UNICEF Innovation Fund will invest $100.000 in six companies aiming to solve global challenges for emerging economies. Companies are using blockchain solutions. By the words of Chris Fabian, Principal Adviser, UNICEF Innovation: “Blockchain technology is still at an early stage - and there is a great deal of experimentation, failure, and learning ahead of us as we see how, and where, we can use this technology to create a better world”. Companies that receive funds are from different world regions; two of them are from Mexico, and one from Argentina, India, Tunisia and Bangladesh. This grant is a part of the wider UNICEF effort to help developing smart-contracts, and creating distributed decision making processes.
The digital currencies story is a continuation of the long-running saga of economics, markets, and commodity exchange in human society. With the constant rise of the global network, we have witnessed many global services becoming widely accepted and in a way changing (by adding to) our experience of mutual interaction.