Tunisian startup obtains UNICEF funding for blockchain project

Tunisian startup Utopixar is one of six companies selected to receive investment from UNICEF to solve global challenges using blockchain technology.

Update: 2018-12-26 02:30 GMT
  • Tunisian startup Utopixar is one of six companies from developing economies selected to receive investment from UNICEF’s Innovation Fund to solve global challenges using blockchain technology.
  • One of them is Tunisian development studio Utopixar, which will use the funding to over the next 12 months deliver a social collaboration tool for communities and organisations to facilitate in participative decision-making and value transfer.
  • These investments are part of UNICEF’s larger blockchain explorations of using smart contracts for organisational efficiencies, creating distributed decision-making processes, and working to build knowledge and understanding of distributed ledger technology both in the United Nations and in the countries where UNICEF works.
  • In addition to funding the startups, the fund will also provide product and technology assistance, support with business growth, and access to a network of experts and partners.

Similar News