Unicef ​​will deliver funds to blockchain startups

The organization will support the projects of six companies that will seek to solve global challenges through blockchain technology

The United Nations Children’s Fund, known as Unicef, announced that it will finance six startups related to blockchain technology.

The nonprofit organization will provide 100 thousand dollars to these companies to work on a project that will seek to “solve global challenges through blockchain technology”.

These startups were chosen after a contest involving 100 projects from 50 countries around the world. The objective is to offer solutions for transparency in the provision of health services, affordable access to mobile phone connectivity and the ability to direct finances and resources to projects with a social impact.

The winning companies of the financing were Atix Labs, Onesmart, Prescrypto, Statwig, Utopixar and W3 Engineers. They will have to deliver open source prototypes of blockchain applications within a period of 12 months.

Chris Fania, advisor in charge of innovations at Unicef, commented: “our financing, technical support and focus on vulnerable populations can help a technology grow and mature in the fairest and equitable way possible”.

K. Tovar

Source: Unicef

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