“Mindful of the risks and focused on the potential, CARE has launched two first-of-their-kind pilots, partnering with leaders in the cryptocurrency movement to deliver crypto-based vouchers to women and groups in Africa and Latin America. The pilots will distribute crypto vouchers to survivors or women at risk of gender-based violence in Ecuador and Village Savings and Loans Associations coping with the economic impact of COVID-19 in Kenya.

CARE has teamed up with the Lab for Inclusive FinTech, LIFT (a soon-to-be-launched initiative of the Institute for Business and Social Impact at UC Berkeley), in the context of the Kenya-Binance pilot, which will inform the design of a rigorous experimental evaluation of blockchain technology as a viable and effective option to deliver aid in developing countries.”

Read more about our collaboration with CARE.

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