UNICEF, the United Nations Children's Fund (UNICEF), has launched an encryption fund to receive, preserve and distribute Bitcoin and Ather donations to support open source technology for children around the world.
UNICEF said in a statement on Wednesday that the Cryptocurrency Fund would initially receive contributions to a cryptocurrency and be donated in the same form as the cryptocurrency.
The three donors that will receive the initial donations are Prescrypto, Atix Labs and Utopixar, with a focus on "prescription tracking, matching investors and those in need of funding, community codes and participation.
Aya Miyaguchi, executive director of Ethereum, said in a keynote speech at the DevCon event that 100 ether, worth about $ 18,000 at its current price, has been sent to UNICEF through the new partnership.
This is an exciting new project for UNICEF, said UNICEF Executive Director Henrietta Fore. If economies and digital currencies have the potential to shape the lives of future generations, it is important to explore the opportunities they offer.
UNICEF's Cryptocurrency Fund is the latest group of United Nations agencies for children to adopt blockchain technology to achieve its broader goal. Earlier this year, he was in talks with the Kyrgyz government to use blockchain to provide Internet access in schools in the country through the so-called Project Connect project.
In December last year, UNICEF said it was investing $ 100,000 in six new blockchain companies to solve global challenges through blockchain, from providing transparent medical care to financial and resource management
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