Using Blockchain For Social Change: Ripple Launches Ripple For Good, Binance And Tron Support The UN
More and more crypto titans have been dedicating money and resources to use the blockchain tech as a potent force for social change.
First of all, Ripple just revealed its social impact program called Ripple for Good which is a new commitment to support projects that are related to fintech and education.
Secondly, it seems that Binance and Tron are working together in order to reveal a brand new initiative to support the United Nations.
Ripple for Good
Ripple for Good donations will be around $100 million. The company aims to drive innovation in STEM and fintech and support adoption of blockchain and crypto via the University Blockchain Research Initiative (UBRI) which is a collaboration with universities from all over the world.
This should result in accelerated academic research, enhanced tech developments, and blockchain-related innovations.
The nonprofit will be focusing on innovation in finance and business, computer science, law, and policy, among others. It will support real-world use cases with the high potential to scale and shape social change.
“Our goal is to deliver on the promise of an Internet of Value for all,” says Ken Weber, head of the social impact for Ripple.
It has worked on 70 projects from 55 countries so far to improve the lives of more than three million patients, six million students, and over 250 million people.
Binance and Tron support the UN
Binance, the world’s largest crypto exchange, 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.
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
BCF is supported by Tron, and it’s teaming up with the United Nations Development Programme (UNDP) to diminish the huge wealth disparity that persists worldwide.
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.”
— Justin Sun (@justinsuntron) September 25, 2018
Industry leaders will all collaborate with Binance and Tron to support the SDG achievement.
Larsen co-founded Ripple in 2012 and now fulfils the role of Executive Chairman. A long-standing advocate for financial privacy and education, Larsen and the Ripple Foundation gifted $25 million to San Francisco State University in April 2019.
Coinbase is a digital currency exchange headquartered in San Francisco, California.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.