The goal of the partnership is to raise $2 billion to speed the vaccination process through some of the world’s poorest countries, with the Qtum Chain Foundation committing to match the total number of vaccines raised by Vaccine Forward.
Vaccine Forward is a Swedish-based initiative aiming to fight this inequality having raised over 12k vaccinations ever since its start and has now looked for the support of the blockchain and crypto industry in collaboration with Qtum Chain Foundation, which has provided half of the total vaccinations.
Elisabeth Thand Ringqvist, Vaccine Forward founder, referred to the partnership by stating:
“As a grass-roots organization, Vaccine Forward is proud to receive the biggest donation so far, effectively doubling the amount of raised vaccinations, from 6 000 to 12 000 with Qtum’s donation. We are also very happy for Qtum’s challenge to the Blockchain-space at large to do the same.”
The organization depends on private and corporate donations to make it possible to help countries who need the vaccines to ensure the health of their citizens, which are distributed via the Global Vaccine Alliance (GAVI).
Soon, donors will also be able to contribute to this mission by making donations using cryptocurrency directly on Vaccine Forward’s website, facilitating the process for people around the world who might not be able to donate with fiat otherwise.
Crypto As a Tool for Equality
While developed countries have moved forward with vaccination efforts, countries with poor economies and strong political relationships have struggled to vaccinate their citizens, creating a high level of inequality among a pandemic that affects all countries equally.
One of the pillars of the crypto movement on its inception and till this day has been to provide people around the world with…