Crypto Fund Launched by UNICEF
Crypto Fund Launched by UNICEF

By HowToVids | Crypto Blockchain News | 12 Oct 2019


Crypto Industry faced difficulties in its initial period. When it was hard enough to build trust for people. Because it's not easy to built trust for a new system. But now the situation is not the same as it was earlier the crypto industry is moving in a better way. Now people are trusting on currencies and payments systems.

After the customer's satisfaction it was also necessary to satisfy government laws and built trust for big organizations to use it as payment method. Its a big news that Unicef an organization under UN created a crypto fund to welfare people.

Chris Fabian Said about the Fund that: "The new @UNICEF [crypto] fund will hold donations & disburse them in the same #cryptocurrency [#BTC + #ETH]- initiatives funded through it will sign contracts denominated in the same virtual coinage."

According to Unicef Official Blog Executive Director of the Ethereum Foundation said that: “The Ethereum Foundation is excited to demonstrate the power of what Ethereum and blockchain technology can do for communities around the world. Together with UNICEF, we're taking action with the Cryptofund to improve access to basic needs, rights, and resources,” More Said that: “We aim to support the research and development of the Ethereum platform, and to grow the community of those that benefit from a technology that will better countless lives and industries in the years to come. We'd like to thank UNICEF and the UNICEF family of national committees for their leadership as we create real progress together.” 


HowToVids
HowToVids

My steemit Account https://steemit.com/@howtovids


Crypto Blockchain News
Crypto Blockchain News

News about Crypto, Bitcoin, Blockchain and others. Get Crypto Updates from here

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.