- Web3 Stash - Your Weekly Web3 Whip
- Posts
- Web3 community comes together for Israel!๐ซ
Web3 community comes together for Israel!๐ซ
Plus : Blockchain X Geopolitics
Web3 Community Comes Together for Israel ๐ซ
Plus : Blockchain X Geopolitics!
Welcome ๐to Joint #23! We are sure to give you some insights about this week's weekly updates too๐ฅณ keep reading!
This week was really happening and yes aapko ni ideaโฆbut worry not! Web3 Stash Hai na๐. I hope you know reading this will bring you closer to your Crush๐
Let's start by having a look at BTC and ETH ๐
As on 12 October, 12:53 AM
Abhi let's dive into some good web3 news and trust me it's fun keep reading๐ญ๐ญ๐ค๐ป Today we have rolled ๐the following topics for you all -
Web3 Community Comes Together๐ซ
Bharat Web3 Association X European Crypto Initiative ๐ฅ
Understanding How Blockchain can help in Geopolitics๐ง
๐ฅWeb3 Community Comes Together๐ฅ
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 ๐are coming together for making this world a better place!โค๏ธ
A collective of local companies and leaders in the Web3 space have established a crypto humanitarian campaign for Israel. ๐ค
Called โCrypto Aid Israel,โ the campaign aims to raise funds to provide food, shelter, hygiene, and medical products for displaced and affected Israelis.๐คโญ๏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 cryptocurrencies๐๐ฐ We are surely moving towards a better world๐ฅบโค๏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.๐๐โ
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. ๐ฏ
This measure is part of a rigorous security protocol designed to ensure the safe passage of resources to the intended recipients.๐ค๐ค
Here's the official link - https://cryptoaidisrael.com/
The campaign is a real-time example of how cryptocurrencies ๐ฐcan extend beyond traditional financial systems to provide essential aid in crisis scenarios๐ฅ๐
๐Bharat Web3 Association X European Crypto Initiative๐
Bharat Web3 Association (BWA) and the European Crypto Initiative (EUCI) have announced the signing of a Memorandum of Understanding (MoU)๐ฅณ๐ฅณ๐๐
The platforms aim to explore collaborative opportunities over Web3.0 technologies.๐๐
BWA and EUCI will collectively work on initiatives, including participation in Web3.0-related advocacy or educational conferences, expos, ๐ง and workshops.
From what itโs 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.๐ค๐
Itโs believed that both BWA and EUCI look forward to formalising their collaboration and bringing their shared vision to fruition๐ฏ๐ฐโญ๏ธ
Abhi collaboration toh samjh aa gayaaa, but yeee dono hein kya?๐ค๐ค๐ญ๐ญ๐ญworryy not sabh samjha rahaa ๐
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!๐๐
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.๐๐ง
๐๐ปUnderstanding How Blockchain can help in Geopolitics๐๐ป
๐บ๏ธBlockchain in Geopolitics -
1. ๐ 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. ๐ 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. ๐ผ 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. ๐ณ๏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. ๐ 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. ๐ 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! ๐๐๐ผ๐ณ๏ธ๐ค๐
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!๐ฅบ๐ฅบ
That's the only fee you guys need to pay for getting many more cool explanations on complicated topics๐ค๐ป SUBSCRIBE NOW!
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 time๐ค๐ค so stay subscribed!
Also please do me a favor and share this newsletter with your web3 friends ๐ซ๐ซ(secret - this will make sure you make good money in web3 world in the coming future)โค๏ธโค๏ธ๐ญ๐ญ๐ญ
Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #24!!๐ซ๐ซ
Reply