UNICEF Implements More Confidence in Blockchain, Adds DAI Stablecoin to List of Payment Tokens
Cryptocurrency has taken the world by storm. Despite early warnings from the governments that the currency is not stable and hence can erode the wealth of people, this position seems to have changed. Currently, even reputable international organisations have come to embrace this new technology.
In France, UNICEF has been at the forefront in promoting the use of blockchain technology to assist the organization in raising funds for the various projects. It is worth noting that the international humanitarian body started accepting donations using blockchain technology in the year 2018. As such, it has accepted at least ten blockchain platforms to assist it in the collection of funds meant for this noble mission. DAI becomes one of the latest platforms to be admitted to the system of UNICEF.
Most of the funds raised through the blockchain technology will be channelled towards conducting research and enhancing infrastructure. The organization hopes that such programs will play a significant role in alleviating the lives of the less privileged members of society.
UNICEF has also directly invested in these digital currency technologies with the aim of assisting people who are faced with the most significant humanitarian problems in the world. Thus, inviting other providers of cryptocurrencies on board will serve to strengthen the use of this technology which is becoming popular among the masses.
Training The Youth
UNICEF has seen a lot of future in blockchain technologies. Having worked with people for a long time, the organization has realised the high potential that lies in the use of the technology. Perhaps this is what has made it conduct a lot of training among the youthful populations across the various parts of the world. Mexico has been a significant beneficiary of these training programs where it has been used to solve the problems facing the nation.
Investing In Upcoming Firms
Last year was perhaps one of the most defining moments for UNICEF. The organization pumped more than one hundred thousand dollars to the various start-ups which are dealing with this technology across the globe. With the capital injection, the young enterprises can quickly expand their research and bring more people on board in a bid to address the various issues facing the masses.
The need for collaborations
This is the collaboration which is needed between reputable international bodies and the blockchain technology world. It serves to increase confidence among the masses and open more doors for donors and well-wishers to donate more money for a worthy course. These technologies tend to be very safe, secure, and transparent. The donors are assured that their money will be used well.