UNICEF to Invest $100,000 in Six Blockchain Startups
The United Nations International Children’s Emergency Fund (UNICEF) invests $100,000 in the six blockchain startups, that will help the organization to implement innovative technology.
At the beginning of this year, UNICEF announced a contest for the best blockchain startups. In total, more than 100 projects from 50 countries decided to submit applications. But UNICEF selected only 6 of them. According to the organization, this is only the first step in a broader implementation of the blockchain.
Among the winners are Onesmart, Statwig, Utopixar, Prescrypto, Atix Labs, and W3 Engineers. UNICEF plans to invest up to $100,000 in these startups. In a year, projects will have to deliver prototypes of blockchain applications.
On top, UNICEF will help startups to develop their products, as well as provide access to a network of experts and partners. In the future, the organization plans to help projects in the second round of raising investments.