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DUBAI, UAE, Feb. 14, 2026 /PRNewswire/ -- Blockchain for Good Alliance (BGA), a global non-profit initiative founded by Bybit dedicated to leveraging blockchain for societal impact, is thrilled to announce the release of its inaugural flagship impact report, The State of Blockchain for Good: A View from the Alliance, offering one of the most comprehensive and grounded assessments to date of how blockchain technology is being applied to real-world social, economic and public-sector challenges.
Following the Blockchain Impact Forum held in Copenhagen last November, the report brings together insights from global policymakers, United Nations agencies, industry leaders, builders and ecosystem partners, moving the conversation beyond speculation and toward implementation. Guided by key discussion themes contributed by experts during the forum, BGA examines where blockchain is already delivering public value, where adoption is stalling, and what must change for the technology to mature into trusted digital public infrastructure.
At a time when digital trust, transparency and institutional resilience are under increasing strain, the report positions blockchain not as a silver bullet, but as a practical tool – when governed responsibly and deployed with intent – for strengthening systems across finance, climate action, identity, aid distribution, education and inclusive economic development for public good and development.
From Pilots to Public Infrastructure
Drawing on insights from international hackathons, accelerator cohorts, joint funding initiatives and policy dialogues, the report identifies a clear inflection point for the sector. While many blockchain solutions are technically mature and ready for deployment, the primary bottlenecks now lie in institutional readiness, funding alignment and governance frameworks. The report calls for closer collaboration among governments, multilateral institutions and industry to move successful pilots into sustained, scalable deployments.
"The question is no longer just about whether blockchain can be used for public good," said Helen Liu, founder of BGA and co-CEO of Bybit. "The question now is how institutions choose to adopt, govern and scale blockchain for impact, and BGA is well positioned to continue convening global initiatives to help guide this process."
A View From the Alliance
The State of Blockchain for Good reflects BGA's ecosystem-first perspective, synthesizing lessons from builders working on the ground and partners across regions. It highlights efforts across four core pillars – hackathons, incubation, joint funds and the BGAwards – as a continuous and synergistic pipeline guiding innovation from early experimentation to institutional relevance.
The report also outlines BGA's outlook for the industry over the next 12 to 36 months, including recommendations on policy design, blended finance, interoperability and ethical safeguards, as well as plans to expand global grassroots engagement and deepen partnerships with governments and international organizations.
Setting the Agenda
As governments and institutions worldwide accelerate digital transformation efforts, BGA believes the report will serve as both a reference point and a global call to action.
"This report is not just a celebration of blockchain's role in driving global impact," said Glenn Tan, Director of global affairs at BGA. "It is an invitation for the industry to build responsibly, collaborate across sectors and ensure blockchain's next chapter is written in service of people, institutions and the public good."
The full report, The State of Blockchain for Good: A View from the Alliance, is available on the Blockchain for Good Alliance website.
#Bybit / #TheCryptoArk / #BGA
About Blockchain for Good Alliance (BGA)
The Blockchain for Good Alliance (BGA) is a global nonprofit initiative founded by Bybit, dedicated to advancing blockchain as a tool to address real-world problems. By convening leaders, innovators, and organisations from across the blockchain industry, BGA seeks to drive innovation, collaboration and action toward a more sustainable and equitable world.
For more information:
Email: hello@chainforgood.org
Website: www.chainforgood.org
Twitter: www.x.com/chainforgood
LinkedIn: https://www.linkedin.com/company/blockchainforgoodalliance/
DUBAI, UAE, Feb. 14, 2026 /PRNewswire/ -- Blockchain for Good Alliance (BGA), a global non-profit initiative founded by Bybit dedicated to leveraging blockchain for societal impact, is thrilled to announce the release of its inaugural flagship impact report, The State of Blockchain for Good: A View from the Alliance, offering one of the most comprehensive and grounded assessments to date of how blockchain technology is being applied to real-world social, economic and public-sector challenges.
Following the Blockchain Impact Forum held in Copenhagen last November, the report brings together insights from global policymakers, United Nations agencies, industry leaders, builders and ecosystem partners, moving the conversation beyond speculation and toward implementation. Guided by key discussion themes contributed by experts during the forum, BGA examines where blockchain is already delivering public value, where adoption is stalling, and what must change for the technology to mature into trusted digital public infrastructure.
At a time when digital trust, transparency and institutional resilience are under increasing strain, the report positions blockchain not as a silver bullet, but as a practical tool – when governed responsibly and deployed with intent – for strengthening systems across finance, climate action, identity, aid distribution, education and inclusive economic development for public good and development.
From Pilots to Public Infrastructure
Drawing on insights from international hackathons, accelerator cohorts, joint funding initiatives and policy dialogues, the report identifies a clear inflection point for the sector. While many blockchain solutions are technically mature and ready for deployment, the primary bottlenecks now lie in institutional readiness, funding alignment and governance frameworks. The report calls for closer collaboration among governments, multilateral institutions and industry to move successful pilots into sustained, scalable deployments.
"The question is no longer just about whether blockchain can be used for public good," said Helen Liu, founder of BGA and co-CEO of Bybit. "The question now is how institutions choose to adopt, govern and scale blockchain for impact, and BGA is well positioned to continue convening global initiatives to help guide this process."
A View From the Alliance
The State of Blockchain for Good reflects BGA's ecosystem-first perspective, synthesizing lessons from builders working on the ground and partners across regions. It highlights efforts across four core pillars – hackathons, incubation, joint funds and the BGAwards – as a continuous and synergistic pipeline guiding innovation from early experimentation to institutional relevance.
The report also outlines BGA's outlook for the industry over the next 12 to 36 months, including recommendations on policy design, blended finance, interoperability and ethical safeguards, as well as plans to expand global grassroots engagement and deepen partnerships with governments and international organizations.
Setting the Agenda
As governments and institutions worldwide accelerate digital transformation efforts, BGA believes the report will serve as both a reference point and a global call to action.
"This report is not just a celebration of blockchain's role in driving global impact," said Glenn Tan, Director of global affairs at BGA. "It is an invitation for the industry to build responsibly, collaborate across sectors and ensure blockchain's next chapter is written in service of people, institutions and the public good."
The full report, The State of Blockchain for Good: A View from the Alliance, is available on the Blockchain for Good Alliance website.
#Bybit / #TheCryptoArk / #BGA
About Blockchain for Good Alliance (BGA)
The Blockchain for Good Alliance (BGA) is a global nonprofit initiative founded by Bybit, dedicated to advancing blockchain as a tool to address real-world problems. By convening leaders, innovators, and organisations from across the blockchain industry, BGA seeks to drive innovation, collaboration and action toward a more sustainable and equitable world.
For more information:
Email: hello@chainforgood.org
Website: www.chainforgood.org
Twitter: www.x.com/chainforgood
LinkedIn: https://www.linkedin.com/company/blockchainforgoodalliance/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Blockchain for Good Alliance (BGA) Global Report Sets Direction for Impact-Driven Blockchain
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NEW YORK, April 11, 2026 /PRNewswire/ -- On the occasion of International Pet Day this April 11, the discussion on companionship is embracing an entirely new perspective. As the population living alone continues to expand, the demand for pet companionship has been on a steady rise, with young people, seniors living alone, and children emerging as the groups with the most concentrated need for companionship. However, practical constraints are making it increasingly difficult to keep a pet, forcing many people who crave companionship to give up on adopting a pet. Adoption will always be the best choice for those ready to welcome a furry companion into their home. OlloBot recognizes that not everyone's lifestyle is suited for pet ownership—and that's perfectly fine. Cyber-pets, as a completely new category, is not intended to replace living pets, but rather to offer an alternative companionship option that better accommodates diverse lifestyles.
The core significance of International Pet Day lies in raising awareness of the importance of companionship. Whether it is a living pet or a cyber-pet, the essence is to provide people with emotional comfort and fill the void of companionship. This is precisely why we created OlloNi—your brand-new cyber companion, designed to fit into your life, rather than forcing you to adapt to it.
As the core carrier for a new breed of cyber-pets, OlloBot breaks through the functional limitations of traditional electronic pets by deeply integrating emotional companionship with precious memories to perfectly meet the core demand for companionship in modern households. At the 2026 CES, the 'pet attributes' of OlloBot were fully demonstrated. Many industry insiders at the event suggested that cyber-pet cafes/stores may emerge in the future, providing immersive companionship experiences for those unable to keep living pets. It is worth noting that this is also confirmed by the diversification trend in the pet market. In the past, pet stores were mostly dominated by cats and dogs, but today, exotic pet cafes and niche pet experience stores are now everywhere, this is exactly a reflection of people's growing demand for diversified forms of companionship. The emergence of cyber-pet represents an extension and evolution of this trend.
Through its expressive eyes, lively body movements, and emotionally responsive voice, OlloBot accurately simulates the emotions of a living creature, appearing like a real pet with genuine feelings that can sense the user's mood. It plays and interacts with children, filling the gap in parental companionship just like a family pet. With built-in camera and video capabilities, it captures joyful family moments, freezing these fleeting memories into exclusive images that preserve the warmth of home. All of this is the unique value of cyber-pet as a new category. It does not compete with live pets, but rather expands the boundaries of companionship in a completely new way, becoming a fresh alternative for those need companionship.
'We're not here to replace real pets, we're just filling a long-overlooked gap. Adoption is wonderful for those who can, but we believe everyone deserves the joy of companionship, no matter your living situation,' said Lyn, the founder of OlloBot. As a "raisable" electronic pet, OlloBot retains the companionship traits of traditional pets while breaking time and space constraints through technology, overcoming the limitations of conventional pets in many companionship scenarios. It requires no extensive time or care, yet stays close to family members at all times, capturing precious family moments and conveying emotional warmth. This is precisely the core advantage of cyber-pet" as a new category, and exactly the "Cyber-pet Companionship" brand image OlloBot aims to establish.
The International Pet Day has brought 'companionship' into the global spotlight. OlloBot perfectly integrates technology and companionship, redefining how modern families experience companionship. Looking ahead, OlloBot will remain committed to to its cyber-pet positioning, deepening its focus on home scenarios, and continue refining the product's emotional interaction and lifelike presentation. This will enable more families to "raise" their very own cyber-pet, and together with pet lovers worldwide, embrace the life philosophy that 'companionship is beauty'.
NEW YORK, April 11, 2026 /PRNewswire/ -- On the occasion of International Pet Day this April 11, the discussion on companionship is embracing an entirely new perspective. As the population living alone continues to expand, the demand for pet companionship has been on a steady rise, with young people, seniors living alone, and children emerging as the groups with the most concentrated need for companionship. However, practical constraints are making it increasingly difficult to keep a pet, forcing many people who crave companionship to give up on adopting a pet. Adoption will always be the best choice for those ready to welcome a furry companion into their home. OlloBot recognizes that not everyone's lifestyle is suited for pet ownership—and that's perfectly fine. Cyber-pets, as a completely new category, is not intended to replace living pets, but rather to offer an alternative companionship option that better accommodates diverse lifestyles.
The core significance of International Pet Day lies in raising awareness of the importance of companionship. Whether it is a living pet or a cyber-pet, the essence is to provide people with emotional comfort and fill the void of companionship. This is precisely why we created OlloNi—your brand-new cyber companion, designed to fit into your life, rather than forcing you to adapt to it.
As the core carrier for a new breed of cyber-pets, OlloBot breaks through the functional limitations of traditional electronic pets by deeply integrating emotional companionship with precious memories to perfectly meet the core demand for companionship in modern households. At the 2026 CES, the 'pet attributes' of OlloBot were fully demonstrated. Many industry insiders at the event suggested that cyber-pet cafes/stores may emerge in the future, providing immersive companionship experiences for those unable to keep living pets. It is worth noting that this is also confirmed by the diversification trend in the pet market. In the past, pet stores were mostly dominated by cats and dogs, but today, exotic pet cafes and niche pet experience stores are now everywhere, this is exactly a reflection of people's growing demand for diversified forms of companionship. The emergence of cyber-pet represents an extension and evolution of this trend.
Through its expressive eyes, lively body movements, and emotionally responsive voice, OlloBot accurately simulates the emotions of a living creature, appearing like a real pet with genuine feelings that can sense the user's mood. It plays and interacts with children, filling the gap in parental companionship just like a family pet. With built-in camera and video capabilities, it captures joyful family moments, freezing these fleeting memories into exclusive images that preserve the warmth of home. All of this is the unique value of cyber-pet as a new category. It does not compete with live pets, but rather expands the boundaries of companionship in a completely new way, becoming a fresh alternative for those need companionship.
'We're not here to replace real pets, we're just filling a long-overlooked gap. Adoption is wonderful for those who can, but we believe everyone deserves the joy of companionship, no matter your living situation,' said Lyn, the founder of OlloBot. As a "raisable" electronic pet, OlloBot retains the companionship traits of traditional pets while breaking time and space constraints through technology, overcoming the limitations of conventional pets in many companionship scenarios. It requires no extensive time or care, yet stays close to family members at all times, capturing precious family moments and conveying emotional warmth. This is precisely the core advantage of cyber-pet" as a new category, and exactly the "Cyber-pet Companionship" brand image OlloBot aims to establish.
The International Pet Day has brought 'companionship' into the global spotlight. OlloBot perfectly integrates technology and companionship, redefining how modern families experience companionship. Looking ahead, OlloBot will remain committed to to its cyber-pet positioning, deepening its focus on home scenarios, and continue refining the product's emotional interaction and lifelike presentation. This will enable more families to "raise" their very own cyber-pet, and together with pet lovers worldwide, embrace the life philosophy that 'companionship is beauty'.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Meet OlloNi -- Redefining the cyber-pet, your low-burden cyber companion
