Forbes October 9, 2019
With the launch of the new UNICEF Cryptocurrency Fund, UNICEF seeks innovative ways to harness the advantages of blockchain for humanitarian work.
Since 2015, UNICEF has been exploring ways to leverage blockchain technology to support its global humanitarian efforts and accelerate results for children. Blockchain supports new systems of exchange that allow users to send value in the form of cryptocurrency — “crypto” for short — directly from one party to another, without the need for intermediaries. These exchanges are often referred to as smart contracts.
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 new UNICEF Cryptocurrency Fund.
“The new UNICEF Cryptocurrency...
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