Horizon State (HST) Launches Coinpocket Charity App, Wins World Economy Forum Award

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Horizon State – the HST token-based blockchain platform that allows for efficient vote-casting and decision-making processes – has incurred quite an eventful 24-hour period indeed, releasing not only a first-of-its-kind charity app, but also earning valuable recognition at a globally renowned summit.

Coinpocket for Charities

Thursday saw Horizon State introduce Coinpocket, an application that allows the public to determine the proportional allocation of Horizon State’s HST-denominated funds kept aside for charitable donations (i.e., 5 percent of all revenue).

For Coinpocket’s inaugural donation round, there are three featured charities: Red Cross Australia, Care for Africa Australia, and Street Smart Australia. The first two are concerned with refugees and asylum seekers in crisis, whilst the latter specializes in medical care for the homeless. Per Horizon State’s announcement, “roughly every six weeks” a new donation round – featuring a different group of charities – will commence.

For those wanting more information beyond Thursday’s press release, Nimo Naamani (CTO, Horizon State) will be appearing on The Trader Cobb Crypto Podcast to elaborate on the innovative Coinpocket charity application.

Recognition on the World Stage

Just hours before the Coinpocket launch, the World Economic Forum (WEF) officially declared Horizon State the winner of the ‘Technology Pioneer 2018 Award’. The ceremony took place as part of the WEF-hosted ‘Annual Meeting of the New Champions’ held in the Chinese city of Tianjin.

In June, Horizon State revealed that it had been named a WEF Technology Pioneer for 2018, making yesterday’s presentation a formality more than anything. Additional perks will ensue, however, with the prestigious title granting Horizon State – which is preparing for the initial release of its platform in October – access to next January’s Annual Meeting in Davos, as well as the ability to contribute to WEF initiatives well into the year 2020.

As part of the three-day summit at Tianjin, Oren Alazraki (Co-Founder & CEO, Horizon State) featured in a panel discussion (shared below) centred around government experimentation with policy prototyping and how to strengthen collaboration between the public sector and its citizens.

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