The United Nations International Children’s Emergency Fund (UNICEF) announced today that it’s innovation fund will invest about $100,000 in Atix labs, Prescryto, Statwig, Onesmart, W3 Engineers and Utopixar to develop an open source prototype over the next year.
According to UNICEF, the new investments will form part of its broader Blockchain strategy. The humanitarian agency declared that:
“With the help of smart-contracts for organizational efficiency, we will be creating a distributed system for decision-making processes, and looking for ways to build knowledge as well as understanding the distributed ledger technology in the United Nations and countries where UNICEF works.”
The Principal Adviser at UNICEF, Chris Fabian, said:
“Blockchain technology is still in the early stages, and there’s been a lot of experimentation, failure, and learning as we see how, and where, this technology can be used to make the world a better place.”
About the projects:
The six projects —Atix Labs from Argentina, Onesmart and Prescrypto from Mexico, Statwig from India, Utopixar from Tunisia, and W3 Engineers from Bangladesh were selected from more than around 100 applications.
They propose solutions for a variety of global issues, like expanding access to electronic prescriptions, making mobile phone connectivity more affordable, and improving access to funding for local social impact projects.
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