Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Ripple Launches ‘Ripple for Good’, Binance Spurs Initiative With Tron and the UN

by Daily Hodl Staff
September 27, 2018
in Blockchain

Cryptocurrency titans are dedicating money and resources to use blockchain technologies as a force for massive social change. Ripple just announced its social impact program, Ripple for Good, a new commitment to support projects related to education and fintech, while Binance and Tron unveil a new initiative to support the United Nations.

Ripple for Good donations will top $100 million as the company aims to drive innovation in STEM and fintech, and spur adoption of blockchain and cryptocurrencies through the University Blockchain Research Initiative (UBRI), a collaboration with top universities around the globe to accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments.

The nonprofit will focus on innovation in business and finance, computer science, law and policy and other relevant fields, supporting impactful applications and real-world use cases with the potential to scale and shape social change.

Ripple is allocating $25 million in donations in addition to more than $80 million in recent donations.

“If we are truly committed to transformative global change, we will work to help ensure that innovations in banking and global payments are available everywhere to everyone, among unbanked and underbanked populations and in economies and economic sectors that serve the greater good. Our goal is to deliver on the promise of an Internet of Value for all,” says Ken Weber, head of social impact for Ripple.

Ripple for Good will collaborate with RippleWorks, a nonprofit co-founded by Chris Larsen and Doug Galen. Galen says, “RippleWorks has worked on 70 projects in 55 countries to improve the lives of over three million patients, six million students and 250 million people.”

Ripple’s outreach is part of a larger trend in the cryptocurrency community to develop blockchain solutions to improve the lives of everyday people by disrupting the concentration of wealth.

Coinbase CEO Brian Armstrong launched GiveCrypto in July. The nonprofit distributes cryptocurrency to spur social movement and fight poverty.

Binance, the world’s largest cryptocurrency exchange, has also announced the launch of Blockchain Charity Foundation (BCF), a not-for-profit organization that aims to achieve the UN 2030 Agenda and Sustainable Development Goals (SDGs) through the use of blockchain technology.

BCF is supported by Tron and is partnering with the United Nations Development Programme (UNDP) to diminish the huge wealth disparity that persists worldwide.

A wonderful moment at #UNGA in NYC, @BinanceBCF & @UNDP established a new partnership on how to utilizing #blockchain technology to achieve #SDGs , witnessed by @presidentMT & @WPLGlobalForum . Also welcome @mercycorps_uk & FCSSC joint BCF's Senior Advisory Board. pic.twitter.com/WrMf4Pq5mH

— Binance Charity Foundation (@BinanceBCF) September 24, 2018

Head of BCF Helen Hai says, “Working with UNDP, our aim is to eradicate poverty and empower and bring prosperity to millions who are marginalized and living in poverty.”

Industry leaders will collaborate with Binance and Tron to contribute to SDG achievement.

Huge congrats to @cz_binance. #TRON is glad to support @BinanceBCF and be part of this great partnership! #TRX $TRX https://t.co/unUfkaNVRN

— Justin Sun (@justinsuntron) September 25, 2018

Says Haoliang Xu, Assistant Secretary General of the United Nations and Director of the Regional Bureau for Asia and Pacific at the UNDP,

“We believe that blockchain is a technology that can have a huge impact in the developing world in numerous ways. We are excited to see the strong commitment from BCF to work with UNDP to explore how blockchain technology can help develop solutions to some of the most difficult development challenges in Asia and the Pacific.”

BCF also unveiled a decentralized charity platform that can track each donation from donor to end beneficiaries.

[the_ad id="42537"] [the_ad id="42536"]

 
Check Latest News Headlines


 
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Swappi (PPI) Announces First Exchange Listing on BitMart
    July 1, 2022
  • Yield App Joins Forces With Unstoppable Domains To Simplify Web 3.0 Journey
    July 1, 2022
  • ARK Has Introduced a New Blockchain Consensus Technology
    June 30, 2022
  • Cantina Royale Taps Elrond Apes To Boost Its In-Game Cross Chain NFT Collections
    June 28, 2022
  • Saddle Finance Announces End of Lock-Up Period for Its SDL Token
    June 24, 2022
  • NFTs Accessible to All With Launch of Fiat-Focused SIMBA Market
    June 23, 2022
  • Korea Blockchain Week To Hold First Live Event in Seoul After Covid Hiatus
    June 23, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$19,480.96
$19,480.96
1.69%
Ethereum
$1,089.09
$1,089.09
2%
Cardano
$0.448841
$0.448841
2.31%
XRP
$0.316399
$0.316399
2.18%
Dogecoin
$0.066399
$0.066399
2.86%

Spotlight

  • Analyst Says One Ethereum-Based Altcoin Is Setting Up for Possible 100X Rally As Crypto Markets Consolidate
    June 28, 2022
  • Coinbase Announces Support for Little-Known Ethereum Scaling Altcoin and Mid-Cap Stablecoin Project
    June 30, 2022
  • Institutions Turn Cautious on Bitcoin As Short BTC Products See Record Inflows: CoinShares
    July 4, 2022
  • Is Bitcoin Ready To Bottom Out? Veteran Analyst John Bollinger Weighs In on State of BTC
    June 29, 2022
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl