New cryptocurrency raises awareness on breast, cervical cancer in South Africa

New cryptocurrency raises awareness on breast, cervical cancer in South Africa
According to the 2014 National Cancer Registry (NCR), breast cancer is the most common among the South African women with a lifetime risk of one in 27. Image Credit: ANI
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During the first phase of this year, Safcoin, an exclusive African cryptocurrency, announced its process of outlining growth roadmap that included unveiling a third support centre and expanding in Africa. After its successful Initial Coin Offering (IPO) during the mid of 2018, it was able to make significant progress in its objective to enhance social and economic growth in the country.

Now, the Cancer Association of South Africa in joint collaboration with Safcoin has launched the first ever Crypto Pink Friday with an objective to raise cervical and breast cancer awareness. It (CANSA) encourages women to get screened for cervical and breast cancer. Safcoin Pink Friday will take place on August 30, 2019.

According to the 2014 National Cancer Registry (NCR), breast cancer is the most common among the South African women with a lifetime risk of one in 27. Whereas, the study shows cervical cancer is the leading cause of cancer deaths and the second most commonly diagnosed cancer (excluding basal cell carcinoma) among women. The estimated life-time risk among all women in South Africa is 1:42.

The researchers have further revealed through their surveys that women suffer delay in screening or seeking appropriate care due to stigma, shame and having limited knowledge of symptoms including misconceptions. Thus, the first ever Crypto Pink Friday campaign (added with cancer-reduction programmes) with severe support from the Cancer Association of South Africa (CANSA) will bring health awareness to the South African women.

On the other hand, the cryptocurrency lovers will enjoy all kind of trading fees at half price with a percentage being donated to CANSA on the day. The crypto aficionados can deposit funds and purchase Safcoin on their official website on August 30 Safcoin Pink Friday to get 50 percent discount. "Instead of distributing an airdrop deal for Safcoin we decided on a Pink Friday drive where we offer half price deals on the mining pool packages and donate a percentage of all the sales to CANSA," Michela Ferreira, co-founder and Chief Communications Officer said.

Safcoin intends to get hold of the tracks that cryptocurrency can positively affect Africa. "We are not here to overthrow the existing financial system, but rather tap into the numerous benefits of crypto for Africa by developing use case technology for every individual to benefit from the positives of cryptocurrency, all while maintaining the highest levels of business ethics and standards," Ferreira added.

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