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UNICEF fund, blockchain

UNICEF Innovation Fund to Invest in Blockchain-Related Projects

The UNICEF Innovation Fund is investing $100,000 in six companies for developing blockchain projects, according to an announcement published Dec. 10.

The UNICEF Innovation Fund was launched specifically to finance early stage and open-source technology that can benefit children. The fund identifies solutions in tech areas like blockchain, machine learning, quantum computing, artificial intelligence (AI), and others.

Today’s announcement reads that the Fund will invest up to $100,000 in Argentinian software development firm Atix Labs, Mexican tech companies Onesmart and Prescrypto, Indian startup Statwig, Tunisian apps development startup Utopixar, and web apps development firm W3 Engineers from Bangladesh.

The companies will separately build prototypes and systems that aim to address global problems like transparency in healthcare delivery, affordable access to mobile communications, as well as the ability to allocate finances and resources in social initiatives.

The newly announced companies will reportedly join 20 other tech startups, which are already under management by the Fund in fields like data science, drones, and virtual reality.

Read more: https://cointelegraph.com/news/unicef-innovation-fund-to-invest-in-blockchain-related-projects

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