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Apply Now: $100,000 in Cryptocurrency for Blockchain Social Impact Solutions

By Wayan Vota on February 21, 2022

blockchain international development

The COVID-19 pandemic created economic hardships and has had compounding impacts on many aspects of children’s lives. Many children who couldn’t access digital services – from education, to health, to social protection and financial services – became increasingly excluded from the opportunity to thrive. Blockchain-based solutions can allow for:

  • Greater transparency and efficiency in systems
  • Improved accountability on service delivery and policies
  • Better coordination of data across multiple parties
  • Empower and actively engage young people
  • Improve equity in access to connectivity
  • Grow and improve funding flows

The emerging technology can help us to rethink how problems are solved. Blockchain solutions can address problems across a variety of areas including youth, climate change, learning, and humanitarian portfolios.

Cryptocurrency Fund for Blockchain Social Impact Solutions

The UNICEF Venture Fund is looking to make up to $100K equity-free cryptocurrency investments to provide early stage seed financing and mentoring to for-profit technology startups that have the potential to benefit humanity.

UNICEF’s Office of Innovation explores technologies, such as blockchain, with the potential to impact children and young people globally, providing them with information, opportunity and choice. They seek startups registered in one of UNICEF’s programme countries that have a working blockchain prototype showing promising results in:

  • Improving accountability and transparency of services and payments
  • New financing models and rewards
  • Empower young people to engage actively in these new systems

Startups can receive funding from the UNICEF CryptoFund in Bitcoin or ether for open source solutions using cryptocurrencies, smart contracts, and various types of tokens, as well as learning and training initiatives to build capacity.

Apply Now! Deadline is March 8, 2022

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Written by
Wayan Vota co-founded ICTworks. He also co-founded Technology Salon, MERL Tech, ICTforAg, ICT4Djobs, ICT4Drinks, JadedAid, Kurante, OLPC News and a few other things. Opinions expressed here are his own and do not reflect the position of his employer, any of its entities, or any ICTWorks sponsor.
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