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UNICEF invests $400,000 in blockchain, Web3 and AI in developing countries
The UNICEF selected blockchain-based firms Rumsan from Nepal, Xcapit from Argentina, and AI-focused Tilli from Sri Lanka, bringing a total of 15 startups to the venture fund.
The UNICEF selected blockchain-based firms Rumsan from Nepal, Xcapit from Argentina, and AI-focused Tilli from Sri Lanka, bringing a total of 15 startups to the venture fund.
Under the $2.1 million partnership, UNICEF and BFI will work on two projects—to build capacity for solving public health challenges and to boost state and ground partner capacity.
Mehran Hydary, product manager at UNICEF, talked to CoinGeek’s Natalie Mason about how technology is being used to advance its initiatives.
Schools in Kyrgyzstan will soon gain access to the internet all thanks to blockchain technology, thanks to UNICEF and the the government of Kyrgyzstan.
UNICEF has pledged up to $100 million to six companies involved with blockchain technology, for providing services in developing countries.
In a funny twist, the mechanism commonly used as a mining malware is now being used for a good cause: UNICEF now allows you to donate some of your computing power instead of cash.
The program Gamer Chaingers takes advantage of cryptocurrency mining to deliver funds to the group, foregoing the need to ask the public for donations.