Using Blockchain to Brew a Better World
How Bybit's COO, Helen Liu, is Championing Blockchain for Social Good
Helen Liu, COO of Bybit, brought incredible insights to our "Harnessing Blockchain for Global Good" panel, showcasing how blockchain technology can drive social impact. As the leader behind one of the largest crypto exchanges in the world, Helen’s perspective on using blockchain for good was both inspiring and actionable.
Blockchain for Good Alliance (BGA)
Helen introduced the Blockchain for Good Alliance (BGA), stating, "Bybit committed five million every year to this organization." This independent, non-profit initiative supports projects that leverage blockchain technology to address real-world problems.
One of the most compelling examples she shared was the initiative in Mexico that provided loans to coffee bean farmers, where "Their yield will be tracked through blockchain," ensuring transparency and accountability. This level of transparency not only builds trust but also allows farmers to access capital more efficiently, demonstrating how blockchain can be a lifeline for communities often excluded from traditional financial systems.
Empowering Builders and Innovators
Bybit's commitment to supporting mission-driven projects was further emphasized when Helen explained, "We want to reward them, we want to give them support," underlining Bybit’s role in fostering a thriving ecosystem of blockchain innovators. She elaborated that this support isn’t limited to financial investment, but also extends to brand awareness and leveraging Bybit’s extensive user base to promote worthy projects. "We believe in offering exposure to projects that might otherwise struggle to reach the right audience," Helen added, showing how Bybit is actively working to elevate projects that bring tangible benefits to society.
Changing the Narrative of Crypto
Helen stressed the importance of transparency in reshaping the perception of crypto, noting, "We try to break this curse. Crypto is not a scam. Crypto is not about a crime." She emphasized that Bybit’s mission goes beyond trading and profit, aiming to educate and build genuine, impactful projects that demonstrate the true potential of blockchain technology. "Our goal is to redefine the conversation around crypto, making it synonymous with trust, fairness, and opportunity," Helen remarked, underlining how Bybit is actively working to shift the industry’s reputation toward a more positive and socially beneficial direction.
A Vision for a Better Blockchain Future
Helen’s dedication to using blockchain as a tool for social good showcases how the industry can transcend speculation and contribute meaningfully to society. Her work with Bybit and the Blockchain for Good Alliance serves as a blueprint for how organizations can actively participate in societal change while challenging outdated narratives surrounding crypto. "It's not just about technology; it's about creating a system that empowers people and drives positive change," she concluded.
If you’re interested in understanding how blockchain can be harnessed for real-world impact, Helen's insights offer a compelling roadmap. You can explore more of her thoughts and contributions by watching the full panel discussion.