The Cardano Foundation and Save the Children – one of the largest international non-profit organisations (NPO) for children – are actively exploring ways to use Cardano and the ADA digital currency for the benefit of their humanitarian initiatives in East Africa.
Announced at today’s IOHK Africa Show, Save the Children will install a payment gateway to accept ADA donations directly, without intermediaries.
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The Cardano Foundation, the non-profit arm of one of the world’s largest blockchain ecosystems, will work with Save the Children’s team in Rwanda to identify areas where blockchain technology could advance its missions, especially those associated with its Kumwe Hub.
The Kumwe Hub, which means ‘Together’ in Kinyarwanda, is an African-based Impact Innovation Hub that allows Save the Children’s country offices to better engage with the technology and business sectors; amplifying impact for children and families in education, health, and protection.
“We are very pleased to welcome Save the Children into the Cardano ecosystem,” said Eva Oberholzer, Chief Growth Officer at the Cardano Foundation.A tool for social good
“This milestone is significant for two reasons – for one, it proves the utility of our digital currency, ADA, and cements its position as a tool for social good.
“Secondly, it proves how easy it is to accept ADA through the deployment of payment gateways. We look forward to welcoming more charitable organisations into our ecosystem in the near future – and we’re already in talks to do so.”
The integration, made possible through COTI’s ADApay gateway, will be one of the first times that an international NPO can receive and hold ADA donations without the necessity to first convert into fiat currencies – a major milestone for the future of ADA as a functional digital currency.