Save the Children Launches Bitcoin Fund to Supercharge Emergency Aid Deliveries

A New Era for Humanitarian Aid

In a bold move, has launched a designed to make aid delivery faster and more reliable. This step comes as charities face growing challenges from slow banking systems and shrinking budgets. By accepting Bitcoin and other cryptocurrencies, the nonprofit aims to cut delays in helping children during crises like natural disasters and wars.

Why Traditional Banking Falls Short

Traditional banks often create big hurdles for aid work. Transfers can take days or weeks, especially in unstable areas. Fees eat into donations, and some regions have limited access to banking. During urgent needs, like earthquakes or conflicts, every minute counts. Crypto changes this by allowing instant, borderless payments with low costs.

The will hold donations in Bitcoin and other digital assets for up to four years. This strategy lets the value grow while ensuring funds are available when needed. It’s a smart mix of holding for potential gains and quick spending power.

Key Reasons Behind the Launch

Leaders at point to three main drivers:

• Pioneering Experience: The group has a history of leading in crypto donations, proving it works for real impact on kids.
• Community Input: Years of talks with Bitcoin fans, donors, and tech partners like secure custody providers shaped the plan.
• Funding Shifts: Cuts in government aid budgets force charities to find new ways. Relying less on big donors opens doors to innovative funding.

“The time for disruptive innovation, transparency, and proof-of-work is now.” – Innovation lead at

This fund highlights Bitcoin’s core strengths: security, transparency via blockchain, and resistance to inflation or controls.

How the Works

Donors can send Bitcoin or other cryptos directly to the fund. The nonprofit uses trusted partners for safe storage and quick conversion to cash when aid is needed. No more waiting for wires or dealing with bank holidays. In volatile spots, this means food, medicine, and shelter arrive sooner.

Imagine a hurricane hits a remote island. With crypto, funds move in minutes. Traditional methods? Maybe a week. This speed can save lives.

Growing Trend: Crypto in Philanthropy

is not alone. More charities are embracing crypto. In Dubai, the government now allows nonprofits to accept digital assets. The Department of Islamic Affairs and Charitable Activities offers crypto donation services. This fits Dubai’s push to become a hub for big-scale giving.

Globally, crypto donations hit record highs in 2023. Reasons include:

1. Tax benefits for donors.
2. Easy global reach.
3. Bitcoin’s rising value boosts donation power.

Big players like the Red Cross and UNICEF already take crypto. Now, with funds like this, they hold assets long-term, like a treasury.

Benefits for Donors and Charities

Donors love the transparency – track every satoshi on the blockchain. Charities get more bang for the buck.

Challenges and Solutions

Crypto isn’t perfect. Volatility worries some, but holding periods and hedging tools help. Regulations vary by country, so compliance is key. works with experts to stay safe and legal.

Education is big too. Not everyone knows how to donate crypto. Simple guides and wallet integrations make it easy.

The Future of Aid with Blockchain

This could spark a wave. Expect more charities to build crypto treasuries. Tech like Lightning Network will make micro-donations feasible. Smart contracts could auto-release funds on disaster triggers.

As Bitcoin matures, it becomes a stable store of value for good causes. With aid budgets tight, crypto diversifies funding and fights inflation.

Call to Action: Get Involved

Want to help? Donate Bitcoin to today. Check their site for wallet addresses. Share this news to spread the word. Together, we can make aid faster and save more children.

The launch of the shows charities adapting to new tools for maximum impact. It’s a win for blockchain and humanity.

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.