nsKnox and CBS Tech Team Up to Protect International Donations
nsKnox and CBS Tech Team Up to Protect International Donations
In the wake of the tragic 7.10 terror attack, Israeli startups nsKnox and CBS Tech joined forces to ensure global donor contributions reach their intended beneficiaries.
After the unprecedented terror assault on Israel, concerns about the safety and destination of donations have intensified, especially among major institutional contributors. Recognizing the urgency of these concerns, Israeli startups nsKnox and CBS Tech united to offer a transparent and secure solution - Free of charge.
They co-developed a specialized website>> , which allows donors to confidently verify the legitimacy of recipient charities, ensuring their donations are used appropriately.
Already, the platform has overseen the safe transfer of tens of millions of dollars from international institutional donors.
Ofer Brown, GM Israel & APAC of nsKnox, emphasized the importance of their initiative: "Given the current risks of donations being misdirected, our main objective is to protect every dollar donated."
David Kariv, CEO of CBS Tech, which provided the blockchain technology, added: "Our goal is to leverage technology for the greater good, ensuring a transparent and secure donation process with our partners."
