UNICEF expands use of blockchain to help deliver for children paid UNICEFUSA
Two Syrian refugees use a mobile phone at the Za'atari camp in Jordan. With the launch of its new Cryptofund, UNICEF aims to build institutional knowledge and prepare for a digitally financed future.Since 2015, UNICEF has been exploring ways to leverage blockchain technology to support its global humanitarian efforts and accelerate results for children.
And now UNICEF has stepped up its use of blockchain, becoming the first international organization to use crypto to receive and distribute donations through a “The new UNICEF Cryptocurrency Fund offers new opportunities for UNICEF to improve resource sharing and other internal processes that are critical to the success of its programs.”
The new Cryptofund, launched on Oct. 9, offers new opportunities for UNICEF to improve resource sharing and other internal processes that are critical to the success of its programs; to tap new funding streams and sources, and to develop new potentially more efficent ways to deliver support to children and families in need.
"This is a new and exciting venture for UNICEF," said UNICEF Executive Director Henrietta Fore."If digital economies and currencies have the potential to shape the lives of coming generations, it is important that we explore the opportunities they offer." by making transactions easier to track and publicly visible.
The first contributions to the UNICEF Cryptofund will be received from the Ethereum Foundation and will benefit
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