UNICEF France Starts Accepting Crypto Donations

UNICEF France Starts Accepting Crypto Donations
ICO News

The United Nations Children’s Fund (UNICEF) has recently made an announcement that its France wing will be accepting cryptocurrencies. This decision is one of the many announcements that the organization has made so far when it comes to cryptocurrencies.

UNICEF France has authorized 9 cryptocurrencies including Bitcoin Cash (BCH), and Bitcoin (BTC). This will allow more people to come on board to this humanitarian effort. Notably, the organization has also used cryptocurrencies in the past as a means to fund its projects across the world.

UNICEF has its headquarters in New York, the organization helps mothers and children across 190 countries with major focus over Africa and Asia.

In early 2018, UNICEF has also launched a program which allowed people to donate computing power as a means to raise fiat money using cryptocurrency mining.

Sebastien Lyon, Director, UNICEF France said 

“Cryptocurrency and blockchain technology used for charitable purposes offers a new opportunity to appeal to the generosity of the public and continue to develop our operations with children in the countries of intervention.”

An increasing number of charitable organizations are turning towards cryptocurrencies to accept donations. Organizations such as the Multidisciplinary Association of Psychedelic Studies, WikiLeaks, Electronic Frontier Foundation, Antiwar.com, Watsi, Code to Inspire, Water Project, Bitgive and Epic Change are all accepting cryptocurrency donations.

Notably, the website Change.org had released a screensaver a few months ago that allowed users to donate their computing power for mining cryptocurrencies.

Why Cryptocurrencies?

Providing financial aid to such programs has been made a lot easier thanks to blockchain technologies and cryptocurrencies. These currencies are not governed by any financial institution, users can easily support the cause from anywhere in the world. Since there is no middleman involved, the contributors do not have to pay any transaction fees. This allows the complete amount to reach UNICEF.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

VKontake Launches Cryptocurrency Of Its Own - VK Coin
ICO News
Russian Social Media Giant Launches Cryptocurrency – April Fool Prank?

VKontake (a.k.a VK), the Russian Facebook rival, launched its own cryptocurrency. There are numerous flashes and reports about …

ICO News
JPMorgan Hiring For More Blockchain Jobs Than The Rest

It has been a wider known truther that the largest bank in America seeks to rush towards a …

ICO
Emaar Group Plans to Start an ICO

The Emaar group, the real estate firm behind the world’s tallest building has planned to develop its own …

Recent Blogs










Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!