More on that in a moment.) Here’s what happened: Less than a week after 9/11, Maher and a panel were talking about then-President George W. Bush’s use of the word “cowards” to describe the hijackers. “We have been the cowards,” Maher interjected, referencing the practice of “lobbing cruise missiles from 2,000 miles away. That’s cowardly.” But Maher then went even farther over the line: Actually staying in an airplane as it hits a building? “Not cowardly.” You can read more about the ensuing uproar in this ABC news story from 2001, which includes a statement that Maher issued through his publicist: “In no way was I intending to say, nor have I ever thought, that the men and women who defend our nation in uniform are anything but courageous and valiant, and I offer my apologies to…
Share
BitcoinEthereumNews2025/09/18 11:02
The real-life inspiration for the protagonist of "The Big Short": Bitcoin crash may trigger a $1 billion gold and silver sell-off.

The real-life inspiration for the protagonist of "The Big Short": Bitcoin crash may trigger a $1 billion gold and silver sell-off.

PANews reported on February 4th that, according to CoinDesk, Michael Burry, the real-life inspiration for the character in "The Big Short" (and an investor who
Share
PANews2026/02/04 08:22