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Blockchain for a Better World

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Great criptocurrency companies are trying to innovate and support projects related to education and fintech, like Ripple, while Binance and Tron go supportive into the United Nations. All of this for massive social change using blockchain tech.

Ripple for Good is a Ripple’s iniciative, aiming to drive innovation in STEM and fintech, using a collaboration through the University Blockchain Research Initiative (UBRI), that works with top universities around the globe to increase faster academic research, technical development and innovation in blockchain, criptocurrency and digital payments.

The nonprofit will focus on innovation in business and finance, computer science, law and policy and other relevant fields, supporting impactful applications and real-world use cases with the potential to scale and shape social change.

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“If we are truly committed to transformative global change, we will work to help ensure that innovations in banking and global payments are available everywhere to everyone, among unbanked and underbanked populations and in economies and economic sectors that serve the greater good. Our goal is to deliver on the promise of an Internet of Value for all,” says Ken Weber, head of social impact for Ripple.

Ripple for Good will collaborate with RippleWorks, a nonprofit co-founded by Chris Larsen and Doug Galen. Galen says, “RippleWorks has worked on 70 projects in 55 countries to improve the lives of over three million patients, six million students and 250 million people. We bring experts (who some are volunteer from Facebook, Airbnb or Google) who are motivated to help because they want to contribute their skills to a company doing good in the world.” Rippleworks operates through East Africa, India, Southeast Asia, Latin America and the US.

Cryptocurrency community seems to like solutions like disrupting the concentration of wealth by using blockchain’s improvement, such as GiveCrypto (CEO Brian Armstrong), a nonprofit that distributes cryptocurrency to stimulate social movement and fight poverty.

Binance, the world’s largest cryptocurrency exchange, has also announced the launch of Blockchain Charity Foundation (BCF), a not-for-profit organization that aims to achieve the UN 2030 Agenda and Sustainable Development Goals (SDGs) through the use of blockchain technology.

BCF is supported by Tron and is partnering with the United Nations Development Programme (UNDP).

“We believe that blockchain is a technology that can have a huge impact in the developing world in numerous ways. We are excited to see the strong commitment from BCF to work with UNDP to explore how blockchain technology can help develop solutions to some of the most difficult development challenges in Asia and the Pacific,” Says Haoliang Xu, Assistant Secretary General of the United Nations and Director of the Regional Bureau for Asia and Pacific at the UNDP.

As we can see, the world is changing as time passes, meaning of new and different solutions for equality, using computer technology and blockchain’s features.

1 Comment
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