South Korea is a crypto powerhouse, yet donating digital assets there is a nightmare. To donate some BTC, you currently have to call a hotline, fill out manual forms, then wait for a compliance check…
The process is so broken that most people just sell for cash to avoid the headache. Last year, top-tier charities like the Red Cross received only 1 $BTC in total !
Charities are now pushing for a “one-click” system to bridge this gap. Wallet-as-a-Service is the most likely bridge because:
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Instead of manual wallet management, WaaS allows charities to integrate secure, white-label wallets directly into their existing donation portals;
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It eliminates the 456-step bureaucratic process by handling the technical side (address generation, transaction tracking etc) via API;
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For the 10M Korean investors, donating becomes a native in-app experience rather than a week-long administrative task.
The problem isn’t a lack of generosity – it’s a lack of infrastructure. Moving from paper and phone calls to integrated WaaS solutions could finally unlock the philanthropic potential of the retail market.
Would you donate more if it was integrated into your favorite app? 📱