In January this year, UNICEF called for early-stage technology startups that were registered in one of UNICEF’s programme countries. There were more than 100 applications from 50 different countries. Meanwhile, the organisation has 20 other tech companies in its Innovation Fund already, ranging from data science startups to machine learning organisations.
The new investments, according to the press release submitted by UNICEF, form part of a wider blockchain strategy for the humanitarian agency. As the release noted:
“Using smart-contracts for organisational efficiencies, creating distributed decision-making processes, and working to build knowledge and understanding of distributed ledger technology both in the United Nations and in the countries where UNICEF works.”
The UNICEF Innovation Fund was announced today as a venture that will invest up to $100,000 USD in Atix Labs, Onesmart, Prescrypto, Statwig, Utopixar and W3 Engineers as the six listed blockchain startups so far. The startups must now deliver the open-source prototypes of their blockchain applications within the next 12 months.
UNICEF’s Innovation Fund will also provide product and growth assistance as well as access to its network that includes experts in many fields as well as investment partners. If the tech is successfully developed, there will be further opportunities to apply them in the 190 countries covered by the organisation.
Bollywood Actors Involved In ‘’Cashcoin’’ $14 Million Crypto Scam
“I will be in Surat on January 5, 2017, for promoting Cashcoin. As we all know that the future belongs to the cashless trend, we also know how much important role cryptocurrencies would play. So, we’ll meet at the event to know more about Cashcoin.”The police believe Khan received a lot of money for promoting the scam. If the police prove they are right, Khan could face compensation for the investors’ losses and could potentially go to prison for charges of fraud, criminal conspiracy and breach of trust. Shahbaz Khan’s involvement in crypto scams is not the first in the Bollywood world. Before him, there were actors such as Shilpa Shetty and Zarine Khan who promoted other scam crypto projects. In cases such as this one, the police commissioner said:
“These people have been brand ambassadors for this company, endorsing their products and going for their meetings. We came to know they have received huge remuneration and traveled abroad with the company representatives. This is a serious offense.’’Other Bollywood actors who got involved in a crypto scam include Vivek Oberoi who is set to play the key role in Prime Minister Narendra Modi’s biopic, also was involved into taking bribes for promoting political parties in India by accepting cryptocurrency as payments.
Not So Popular: Justin Sun Apparently Has Fake Twitter Followers
“Those followers are as authentic as Jussie Smollet’s beatdown story.”Another commenter believed that getting the police and the Federal Bureau of Investigation involved is the right thing to do in order to bring truth to the crypto community. Justin Sun is believed to be a master at marketing and this is one of the reasons the crypto community can be happy about since his strategies seem to work on investors, dapp users and crypto exchange owners. It’s not a foul play but it sure is very close to the line that you should not cross.
Singapore-Based Blockchain Accelerator Partners With BMW & Intel
Binance Announces Major Changes To Launchpad Token Sale Format
“Other market participants may view this as an opportunity, and countertrade to even out the fluctuations.”The Binance Launchpad is the company’s token launch platform, as the name says, and in most recent times it has concluded a $4 million sale of the Celer Network (CELR) token seven days ago. The platform also conducted the Fetch.AI (FET) token sale and was able to raise about $6 million in just 20 seconds back in February. As previously reported, multiple changes were done to the Binance Application Programming Interface that shows how the company is working hard on implementing margin trading. A week ago, LBank and Bit-Z both of which are exchanges, overtook Binance on the adjusted trade volume according to the rankings on CoinMarketCap but the newly found reports show that most of their volume is fake.
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- The Russian Parliament Pushed Back On Its Crypto Regulation Bill Reading
- After The First Successful Bitcoin Donation, Hamas Demands More
- Bollywood Actors Involved In ‘’Cashcoin’’ $14 Million Crypto Scam
- Not So Popular: Justin Sun Apparently Has Fake Twitter Followers
- New Reports Show Bitcoin Mining Is 23 Times Less Expensive Than Gold Mining
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