Tag Archives: unicef

Unicef Blockchain Startup: new details

Today we talk about the new Unicef Blockchain Startup.

The United Nations Children’s Fund (UNICEF), in fact, decided to invest in a South African startup related to the blockchain.

In February UNICEF revealed that its decision to fund projects focused on the distributed ledger thanks a new innovation fund created in 2015.

At the time, UNICEF explained it was interested in investing in the areas of digital identity and remittances, but later UNICEF decided to hire a person on blockchain.

Right now, the association is starting to fund companies in areas that support its mission to promote child and family welfare.

UNICEF invested in several startups, including 9Needs, which uses the blockchain to develop identity features for children’s education.

9Needs will receive about $100,000 in investment, which will be used to scale the platform already developed by the startup.

Chris Fabian of UNICEF’s Office of Innovation Ventures explained that the organization decided to fund 9Needs as it promotes social progress.

“The sense of the company we got of the company, in talks with them, they seem like a really cohesive group of people using a sophisticated technology to solve a pressing set of problems.”

Read more about UNICEF Blockchain Startup Investment by clicking here.

 

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Amelia Tomasicchio