Blockchain for Good Alliance Launches Global | Crypto News

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Blockchain for Good Alliance Launches Global | Crypto Work Pro

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DUBAI, UAE, April 24, 2025 /CNW/ — The Blockchain for Good Alliance (BGA),  a international non-profit initiative, along with United Nations Development Programme (UNDP) and EMURGO Labs, has launched the SDG Blockchain Accelerator — a international effort aimed toward harnessing blockchain-powered social influence initiatives throughout the UN Sustainable Development Goals (SDGs). This program goals to equip UNDP personnel and companions with the data, technology, help, and mentorship essential to develop, pilot, and scale blockchain-based options addressing real-world financial development challenges.

Supported by a international community of industry consultants, this multi-year accelerator will onboard two cohorts yearly, every operating for a 4 month period, specializing in capability building, resolution development, and ecosystem growth. Leveraging Cardano‘s infrastructure and EMURGO Labs’ experience, this system will ship up to 40 blockchain options aligned with the SDGs, create an open-source useful resource hub, and promote cross-chain collaboration to broaden the influence of blockchain throughout the development sector.

Led by BGA Managing Partner Glenn Tan and members of the UNDP AltFinLab, the collaboration will span 5 international areas, offering funding and strategic help to blockchain tasks tackling challenges throughout the 17 SDGs.

“At UNDP, we believe blockchain is not just a technology — it is a transformative force capable of reshaping how we address humanity’s most pressing challenges. This accelerator program is more than an initiative; it is a call to action for innovators worldwide to harness blockchain’s power to drive sustainable development. By fostering bold collaboration and leveraging its transparency and efficiency, we are paving the way for groundbreaking solutions that can uplift communities globally,” commented Teodor Petricevic, UNDP Accelerator Lead.

As a founding supporter of the Blockchain for Good Alliance, Bybit has labored intently with BGA throughout numerous initiatives to advertise the use of blockchain for public good. Through its “Bybit Pool” initiative, the crypto exchange has dedicated US$1 million in funding to help EthicHub, a blockchain platform empowering and enabling smallholder farmers. This contribution helps moral financing fashions and showcases blockchain’s potential in building clear provide chains.

Expanding Impact Across Europe

BGA marked a important milestone in January 2025 with its formal growth into Europe, becoming a member of the UNDP Brussels Roundtable “Empowering the Future: A Strategic Dialogue on Emerging Technologies and Impact Entrepreneurship in the Western Balkans”. The roundtable introduced collectively 30 key delegates from the UNDP, European Commission, prime Web3 foundations, tech hubs, and coverage assume tanks — together with the Ethereum Foundation, Solana Labs, Stellar Development Foundation, Algorand Foundation, Cardano Foundation, Celo, Metis, Cotrugli Business School, Science Technology Park Belgrade, BlackVogel, and the World Metaverse Council.

As half of its broader European strategy, BGA is actively participating in grassroots initiatives, forging strategic partnerships, and contributing to high-level coverage dialogues. With blockchain more and more acknowledged as a catalyst for clear, inclusive, and sustainable development, BGA welcomes collaboration with like-minded organizations to advance real-world options and set up blockchain as a pillar of digital equity and innovation throughout the continent.

#Bybit / #TheCryptoArk / #BGA

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading quantity, serving a international group of over 60 million customers. Founded in 2018, Bybit is redefining openness within the decentralized world by creating a easier, open and equal ecosystem for everybody. With a sturdy give attention to Web3, Bybit companions strategically with main blockchain protocols to offer sturdy infrastructure and drive on-chain innovation. Renowned for its secure custody, various marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fans to unlock the complete potential of Web3. Discover the long run of decentralized finance at Bybit.com.

For more particulars about Bybit, please go to Bybit Press
For media inquiries, please contact: media@bybit.com
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About Blockchain for Good Alliance (BGA)

The Blockchain for Good Alliance (BGA) is a long-term collaborative non-profit initiative with key companions with the primary goal to contribute to societal good by utilizing blockchain technology to resolve actual world issues. By convening leaders, innovators, and organisations from throughout the blockchain group, BGA seeks to drive innovation, collaboration, and motion in direction of a more sustainable and equitable world.

For more info
Email: hiya@chainforgood.org
Website: www.chainforgood.org
Twitter: www.x.com/chainforgood

About UNDP

UNDP is the main United Nations group preventing to finish the injustice of poverty, inequality and climate change. Working with our broad community of consultants and companions in 170 nations, we help nations to construct built-in, lasting options for people and the planet.

Learn more at www.undp.org

View authentic content material to obtain multimedia:https://www.prnewswire.com/news-releases/blockchain-for-good-alliance-launches-global-accelerator-and-fund-with-undp-302437153.html

SOURCE Blockchain for Good Alliance (BGA)

Featured Image: depositphotos @ akulamatiau

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Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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