Bitcoin
BTC$48 040.82

-1.15%

Ethereum
ETH$3 406.76

-3.36%

Cardano
ADA$2.37

-1.97%

Binance Coin
BNB$409.51

-2.13%

Tether
USDT$0.998941

-0.15%

XRP
XRP$1.074680

-1.02%

UNICEF to Provide Internet in Kyrgyzstan


02 Apr 2019   #Bitcoin

UNICEF to Provide Internet in Kyrgyzstan – Using Blockchain!

UNICEF has identified a unique use of blockchain technology. It plans to use this revolutionary tech to provide internet in schools in the Central Asian country of Kyrgyzstan. UNICEF is currently in talks that will allow the organization to use blockchain to provide internet to schools. It plans to implement this project in 1560 schools that had previously had little to no connection to the internet.

This initiative is called Project Connect. According to an official from UNICEF in Kyrgyzstan, providing internet is one of the strongest goals for UNICEF in the country. Munir Mammadzade said the main focus is currently spent on mapping, connectivity, and accounting. The accounting hurdles need particular attention according to Munir.

Blockchain's true power is in helping, not profit


Blockchain technology has been around for barely ten years, but it has already begun revolutionizing various industries. Banking and finance are the two sectors that everyone is familiar with. Bitcoin has been in the news both for its meteoric rise and its catastrophic fall. However, blockchain use has found its way into accounting, agriculture and even supply-chain management.

Established blue-chip companies are funding entire R&D laboratories for creating blockchain solutions to real-world problems. Companies as varied as IBM, Facebook and Microsoft have all jumped on the blockchain bandwagon. This is in stark contrast to the approach of personal computing from IBM and the rise of mobile phones and apps from Microsoft. Banks, which are usually very conservative entities, have jumped on the security that blockchain can offer. HSBC and JPMorgan are both heavy investors in the field.

Blockchain is also the first technology that is not constrained geographically. It is seeing a massive improvement in the United States, all over Asia and in Europe as well. Impressive breakthroughs are being made in South America and Africa giving this technology the title of the first, true global invention.

Trust in developing nations an issue


The overemphasis of capital and profit to date has overshadowed all of its potential in more philanthropic areas. Areas with low centralized authority and weak institutions can use blockchain to manage giant public networks, with trust in the system being taken care of by a computer algorithm.

This is why UNICEF looks to blockchain and Distributed Ledger Technology to help with its projects. The organization has invested over $200 000 in various start-ups that deal with blockchain in a way that UNICEF can use to improve the lives of millions of people.

Project Connect, if successful, can then use what was learned in Kyrgyzstan and move it into rural India. Many industry leaders believe that the true potential of blockchain is in using it to alleviate human misery. IBM has recently revealed that it was going to develop a blockchain platform for medical uses. Specifically, they want to help with the problem of poorly made, dangerous counterfeit drugs that are sold in Africa by unscrupulous companies.

IBM is betting on its experience with using blockchain for good to pay off in the long run. Governments are already in talks for the tech giant to provide cost-effective solutions for various departments. Among the countries already in talks with Big Blue are Canada, Argentina, and Australia.

One use that many see being default in the future will be using blockchain for national elections. This has global impact and many in the industry wish to see this become a reality.

Author: Ali Raza. Article was written for Crypto-Rating.com

Related

Bitcoin sees quite healthy consolidation on $200M BTC options expiry day
Bitcoin has now been above $10K for a whole year
Bitcoin bulls look to profit from Friday’s $195M BTC options expiry
Bitcoin steals $47K from bears as critical BTC price resistance crumbles
Tight crypto market range as compressed spring
Bitcoin price flirts with $40K, but derivatives data is still bullish
Here are the BTC price levels to watch as $38K emerges as bulls' line in the sand
Bitcoin does not make a great deal of sense
Without confirmation from BTC, altcoin’s growth could be a trap

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 88.4% 18 $48 040.82 -1.15% 4.49% $904 138 209 931 $27 168 138 382
2 Ethereum (ETH) ETH Ethereum predictions 76.4% 50 $3 406.76 -3.36% -0.59% $400 587 974 492 $14 083 515 721
3 Cardano (ADA) ADA Cardano predictions 68% 67 $2.37 -1.97% -9.16% $75 770 110 129 $1 761 903 242
4 Binance Coin (BNB) BNB Binance Coin predictions 64% 71 $409.51 -2.13% -1.24% $68 853 321 231 $1 118 665 295
5 Tether (USDT) USDT Tether predictions 92% 1 $0.998941 -0.15% -0.13% $68 220 155 150 $55 238 355 832
6 XRP (XRP) XRP XRP predictions 69.6% 61 $1.074680 -1.02% -2.67% $50 104 002 644 $2 001 954 604
7 Solana (SOL) SOL Solana predictions 60% 90 $159.62 -0.39% -11.29% $47 403 146 839 $4 342 326 777
8 Polkadot (DOT) DOT Polkadot predictions 64% 81 $33.87 -3.28% 5.40% $33 450 932 962 $1 531 270 854
9 Dogecoin (DOGE) DOGE Dogecoin predictions 63.2% 75 $0.238990 -2.72% -2.75% $31 391 728 418 $814 388 693
10 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $0.998865 -0.13% -0.15% $29 376 466 972 $1 886 680 146
11 Avalanche (AVAX) AVAX Avalanche predictions 68.4% 69 $72.57 1.86% 14.34% $15 986 861 751 $1 646 527 720
12 UniSwap (UNI) UNI UniSwap predictions 69.6% 64 $24.41 -2.34% 2.68% $14 931 117 171 $258 525 925
13 Terra (LUNA) LUNA Terra predictions 69.6% 64 $35.81 0.61% -13.26% $14 384 328 816 $821 923 843
14 Chainlink (LINK) LINK Chainlink predictions 74.4% 51 $28.31 -3.15% 0.91% $12 837 320 531 $907 387 794
15 Binance USD (BUSD) BUSD Binance USD predictions 95.2% 1 $0.998729 -0.16% -0.14% $12 797 266 194 $4 423 728 987

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.