UNICEF Funds 6 Blockchain Startups to 'Solve Global Challenges' - CoinDesk
10 Dec 2018 3:15 PM GMT
UNICEF is investing $100,000 in six blockchain startups to solve issues affecting developing economies.
- The United Nations’ charity arm for children, UNICEF, is funding research into blockchain tech.
- These are UNICEF’s latest investments in blockchain startups through its innovation fund, which first hinted at the move as far back as February 2016 , and put out a call for firms in the space explicitly at the beginning of this year.
- On top of the funding, UNICEF will provide assistance with the products and technology, as well as share access to its network of partners and experts.
- UNICEF has been looking into blockchain for years, investing in an identity-focused startup two years ago and trialing smart contracts for transactions.
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