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Global fintechs and web3 giants unite to increase blockchain-based cash assistance for humanitarian crises

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Humanitarian Council members include the Algorand Foundation, Circle, Worldpay, Mercy Corps Ventures, HesabPay, the United Nations Development Programme, and others

BARCELONA, Spain, June 26, 2024 /PRNewswire/ — Today, in a move led by the Algorand Foundation, a coalition of fintech, web3, and humanitarian organizations announced the formation of a council seeking to increase access to blockchain-based cash assistance during humanitarian crises. The council’s objective – among other activities – is to advise UN agencies and NGOs on using blockchain technology for aid payments, and to develop a roadmap for the successful piloting of blockchain-based cash programs in distressed areas.

Over the past decade, the United Nations and NGOs have begun to offer more cash-based assistance (vs. in-kind or service assistance). According to the CALP Network, a thought leader in humanitarian cash and voucher assistance, this form of assistance now comprises 21% of all international humanitarian aid, reaching $10 billion in 2022, and there is potential for that proportion to be much higher (source). Humanitarian organizations are working to deliver this kind of aid as rapidly and economically as possible whilst navigating ever more complex financial regulations. Given this, the projects under the purview of this council will explore the potential benefits and opportunities of blockchain-based payment solutions in addressing these particular constraints.

The aim in using blockchain is to first offset the lack of financial and technological infrastructure in aid locations such as Afghanistan and others. In these regions, applying blockchain technology could bring more efficiency and ease to the delivery of cash-based aid, making it possible to respond on an even larger scale.

Scaling cash-based aid also requires transparency. Cash aid programs need to be traceable and auditable without infringing on the rights of its beneficiaries. By using blockchain, organizations can maintain an immutable, unchangeable record of how cash was distributed, without disclosing how it is used by the recipient. This model protects the privacy of those in crisis while maintaining the traceability and verification that aid programs, donors, and governments need.

Built on Algorand, global payment app HesabPay is already proving the effectiveness of merging blockchain and aid delivery. It facilitates the world’s largest humanitarian project ever to be run on a public blockchain, bringing support to more than 14,000 families in Afghanistan in collaboration with United Nations World Food Programme (WFP) and supported by the WFP Innovation Accelerator.

Bernhard Kowatsch, head of the WFP Innovation Accelerator, added, “The success of HesabPay in Afghanistan highlights the significant impact and scalability of this technology. We are eager to extend these innovations globally to revolutionize aid delivery.”

“Direct cash-based humanitarian assistance has been growing rapidly and is the future thanks to the extraordinary benefits cash provides for recipients. To be effective, humanitarian payments must meet several requirements: instant settlement, easily scalable to thousands if not millions of recipients,  and transparent and traceable,” said Matt Keller, director of impact at the Algorand Foundation. “Blockchain checks all of these boxes, and one reason we invested in HesabPay, which delivers humanitarian aid payments in Afghanistan without sacrificing time or accountability.”

“At Circle Impact, our mission since 2021 has been to empower underserved communities and reach people who have traditionally been excluded from financial systems. We are excited to be part of the Humanitarian Council, where we can cultivate a new generation of financial inclusion aimed at powering humanitarian aid and disaster relief,” said Mercina Tillemann-Perez, Vice President of Circle Impact.

“Launching 16 crypto pilots in 10+ countries over the past 4 years, Mercy Corps Ventures has been actively deploying first-of-a-kind real world use cases in the humanitarian and development context leveraging blockchain technology. We’re now building out a Humanitarian Venture Lab with a pipeline of humanitarian pilots, use cases, and insights that show where the challenges Algorand Foundation is addressing are playing out – and getting solved – in real time,” said Sandra Uwantege Hart, Humanitarian Venture Lab lead at Mercy Corps Ventures.

“Humanitarian crises demand faster, more transparent aid solutions. Blockchain technology has the potential to revolutionize aid delivery through unparalleled traceability. If this initiative can match the speed and efficiency of the 40 billion+ transactions Worldpay processes annually, there is an opportunity to provide life-saving support to the millions facing humanitarian crises, ensuring funds reach those in need without delay,” said Ahmed Zifzaf, head of crypto/web3 partnerships for Worldpay.

“In UNDP, we are exploring with Algorand how digital payments can bring transparency while making payments with more speed and trust to support the lives in countries without a strong banking ecosystem. Special attention is being paid to supporting the work of civil society organizations, such as through our Tadamon network of 4000 CSOs,” said Robert Pasicko, Innovation Team Leader a.i. at UNDP.

Serving council members currently include:

Sandra Uwantege Hart, Humanitarian Venture Lab Lead at Mercy Corps VenturesMercina Tillemann Perez, Vice President, Circle Impact at CirclePaula Gil Baizan, PoliSync Centre for International Policy EngagementAhmed Zifzaf, Head of Crypto/Web3 Partnerships at WorldpayHasan Fallaha, Livelihoods and Economic Recovery programme Analyst at UNDP SyriaAli Theyab Al-Zuhairi, Economic Reform (FFER-FED) Project Coordinator at the UNDP Iraq Country OfficeRobert Pasicko, Innovation Team Leader a.i., United Nations Development Programme (UNDP)Henri de Jong, Chief Business Development Officer at QuantozRory Crew, Technical Advisor on Data & Digitalization at the CALP NetworkNigel Pont, Senior Advisor at HesabPaySuzana Moreno, Blockchain Technology Strategy and Portfolio Project Manager at WFP Innovation AcceleratorKelly Stablein, Independent Humanitarian Consultant

About Algorand Foundation
Algorand’s mission is to power a world where information has integrity and innovative ideas can scale. The Algorand Foundation supports Algorand’s rapidly growing ecosystem by providing a best-in-class developer environment, supporting key infrastructure and setting technical standards, offering comprehensive support to builders and entrepreneurs, and providing the infrastructure for decentralized governance.

Founded by Turing Award-winning cryptographer Silvio Micali in 2019, Algorand has grown into a vibrant ecosystem of developers, entrepreneurs, and enterprise partners that benefit from institutional-grade certainty and resilience, while features like low fees, instant finality, and a minimal carbon footprint also appeal to the protocol’s millions of retail users. Builders of all kinds can use common programming languages like Python to develop advanced apps and protocols that solve important problems at a global scale: instant payments in war and disaster zones, self-sovereign identity for the disenfranchised, supply-chain traceability for global commerce, permissionless protocols addressing financial inclusion, and the creation of entirely new markets through tokenization, to name a few. To learn more and start your journey on Algorand, visit algorand.foundation.

About Circle
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is the issuer of USDC and EURC – highly liquid, interoperable, and trusted money protocols on the internet. Circle’s open and programmable platform and APIs make it easy for organizations to run their internet-scale business, whether it is making international payments, building globally-accessible Web3 apps, or managing their internal treasury. Learn more at https://circle.com.

About HesabPay
HesabPay is a global payment app at the forefront of global financial inclusion, targeting the 2 billion unbanked individuals worldwide. With exponential growth, HesabPay now boasts over half a million users, facilitating $35 million in peer-to-peer (P2P) transfers monthly. The platform serves 250,000 households in managing their bill payments and supports over two dozen donors in distributing humanitarian cash assistance. HesabPay’s impact is evident in its expansive reach and the vital financial lifeline it provides. Discover the full extent of HesabPay’s services at hesab.com.  

About Mercy Corps Ventures
Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, we’ve supported 50 early-stage ventures to scale and raise over $465 million in follow-on capital. 44% of our portfolio has at least 1 female co-founder and centers around climate adaptation and resilience-building solutions in adaptive agriculture and food systems, inclusive fintech, and climate-smart technologies, so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, we catalyze the ecosystem toward smarter, more impactful investments. Learn more at www.mercycorpsventures.vc.

About Worldpay
Worldpay is a leading payments technology and solutions company with unique capabilities to power omni-commerce across the globe. Our processing solutions allow businesses of all sizes to take, make and manage payments in-person and online from anywhere in the world. Annually, we process over 40 billion transactions across 146 countries and 135 currencies. We help our customers become more efficient, more secure and more successful.

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SOURCE Algorand Foundation

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Ineffable Intelligence Selects Google Cloud To Power Its Superintelligence Mission

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Following a rigorous evaluation of the infrastructure market and a historic $1.1 billion seed round, Ineffable Intelligence enters agreement with Google Cloud to develop the world’s first “superlearner”

LONDON, June 16, 2026 /PRNewswire/ — Google Cloud Summit London ’26 — Google Cloud and Ineffable Intelligence today announced a strategic partnership in which Google will provide the specialized infrastructure for Ineffable’s new frontier AI lab. Under the agreement, Ineffable Intelligence, the London-based startup founded by AlphaGo visionary David Silver, has selected Google Cloud as its preferred cloud partner, utilizing Google’s world-class AI-optimized technology to advance the next frontier of artificial intelligence: systems that learn continuously from their own experience.

The partnership follows Ineffable Intelligence’s historic $1.1 billion seed round, the largest of its kind in European history. Ineffable Intelligence will utilize Google Cloud’s high-performance computing capabilities to accelerate its mission of developing a “superlearner.” This partnership will also see Ineffable Intelligence deploy one of the largest clusters of A5X, powered by NVIDIA Vera Rubin NVL72 GPUs on Google Cloud, delivering massive computational scale.

Experience-based learning places fundamentally different demands on computing infrastructure than training on static datasets. Rather than learning from static datasets, these systems generate, evaluate, and learn from vast amounts of experience in real time, requiring enormous computational scale, high-performance networking, and tightly integrated training and inference systems. Google Cloud’s infrastructure will provide the foundation for this next generation of AI development.

Powering frontier AI with Google Cloud’s AI stack

While the industry has seen a surge in simple GPU-renting agreements, Ineffable Intelligence chose Google Cloud for its integrated AI Hypercomputer architecture. Unlike a standard “box of chips” approach, Google Cloud provides a systems-level optimization that combines performance-engineered GPUs with high-efficiency AI networking and storage.

“Training frontier models requires more than just raw compute; it requires a sophisticated orchestration of hardware and software,” said David Silver, CEO and Founder of Ineffable Intelligence. “We evaluated the space and chose Google Cloud as the best fit for our reinforcement learning infrastructure. We aren’t just looking for processors; we are building a resilient and scalable environment to make ‘first contact’ with superintelligence, AI that transcends human limitations in science, mathematics, and technology.”

Europe’s new frontier in AI

The collaboration signals a shift in the global AI landscape, positioning Ineffable Intelligence as a cornerstone of Europe’s growing AI ecosystem. By basing operations in London and leveraging Google Cloud’s secure infrastructure, Ineffable is poised to attract the continent’s premier engineering talent to solve the world’s most complex technical challenges.

“We are honored that the Ineffable Intelligence team has chosen Google Cloud to power its mission,” said Thomas Kurian, CEO of Google Cloud. “Ineffable is leveraging our full-stack AI Hypercomputer, from Jupiter networking to our optimized storage, to ensure its researchers can focus on breakthroughs, not bottlenecks. This partnership reflects how leading AI innovators are choosing Google Cloud to move faster and focus on revolutionary research and real-world impact.”

About Ineffable Intelligence
Ineffable Intelligence is the frontier AI company on a mission to make first contact with superintelligence. Founded by David Silver in London, it aims to create a superlearner that discovers all knowledge from its own experience, from elementary motor skills through to profound intellectual breakthroughs. This superlearning capability – the ability to endlessly discover knowledge and skills, without relying on human data – will be driven by the world’s most powerful reinforcement learning algorithms. The superlearner is expected to rediscover and then transcend the greatest inventions in human history, such as language, science, mathematics and technology – a scientific breakthrough of comparable magnitude to Darwin.

About Google Cloud
Google Cloud offers a powerful, optimized AI stack — including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications — that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ineffable-intelligence-selects-google-cloud-to-power-its-superintelligence-mission-302801139.html

SOURCE Google Cloud

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Univers Unveils Next Generation Platform for Physical AI at VivaTech 2026

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One Univers. One Intelligence Fabric. One Platform for the Physical World.

PARIS, June 16, 2026 /PRNewswire/ — At VivaTech 2026, Univers unveiled the next generation of its industry-leading platform suite: a Platform for Physical AI that enables enterprises to transform energy, infrastructure and industrial operations into a source of enduring competitive advantage.

As Europe seeks to strengthen industrial competitiveness, energy resilience and technological leadership, organizations face a growing challenge: applying AI reliably across the physical systems that power economies. While generative AI is transforming information work, the next frontier is enabling assets, facilities, energy systems and operations to sense, decide and act in real time.

Built on years of experience managing complex physical infrastructure, the Univers Platform for Physical AI brings together AI, energy and operational intelligence through a unified Intelligence Fabric. The platform continuously learns from operational outcomes, creating what Univers calls Compounding Intelligence—a growing intelligence advantage that enables organizations to deploy generative, agentic and autonomous AI in mission-critical environments with confidence.

Today, Univers connects over 400 million devices and manages more than 1,000 GW of energy assets and globally, orchestrating complex operational workflows across energy, building, transportation, logistics and industrial sectors.

“Europe’s next competitive advantage will be built not only on AI, but on the ability to apply AI to the physical world,” said Valerio Dilda, Senior Vice President, Europe, Univers. “The organizations that move first to build compounding intelligence across their operations will create a lasting advantage in productivity, resilience and innovation. Our Platform for Physical AI provides the foundation to make that possible.”

With four Centers of Excellence focused on Solar, Wind, Mobility and Energy and Resources across Europe alone, Univers helps enterprises unlock greater value from existing infrastructure while accelerating the transition from digital intelligence to autonomous operations.

About Univers

Univers operates one of the world’s largest real-time intelligence platforms for physical infrastructure, managing more than 1,000 GW of energy assets and connecting over 400 million devices globally. Through its Platform for Physical AI, Univers helps organizations orchestrate complex energy, infrastructure and operational systems with intelligence that continuously learns and improves over time.

View original content:https://www.prnewswire.co.uk/news-releases/univers-unveils-next-generation-platform-for-physical-ai-at-vivatech-2026-302798852.html

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DXC Expands Relationship with Norske Skog to Modernize Network and Technology Operations

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Multi-year partnership delivers a modern, secure network solution while broadening DXC’s role across Norske Skog’s technology environment

OSLO, Norway, June 16, 2026 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner today announced an expansion of its long-standing relationship with Norske Skog, a leading producer of publication paper and recycled containerboard in Norway. DXC will design, implement and operate a new software-defined wide area network (SD-WAN)—a modern, software-driven network that securely connects sites and —over the next four years, while also serving as its primary technology partner and trusted advisor across its broader technology estate.

Norske Skog’s network is the critical backbone connecting the company’s physical locations including offices and mills. Because the infrastructure plays a central role in ensuring availability and security, reliable service delivery is paramount. In selecting DXC to support the transformation of its network services, Norske Skog sought a more robust and responsive solution to improve service quality. DXC’s new network solution is designed to deliver stronger security, improved performance, greater scalability, and simplified management across Norske Skog’s locations.

“We are pleased to expand our long-standing partnership with DXC Technology as we modernize our network infrastructure. With a new software-defined wide area network, we will benefit from secure, scalable connectivity across our sites, improving performance and supporting our continued digital development. We also value DXC as a trusted advisor across our broader technology landscape.” Says Børge Teigland, CIO Norske Skog

“Expanding our relationship with Norske Skog reflects the trust we’ve built over time and DXC’s ability to deliver in critical environments,” said Espen Olsen, Managing Director DXC Norway. “By modernizing Norske Skog’s network infrastructure and taking on a broader role across their technology operations, we’re helping build a stronger, more secure foundation that supports the business today and as it evolves.”

DXC Technology is a long-standing partner to Norske Skog with more than 20 years of experience delivering end-to-end business and IT services. Today, DXC manages a significant part of Norske Skog’s IT estate, reflecting a deep and strategic partnership built on trust, reliability, and consistent delivery. As a trusted advisor, DXC continues to support Norske Skog across infrastructure, applications, and operational services, helping to modernize and optimize its technology landscape.

About DXC Technology
DXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world’s most complex technology estates. Learn more on dxc.com.

About Norske Skog
Norske Skog is a producer of packaging paper and publication paper across four mills in Europe. Packaging paper includes testliner and fluting and publication paper includes newsprint and magazine paper. The annual production capacity of packaging paper is 0.8 million tonnes, and the annual production capacity of publication paper is 1.2 million tonnes. Packaging paper and publication paper are sold through sales offices and agents. Norske Skog has approximately 1 650 employees and the parent company, Norske Skog ASA, a public limited liability company, is incorporated in Norway and has its head office in Oslo. The company is listed on Oslo Stock Exchange with the ticker NSKOG.

MEDIA CONTACT: Ashley Houk-Temple, Media Relations, ashley.houktemple@dxc.com 

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