Cryptocurrency

Bitcoin and Ethereum for UNICEF

The Adoption of Bitcoin and other crypto-currency is a sensitive issue. Without enough reach and steady growth, could remain in the well-known crypto-currency is always in a niche. This would have an impact on the Bitcoin exchange rate and also on other courses. Fortunately, however, it looks currently a bit after the lack of Adoption. Because as the next Organisation in the round, UNICEF is now. Yesterday, the children announced Agency of the United Nations (UN) that it has now launched a UNICEF Cryptocurrency Fund, to make donations in Bitcoin (BTC) and Ethereum (ETH) is possible.

Bitcoin and Ethereum for UNICEF crypto-currency Fund

Thus, the auxiliary organization moves with the times and recognize apparently also a great potential in Bitcoin, Ethereum and other Cryptocurrencies. UNICEF will use as the first organization of the United Nations, crypto-currencies, to Finance the Open-Source technology for the benefit of children and young people around the world.UNICEF now has in its custody the opportunity to receive the donations, and to be paid out. Under the structure of the UNICEF Cryptocurrency Fund, the contributions will be held in the respective crypto-currencies and in the same crypto currency to the various projects.The Executive Director of UNICEF, Henrietta Fore, said that “this is a new and exciting endeavor for UNICEF”.

If digital economies and currencies have the potential to go to make generations, it is important that we explore the possibilities they offer. Therefore, the establishment of our crypto currency Fund is a significant and welcome progress in the humanitarian and development work.

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Ethereum Foundation sent the first contribution to UNICEF

The first contributions to the UNICEF Cryptocurrency Fund will be donated to the Ethereum Foundation, and three fellows of the UNICEF innovation Fund. This is especially the GIGA Initiative for a coordinated project that aims to connect schools all over the world with the Internet. The Ethereum Foundation will make your first donation of the French national Committee for UNICEF. The UNICEF national committees of USA, Australia and new Zealand to accept Bitcoin and Ethereum also.The establishment of the UNICEF Cryptocurrency Fund is part of the ongoing work of UNICEF with the Blockchain technology. UNICEF, together with WFP, the UN innovation network. The network is responsible for the exploration of the potentials and risks of Blockchain and other new technologies.What do you think of the projects that UNICEF Bitcoin (BTC) and Ethereum (ETH) as a donation accepted? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News. (Image Source: Shutterstock)

About the author

Eve Manning

Eve Manning

A native Texan, Eve first started out as a Finance Analyst and later realized that her true passion was not in trading but in writing. She leverages her experience in the Finance industry to analyse and write in-depth news articles covering the Cryptocurrencies, Economy & Finance industries.