Web3 community comes together for Israel!๐Ÿซ‚

Plus : Blockchain X Geopolitics

Web3 Community Comes Together for Israel ๐Ÿซ‚
Plus : Blockchain X Geopolitics!

Welcome ๐Ÿ™to Joint #23! We are sure to give you some insights about this week's weekly updates too๐Ÿฅณ keep reading!

This week was really happening and yes aapko ni ideaโ€ฆbut worry not! Web3 Stash Hai na๐Ÿ˜‡. I hope you know reading this will bring you closer to your Crush๐Ÿ‘€

Let's start by having a look at BTC and ETH ๐Ÿ‘€

As on 12 October, 12:53 AM

Abhi let's dive into some good web3 news and trust me it's fun keep reading๐Ÿ˜ญ๐Ÿ˜ญ๐ŸคŒ๐Ÿป Today we have rolled ๐Ÿ™Œthe following topics for you all -

  1. Web3 Community Comes Together๐Ÿซ‚

  2. Bharat Web3 Association X European Crypto Initiative ๐Ÿ‘ฅ

  3. Understanding How Blockchain can help in Geopolitics๐Ÿง 

๐Ÿ‘ฅWeb3 Community Comes Together๐Ÿ‘ฅ

By this time we all are aware of the current Situation of war in Israel and Palestine.

Amongst all negative news out there, here is a heart warming tale of how web3 communities ๐ŸŒare coming together for making this world a better place!โค๏ธ

A collective of local companies and leaders in the Web3 space have established a crypto humanitarian campaign for Israel. ๐ŸคŒ

Called โ€œCrypto Aid Israel,โ€ the campaign aims to raise funds to provide food, shelter, hygiene, and medical products for displaced and affected Israelis.๐Ÿคโญ๏ธ

Crypto Aid Israel has launched a multisig wallet trusted to members of the local Web3 community. The wallet is designed to collect donations in multiple cryptocurrencies๐Ÿ™Œ๐Ÿ’ฐ We are surely moving towards a better world๐Ÿฅบโค๏ธ

The management of the collected financial assets falls under the purview of Fireblocks, a prominent entity in crypto asset security.

A policy has been set in place that requires the consent of at least four of the seven signatories to authorize the transfer of funds out of the wallet.๐Ÿ”—๐Ÿ”’โœ…

To safeguard against phishing threats and cyber-attacks, donors are strongly advised to confirm the wallet address on the official Crypto Aid Israel website before donating. ๐ŸŽฏ

This measure is part of a rigorous security protocol designed to ensure the safe passage of resources to the intended recipients.๐Ÿค๐ŸคŒ

Here's the official link - https://cryptoaidisrael.com/

The campaign is a real-time example of how cryptocurrencies ๐Ÿ’ฐcan extend beyond traditional financial systems to provide essential aid in crisis scenarios๐Ÿ‘ฅ๐ŸŒ

 ๐Ÿš€Bharat Web3 Association X European Crypto Initiative๐Ÿš€

Bharat Web3 Association (BWA) and the European Crypto Initiative (EUCI) have announced the signing of a Memorandum of Understanding (MoU)๐Ÿฅณ๐Ÿฅณ๐ŸŽ‰๐ŸŽ‰

The platforms aim to explore collaborative opportunities over Web3.0 technologies.๐Ÿš€๐Ÿš€

BWA and EUCI will collectively work on initiatives, including participation in Web3.0-related advocacy or educational conferences, expos, ๐Ÿง and workshops.

From what itโ€™s understood, the two organisations also plan to collaborate on thought leadership, reports, and practices sharing to enhance the development and adoption of Web3.0 technologies.๐Ÿค๐Ÿš€

Itโ€™s believed that both BWA and EUCI look forward to formalising their collaboration and bringing their shared vision to fruition๐Ÿ’ฏ๐Ÿ’ฐโญ๏ธ

Abhi collaboration toh samjh aa gayaaa, but yeee dono hein kya?๐ŸคŒ๐ŸคŒ๐Ÿ˜ญ๐Ÿ˜ญ๐Ÿ˜ญworryy not sabh samjha rahaa ๐Ÿ˜Ž

About Bharat Web3 Association -

Bharat Web3 Association is a collaboration of leading Web3 technology companies with the aim of leveraging blockchain and scalable technologies to accelerate growth and transformation in India!๐Ÿš€๐Ÿš€

About European Crypto Initiative -

The European Crypto Initiative aims to shape EU regulation to favour open, permissionless, decentralised applications leveraging blockchain technology while advocating for an innovative EU environment.๐Ÿ”—๐Ÿง 

๐Ÿ‘‰๐ŸปUnderstanding How Blockchain can help in Geopolitics๐Ÿ‘ˆ๐Ÿป

๐Ÿ—บ๏ธBlockchain in Geopolitics -

1. ๐Ÿ”’ Security and Trust:

- Blockchain is like a super-secure vault. It keeps sensitive information safe from hackers or tampering.

- In geopolitics, this means confidential data, like diplomatic messages, can be protected, making trust between countries stronger.

2. ๐Ÿ“œ Transparent Agreements:

- Think of blockchain as a see-through contract. When countries make agreements, they can put them on the blockchain for everyone to see.

- This transparency ensures that deals are fair and no one cheats.

3. ๐Ÿ’ผ Trade Boost:

- Blockchain can be like a fast and reliable post office for international trade.

- It helps track products from where they're made to where they're sold, reducing fraud and making trade smoother.

4. ๐Ÿ—ณ๏ธ Secure Elections:

- Voting on the blockchain is like having an unbreakable ballot box.

- Each vote is securely recorded and can't be altered, ensuring fair and fraud-free elections.

5. ๐ŸŒ Digital Diplomacy:

- Blockchain can be the digital handshake between countries. When they agree on something, it's recorded in a tamper-proof way.

- This makes diplomacy more reliable, reducing conflicts and misunderstandings.

6. ๐ŸŒ Global Aid Transparency:

- When countries give aid, blockchain can track where it goes, making sure it reaches the right people.

- Donors and recipients can see the aid journey, preventing misuse and ensuring help gets where it's needed.

In a nutshell, blockchain acts as a superhero for geopolitics. It provides security, transparency, and efficiency, making the world a more trustworthy and cooperative place! ๐ŸŒ๐Ÿ”’๐Ÿ’ผ๐Ÿ—ณ๏ธ๐Ÿค๐ŸŒ

I hope these points about geopolitics and blockchain made sense and now i want you guys to share this newsletter within your group and get us some more subscribers!๐Ÿฅบ๐Ÿฅบ

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This is what the JOINT #23 had to offer we went from Israel to Bharat Web3 Association and we promise to deliver an even better experience next time๐Ÿค—๐Ÿค— so stay subscribed!

Also please do me a favor and share this newsletter with your web3 friends ๐Ÿซ‚๐Ÿซ‚(secret - this will make sure you make good money in web3 world in the coming future)โค๏ธโค๏ธ๐Ÿ˜ญ๐Ÿ˜ญ๐Ÿ˜ญ

Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #24!!๐Ÿซ‚๐Ÿซ‚

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