Return to site

UNICEF Innovation Fund to Invest in Blockchain-Related Projects

The UNICEF Innovation Fund was launched specifically to finance early stage and open-source technology that can benefit children. The fund identifies solutions in tech areas like blockchain, machine learning, quantum computing, artificial intelligence (AI), and others.

Today’s announcement reads that the Fund will invest up to $100,000 in Argentinian software development firm Atix Labs, Mexican tech companies Onesmart and Prescrypto, Indian startup Statwig, Tunisian apps development startup Utopixar, and web apps development firm W3 Engineers from Bangladesh.

Per the announcement, the investments are part of UNICEF’s larger blockchain initiative for using smart contracts for organizational efficiency, and efforts to learn about and understand distributed ledger technology (DLT).

“Blockchain technology is still at an early stage — and there is a great deal of experimentation, failure, and learning ahead of us as we see how, and where, we can use this technology to create a better world,” said Chris Fabian, Principal Adviser at UNICEF Innovation.

All Posts
×

Almost done…

We just sent you an email. Please click the link in the email to confirm your subscription!

OKSubscriptions powered by Strikingly