Funding platform Orica partners with NGO to use NFTs to build a school in Uganda
Proceeds from Orica’s NFT auction at Malta AI & Blockchain Summit hope to fund Ssese Islands education. The rising number of social impact projects using digital art to fundraise for charitable causes marks a powerful development in the nonfungible token (NFT) space. One such project leveraging technology for social good is Orica, an ethical funding platform supporting artists and social impact organizations, or SIOs, to create and sell NFTs.Orica launched Thursday at the Malta AI & Blockchain Summit, or AIBC Malta, and announced its collaboration with an NGO to drop NFTs on its platform....
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A UN organization focused on criminal justice issues has released details about a meeting on bitcoin and digital currencies this past summer in Uganda. Held in Kampala on 7th July, the meeting drew support from the United Nations African Institute for the Prevention of Crime and the Treatment of Offenders (UNAFRI); the Bank of Uganda; and the University of Birmingham Law School. Dr Maureen Mapp, a teaching fellow for the University of Birmingham Law School who spearheaded the event, told CoinDesk that the aim of the event was to establish a basis from which bitcoin regulation could be....
One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction the digitally represented items on Binance’s non-fungible token (NFT) marketplace. Uganda National Museum Artifacts to Be Made NFTs According to Murcom’s post on Medium, the “blockchain-based digital representations of the various items under the Museum’s custody”....
Indian Mountain School (IMS), an independent, coeducational boarding school in Lakeville, Conn., has announced it will accept bitcoin donations for the school's fundraising activities. The school becomes the first elementary/middle school in the U. S. to accept bitcoin. Joining the school in making the announcement were digital currency payment processor GoCoin LLC and digital currency platform Bitcoin Shop, Inc. (BTCS). The school views introducing digital currency as part of being an innovation and technology leader in education. The school will offer parents and other supporters the....
The United Nations African Institute for the Prevention of Crime and the Treatment of Offenders (UNAFRI) which focuses on criminal justice issues, recently released a report [PDF] providing direction on bitcoin regulation in Uganda. After the first ever Round Table discussions in Naguru, Kampala held on 7 July 2016, the UNAFRI highlighted the policy, legal, ethical and social-cultural issues around the regulation of digital currencies. The event was convened by Dr. Maureen Mapp of the University of Birmingham Law School with the support of the Central Bank of Uganda, UNAFRI, and the....
Per a report by NBS Television, Uganda is planning to build a futuristic city. The project has received the green light from the local government and is set to be completed by 2036. American singer of Senegalese origin, Akon, has been awarded one square mile of land to carry out the project. To be named […]