The European nation of Belgium has contributed €2 million to support the United Nation's World Food Programme and its technology projects, including its blockchain-based payments pilot for refugees.
As CoinDesk has previously reported, WFP launched an ethereum-based payments pilot in 2017 with the intention of increasing the efficacy and transparency of cash transfers to displaced Syrians in Jordanian refugee camps.
Belgium's contribution will be used to expand research of the agency's blockchain solutions in addition to its unmanned aerial vehicle project, which it intends to use for topographical data collection and damage analysis to better cope with natural disasters.
"Belgium lauds the efforts of the WFP to come up with innovative solutions to save more lives and help more people in need."
The U.N's food assistance branch claims the project, dubbed Building Blocks, "Is delivering more [aid] for less, offering donors better value for money."
The WFP is one of several U.N. agencies exploring blockchain applications.
In 2017, the U.N. Office for Project Services organized a blockchain working group which, in addition to the WFP, includes the participation of the U.N. Development Programme, the U.N. Children's Fund, U.N. Women, the U.N. High Commissioner for Refugees and the U.N. Development Group.
WFP image via U.S. Department of Defense.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
€2 Million Donation to Fund World Food Programme Blockchain Project
pubblicato su Apr 20, 2018
by Coindesk | pubblicato su Coinage
Coinage
Notizie recenti
Vedi tutti
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.