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UNICEF Accepting Donations in Cryptocurrencies Ether and Bitcoin

If digital economies and currencies have the potential to shape the lives of coming generations, it is important that we explore the opportunities they offer.

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UNICEF, Donations, Cryptocurrencies
This is a new and exciting venture for UNICEF. Pixabay

The UN Children’s Fund (UNICEF) has now started accepting donations in cryptocurrencies ether and bitcoin through its newly-established UNICEF Cryptocurrency Fund.

The first contributions to the UNICEF Cryptocurrency Fund will be received from the Ethereum Foundation and will benefit three grantees of its Innovation Fund and a project coordinated by the GIGA initiative to connect schools across the world to the Internet.

“This is a new and exciting venture for UNICEF. If digital economies and currencies have the potential to shape the lives of coming generations, it is important that we explore the opportunities they offer. That’s why the creation of our Cryptocurrency Fund is a significant and welcome step forward in humanitarian and development work,” Henrietta Fore, Executive Director, UNICEF, said in a statement.

When the charitable organisation receives a cryptocurrency donation, it will not cash it out for a national currency.

UNICEF, Donations, Cryptocurrencies
The first contributions to the UNICEF Cryptocurrency Fund will be received from the Ethereum Foundation and will benefit three grantees of its Innovation Fund and a project coordinated by the GIGA initiative to connect schools across the world to the Internet. Pixabay

Instead, it will hold onto the bitcoin or ether and send the funds to a charitable cause in that same tender.

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The launch of the UNICEF Cryptocurrency Fund is part of the organisation’s ongoing work with Blockchain technology. (IANS)

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1 in 3 Children Under the Age of 5 Undernourished or Overweight

In addition, 340 million children suffer deficiencies of essential vitamins and minerals and 40 million under five were overweight or obese, a problem that has exploded in recent years

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Indians, Fatter, Undernourished
More Indians are getting fatter but fewer are undernourished as the nation goes from lessening the impact of hunger to developing the new health issue of obesity. (Representational image). Pixabay

At least one in every three children under five years of age is undernourished or overweight, according to a new Unicef report that sounds the alarm on the consequences of poor diets around the world.

In the report published on Monday, the Unicef warned that millions of children were eating too little of the food they need and too much of what they don’t need, adding “poor diets are now the main risk factor for the global burden of disease”, reports Efe news.

The result, according to Unicef, is that many of them are at risk of poor brain development, learning problems, poor immunity and increased infections and disease.

“Millions of children subsist on an unhealthy diet because they simply do not have a better choice,” said Unicef Executive Director Henrietta Fore.

malnutrition
Experts demand actions against poor diets to eradicate any ways of malnutrition by 2030, a global goal set by the Agenda for Sustainable Development. Pixabay

The report described the triple burden of malnutrition: undernutrition, hidden hunger and overweight.

In 2018, according to Unicef data, 149 million children under five years of age worldwide were stunted, and just under 50 million were wasted.

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Contrary to common belief, most wasted children were concentrated in Asia rather than in countries facing emergencies.

In addition, 340 million children suffer deficiencies of essential vitamins and minerals and 40 million under five were overweight or obese, a problem that has exploded in recent years. (IANS)