26. Juli 2020 · Kommentieren · Kategorien: Bitcoin

The Human Rights Foundation, or HRF, a leading global organization promoting democracy and freedom, continues to explore the use of crypto currencies such as Bitcoin (BTC) as a way to protect human rights around the world.

HRF recently partnered with the crypto coin storage company ‚Casa‘ to help global activists effectively protect their crypt funds used to fight human rights abuses and challenge authoritarianism.

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Casa‘ will share Bitcoin’s experience in supporting human rights
As part of the new collaboration, Casa will work with HRF to educate nonprofit organizations, or NGOs, and activists about Bitcoin. In announcing the news on July 15, Casa said the startup will participate in HRF workshops, providing its expertise on Bitcoin security to global activists.

The new initiative aims to address the financial difficulties faced by societies governed by authoritarian regimes. NGOs often have difficulty accessing traditional banking services. By promoting the use of crypto-currencies such as Bitcoin, HRF and ‚Casa‘ hope to help participants raise their funds safely.

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Storing crypts could be a challenge
Alex Gladstein, HRF’s director of strategy, highlighted Bitcoin’s enormous potential to help activists raise funds to fight human rights abuses. According to the executive, the issue of securely storing cryptomoney funds has always been a major challenge.

As such, ‚Casa‘ is expected to significantly expand the expertise needed to protect funds for NGOs such as independent media, environmental groups, anti-corruption activists and pro-democracy movements. Gladstein said:

„With software like ‚House‘, organisations can keep their Bitcoin Rejoin safe while maintaining full control, without the risk of losing funds through neglect. It is essential that activists control the private keys to their Bitcoin, so that they can always take their funds where they need to go, when they need to go.

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Founded in 2005, the New York-based organization has been active in the crypto industry for several years. In June 2020, the foundation introduced its own Bitcoin Development Fund, a privacy-focused project to support developers, making Bitcoin a safer tool for activists and journalists around the world. As of June 23, the fund had received nearly $30,000 in donations from 22 people.

Previously, HRF published a report analyzing the censorship and privacy landscape of stablecoins like Tether (USDT) and Dai (DAI).