Binance CEO Changpeng Zhao (CZ) announced plans to donate $1.7 million in Binance Coin (BNB) to support humanitarian efforts in Myanmar and Thailand. His proposal focuses on leveraging blockchain technology for transparency, proposing a decentralized donation system with digital identities (DID). CZ’s philanthropic initiative comes after years of involvement in global aid projects through Binance Charity. This time, he aims to directly address the economic struggles and natural disasters affecting these countries. CZ’s request underscores the growing need for transparent blockchain-based donations to ensure funds reach intended recipients without intermediaries, potentially revolutionizing charitable giving.