Ripple (available on Binance) announced its new social impact program, Ripple (available on Binance) for Good, that looks to support education and financial inclusion. Ripple (available on Binance)’s social impact program is geared toward supporting mission-driven organizations and initiatives.
The #InternetofValue is not about disruption, it’s about completion – making globalization better for everyone. Ripple (available on Binance) for Good will be a central part of that mission. https://t.co/WkOTiAWCnO
— Chris Larsen (@chrislarsensf) September 27, 2018
Ripple (available on Binance) for Good
To date, Ripple (available on Binance) has donated $80 million toward education and charities aligned with its mission. The blockchain-based company announced it will allocate $25 million more this year.
For education, Ripple (available on Binance) for Good is partnering with leading universities across the globe to support increased research and innovation in blockchain, fintech, and cryptocurrency. This will all take place through Ripple (available on Binance)’s University Blockchain Research Initiative (UBRI) that was initiated back in June.
Ken Weber, a Ripple (available on Binance) employee who wrote the press release, states, “On financial inclusion, we’re fully aware Ripple (available on Binance) for Good is the new kid on the block.”
Weber states that there are already a number of well-known financial services, foundations, and non-profits that are already hard at work to bring more individuals into our shared, but “tiered” global financial system. Ripple (available on Binance) firmly believes that the current financial system is inefficient and inequitable.