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UNICEF to invest Ethereum in startups in Argentina and Mexico

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The international organization for the protection of children's rights, UNICEF, announced that it will invest in seven startups from six countries, the amount being sent in the cryptocurrency Ethereum (ETH).

In Latin America, those selected were Argentina and Mexico, which will have a company from each country receiving a contribution of US$ 100,000. African countries such as Kenya and Rwanda; and in Asia, India, and Nepal were the others selected, which should obligatorily use blockchain technology in their innovations.

In the case of Argentina, it was noteworthy that UNICEF chose a financial education startup to receive the aid. In other words, the intention is to encourage the use of cryptocurrencies in the country, teaching children and young people to handle the new technology and escape the high regional inflation.

UNICEF invests US$100,000 in Ethereum in Argentine financial education startup.

submitted by /u/TechHodler
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