Save the Children Launches Bitcoin Fund, Breaking Ground in

Save the Children has launched a **Bitcoin Fund** in partnership with **Fortris**, a digital asset leader, to transform how financial resources are held, managed, and delivered in times of crisis. The fund will enable **Save the Children** to securely hold **Bitcoin** donations for up to four years, maximizing the value of every contribution. This innovation builds on **Save the Children**'s trailblazing **Bitcoin** work since 2013, when it became the first INGO to accept **Bitcoin** donations. The organization has raised millions in digital assets to support children in crises from **Ukraine** to **Gaza**, **Sudan**, and beyond through its **Hodl Hope** initiative. [[save-the-children|Save the Children]] is now inviting the global **Bitcoin** community to join this effort by contributing and partnering with the **Bitcoin Fund**. [[bitcoin|Bitcoin]] and [[blockchain|blockchain technology]] are being used to promote financial inclusion and digital literacy for families with limited access to financial services. [[fortris|Fortris]] is supporting this initiative, and **Save the Children** is exploring community-based **Bitcoin** tools to promote financial inclusion and digital literacy. [[janti-soeripto|Janti Soeripto]], **Save the Children US** President and CEO, emphasized the importance of out-of-the-box solutions to ensure the organization can continue to support children in need. The **Bitcoin Fund** is designed to provide a platform to test and scale new ways of delivering cash and voucher assistance leveraging tools using **Bitcoin**, **stablecoins**, and digital wallets. This will enable **Save the Children** to get funds directly into the hands of families faster, more transparently, and at lower cost. [[antonio-roupell|Antonia Roupell]], Innovation and Partnerships Lead, explained that the fund delivers exactly what **Bitcoin** donors asked for - the flexibility to choose when to convert to maximize the impact of their generosity.

• Save the Children has launched a Bitcoin Fund in partnership with Fortris
• The Bitcoin Fund will enable Save the Children to securely hold Bitcoin donations for up to four years
• The use of Bitcoin and blockchain technology in humanitarian contexts is a growing trend
• The success of the Bitcoin Fund will depend on the ability of Save the Children to navigate the complexities of digital assets
• The launch of the Bitcoin Fund raises questions about the potential risks and challenges associated with the use of digital assets in humanitarian contexts

The launch of the **Bitcoin Fund** by **Save the Children** is a notable development in the humanitarian sector. The use of **Bitcoin** and **blockchain technology** has the potential to increase the efficiency and transparency of aid delivery, but it also raises questions about the risks and challenges associated with the use of digital assets in humanitarian contexts. The partnership with **Fortris** and the use of **stablecoins** may help mitigate some of these risks, but it is essential to carefully evaluate the effectiveness and sustainability of this initiative. [[antonio-roupell|Antonia Roupell]]'s statement highlights the importance of listening to **Bitcoin** donors and providing them with the flexibility to choose when to convert their donations. However, it is crucial to consider the potential impact of this initiative on the broader humanitarian landscape and the potential risks and challenges that may arise.

The launch of the **Bitcoin Fund** is a groundbreaking move by **Save the Children**, showcasing the potential of **Bitcoin** and **blockchain technology** in humanitarian innovation. This initiative has the potential to increase the efficiency and transparency of aid delivery, and promote financial inclusion for families in need. The partnership with **Fortris** and the use of **Bitcoin** and **stablecoins** will enable **Save the Children** to reach more children and provide them with the support they need. [[janti-soeripto|Janti Soeripto]]'s emphasis on out-of-the-box solutions highlights the organization's commitment to innovation and its willingness to explore new ways to support children in crisis. The **Bitcoin Fund** is a significant step forward in this direction, and its success could pave the way for more humanitarian organizations to adopt **Bitcoin** and **blockchain technology**.

The launch of the **Bitcoin Fund** by **Save the Children** raises concerns about the potential risks and challenges associated with the use of **Bitcoin** and **blockchain technology** in humanitarian contexts. The volatility of **Bitcoin** prices and the potential for **stablecoins** to be affected by market fluctuations may undermine the value of donations and create uncertainty for **Save the Children**. Additionally, the use of digital assets may exacerbate existing inequalities and create new challenges for families with limited access to financial services. The partnership with **Fortris** may also raise questions about the potential for **Save the Children** to be influenced by the interests of the private sector, potentially compromising its independence and neutrality. [[janti-soeripto|Janti Soeripto]]'s emphasis on out-of-the-box solutions may be seen as a positive step, but it is essential to carefully evaluate the potential risks and challenges associated with this initiative and ensure that **Save the Children** is prioritizing the needs of children and families above all else.

Originally reported by Save the Children US