UNICEF calls for child safeguards amid mainstream crypto adoption
UNICEF’s latest report on mainstream adoption of cryptocurrencies highlights the possibility of greater financial inclusion along with the need for new child safeguards. The United Nations Children's Fund has called for incorporating child safeguards into online child protection initiatives, citing financial and exploitative threats posed by unregulated crypto markets.UNICEF’s “Prospects for children in 2022” report, which examines the impact of global trends on children, anticipates further mainstream adoption of cryptocurrencies — “demonstrating both the promise of greater financial....
Related News
The United Nations Children’s Fund (UNICEF) has invested in a South African blockchain startup as part of a broader technology innovation push. UNICEF indicated in February that it was looking to fund projects focused on the tech through an innovation fund launched last year. At the time, UNICEF said it was looking at the areas of digital identity and remittances as possible areas of investment, and UNICEF later moved to hire a point person on blockchain. Now, the organization is starting to cut checks to companies working in areas that enhance its mission to promote child and family....
The United Nations Children's Fund (UNICEF) is seeking a software developer and consultant who can help it lead its blockchain efforts. A terms of reference sheet published last week outlines in detail how the international aid organization is seeking to leverage the technology in accordance with its goals to improve child welfare around the world. Specifically, the prospective developer and consultant would aid in "research, consulting and prototyping applications for humanitarian purposes". UNICEF goes on to highlight existing projects focused on identity and remittances – two....
Blockchain technology could provide a solution to issues facing the world’s impoverished children, according to Christopher Fabian, one of the co-founders of the United Nations Children’s Fund (UNICEF) innovation effort. In a new interview with CoinDesk, Fabian said that UNICEF has spent months discussing blockchain tech internally and how it can be used to address payments and identity problems in conflict areas. Potential applications aside, Fabian said that he does not believe the technology is mature enough today to address problems UNICEF aims to solve. Yet, that hasn’t stopped the....
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a donation of $2.5 million in cryptocurrency for the United Nations Children’s Fund (Unicef). The money will be used to finance the organization’s efforts in Ukraine amid escalating hostilities with Russia that threaten....
With more than 68,000 URLs identified as containing child sexual abuse images, and Unicef Malaysia estimating two million children across the globe are affected by sexual exploitation every year, blockchain intelligence firm Elliptic and non-profit the Internet Watch Foundation have partnered to clamp down on Bitcoin’s role in procuring child sex abuse images. The IWF has provided its database of Bitcoin addresses associated with child sexual abuse content to Elliptic which will integrate the data set into its transaction monitoring and investigation products so as to automatically alert....