- Qtum has pledged to match donations made to Vaccine Forward.
- Vaccine Forward is a Swedish non-profit raising $2 billion for COVID-19 vaccinations.
- Vaccinations raised will be donated to less fortunate countries currently without vaccines.
Qtum blockchain has pledged to match donations made to Vaccine Forward. Vaccine Forward is raising $2 billion aimed at providing COVID-19 vaccines to third-world countries.
Currently, over 2 billion people in 92 countries are unable to access COVID-19 vaccinations. In fact, vaccine manufacturers have come under fire due to the inequitable distribution of vaccinations.
In response to the crisis, Swedish entrepreneur Elisabeth Thand Ringqist founded Vaccine Forward. The Global Vaccine Alliance (GAVI)’s COVAX AMC initiative will distribute the vaccinations raised by Vaccine Forward.
To date, the non-profit chaired by former Swedish Minister of Aid, Gunilla Carlsson raised 6,000 vaccine doses. However, thanks to Qtum’s pledge, Vaccine Forward has doubled its donations to 12,000 doses.
In addition to matching donations, Qtum is also helping make it possible for the non-profit to directly receive cryptocurrency donations. In fact, the partners hope that Qtum’s pledge will encourage other blockchains to make similar donations. However, once in place, the crypto portal will enable both individuals and companies to donate towards a more equitable vaccine distribution.
Notably, Qtum is an innovative blockchain that combines Bitcoin’s security aspects with Ethereum’s programmability. As a result, Qtum is a secure and energy-efficient PoS driven ecosystem. As such, Qtum is no stranger to pioneering revolutionary ideas.