Save the Children Strengthens Crisis Response with Bitcoin Fund

The New Bitcoin Fund Accelerates Aid Processes

Save the Children has launched a Bitcoin Fund to make aid processes more effective during crises. This new initiative offers donors the opportunity to hold cryptocurrencies for four years, providing greater control over the timing of conversions.

As a different approach, this fund aims to accelerate aid deliveries and increase efficiency by leveraging blockchain technology. Additionally, it is envisioned as a pilot application to experiment with forms of direct aid.

This initiative has the potential to create significant change in the humanitarian aid sector. The growing interest in decentralized financial systems is regarded as an important step towards reducing costs and increasing transparency.