The Blockchain for Good Alliance (BGA) was launched today at Blockchain Life Dubai, with key partners including Bybit Web3, Harvard Blockchain Club, Solana Foundation, Moledao, Aptos, ICP.Hub UAE, and Alchemy Pay. Various groups and individuals using blockchain technology to address social, environmental, and economic issues.
Lily Liu, the chairman of the Solana Foundation, emphasized that a global impact may be possible. The BGA project will collaborate with several sectors because the development of blockchain technology will lead to a more inclusive financial system that makes cross-border payments easier.
The role of BGA is to act as an industry connector and catalyst for the development of Blockchain technology. Through the cooperation, entrepreneurs in the blockchain area will be able to collaborate and innovate by sharing ideas with their mentors.
Italian academic Silvia Semenzin has released a new study that highlights the challenges of adopting blockchain technology for positive social change. She warns against the technology’s commercial orientation and stresses the need for a thorough grasp of social and economic reality.
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