Recently, UNICEF announced it is working on a prototype to allow it to accept Bitcoin (BTC) and Ethereum (ETH) donations. Notably, these donations will be kept as cryptocurrencies and not converted.
The UNICEF is rolling out a pilot program to accept cryptocurrency donations—and won’t be converting the raised funds to cash.
UNICEF Goes Long on Cryptocurrencies
Cryptocurrency adoption took a major step forward with news that UNICEF will soon be accepting Bitcoin (BTC) and Ethereum (ETH) donations. As previously reported by BeInCrypto, Christina Lomazzo and her blockchain team at the United Nations Children’s Fund (UNICEF) will be allowing individuals to donate cryptocurrencies.

International Organizations Look to Blockchain Technology
The United Nations and its many branches have proven themselves open to cryptocurrencies. There is currently a ‘paradigm shift’ occurring at the highest levels of international power which may indicate that a wave of adoption is coming. The pro-cryptocurrency position goes far beyond UNICEF. Last year, Antonio Guterres, the UN secretary-general, spoke on the possibility of using blockchain technology in solving world issues. The plan’s focus is to provide ultra-accessible financial services and digital networks by 2030. UNICEF has taken the bold move of accepting cryptocurrencies and not converting them to liquid cash. Instead, they’re betting long-term on the idea. Let’s hope that other international organizations follow. Do you think that other UN organizations have much to gain from adopting cryptocurrencies? Let us know your thoughts in the comments below.Images are courtesy of Shutterstock.
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