HRF Supports 16 Bitcoin Projects to Enhance Financial Freedom
The Human Rights Foundation (HRF) has announced its support for 16 projects worldwide that aim to promote financial freedom and security through Bitcoin. The HRF's Bitcoin Development Fund provided over 500 million satoshis, worth $396,854 at today's prices, in grants to these projects based in Africa, Asia, and Latin America.
The funding will help projects strengthen the Bitcoin protocol, expand practical Bitcoin access, and facilitate secure messaging and community infrastructure for dissidents. This is the second round of funding from the HRF this year, following a $10 million grant announced in April.
One project, BitSpenda, aims to make cross-border payments faster, cheaper, and more accessible across Africa by creating a non-custodial, account-free tool for mobile money-to-Bitcoin conversions. Another project, Project Island Resilience, plans to add offline payment capabilities to the Flash wallet app, enabling users to access Bitcoin even during power outages or internet shutdowns.
The HRF's grants will also support projects such as Bitzed, which connects mobile money networks directly to Bitcoin in Zambia, and Libbitcoinkernel, a software project that aims to make it easier for developers to build secure and independent wallets by pulling core security rules from Bitcoin's original code.