Published On: Tue, May 29th, 2018

Bifröst: A New Blockchain-Based Effort to Deliver Foreign Aid Payments

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ConsenSys Social Impact has joined hands with MakerDAO and Dether to launch Bifröst, a crypto-to-fiat payment system built to expedite the delivery of cash donations to aid groups in conflict areas.Bifröst was announced during a presentation today, May 29, at the Oslo Freedom Forum in Norway. Executives are planning to pilot the system this summer within certain regions of Southeast Asia and the Middle East. “Collaborative solutions like these … are paramount to materializing solutions in the social sector,” said Robby Greenfield, ConsenSys Social Impact’s global technical lead. “The Bifrö …

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