• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Blockchain For Impact secures $90 million for healthcare and biomedical innovations

user avatar

by Giorgi Kostiuk

a year ago

Blockchain For Impact, founded by Polygon co-founder Sandeep Nailwal, has raised over $90 million to support innovative developments in healthcare.

Funding for Medical and Biomedical Research

Blockchain For Impact (BFI) has allocated more than $90 million to support pioneering projects in the healthcare and biomedical research sectors. The organization has also committed an additional $200 million for future initiatives focused on strengthening public health through blockchain-related philanthropy.

Programs and Initiatives of Blockchain For Impact

BFI is currently prioritizing funding for healthcare startups and initiatives such as the Samarth Medical Innovation Program and the European Biomedical Exchange Program. The BFI-BIOME Virtual Network aims to advance biomedical innovation through a growing virtual network, supporting over 46 startups and partnering with 15 medical colleges.

Mission and Future of BFI

BFI and Polygon co-founder, Sandeep Nailwal, aims to create scalable transparent blockchain systems to support future healthcare initiatives. He noted that by combining blockchain transparency with collaborative funding, every dollar can be maximized for impact.

BFI programs show great potential to leverage blockchain technology for significant improvements in global healthcare. Significant funds and impactful partnerships contribute to developing new solutions and enhancing existing ones.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Citi Projects Tokenized Asset Market to Reach $55 Trillion by 2030

chest

Citi Group's Tokenization 2030 report estimates that the tokenized asset market could grow from $17 billion today to $55 trillion by 2030.

user avatarMiguel Rodriguez

Ethereum's Funding Rate Hits New High Despite Price Decline

chest

Ethereum's funding rate reached a new high on May 31, 2026, despite the token falling below $2,000, indicating heavy long positioning in the market.

user avatarLuis Flores

Bitcoin Enters Accumulation Zone, Analyst Predicts Potential Rally

chest

Crypto analyst Aralez suggests Bitcoin is in an accumulation zone that could lead to a new all-time high.

user avatarArif Mukhtar

Mt Gox Transfers 739 Million in Bitcoin as Repayment Process Continues

chest

Mt Gox transferred over 739 million in Bitcoin as it continues its long-awaited repayment process to creditors.

user avatarMaria Gutierrez

Bitwise Highlights Global Debt Pressure and Bitcoin's Unique Position

chest

Bitwise highlights the upcoming $30 trillion global debt refinancing in 2026 and its potential impact on Bitcoin's market position.

user avatarDavid Robinson

Ethereum Foundation Announces New Mandate Amid Internal Challenges

chest

Aya Miyaguchi, President of the Ethereum Foundation, announces a new mandate aimed at creating a smaller, more focused structure to address internal challenges and preserve Ethereum's unique value.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.