United Nations organizations exploring blockchain solutions for aid distribution, climate change, identification, remittances, and smart contracts

Briefing

United Nations organizations exploring blockchain solutions for aid distribution, climate change, identification, remittances, and smart contracts

September 4, 2017

Briefing

  • Aid Distribution – United Nations’ World Food Program (WFP) distributed aid to 10,000 Syrian refugees on May 31, 2017 in form of electronic vouchers built on Ethereum blockchain, with plans to expand program in 80 more countries
  • Climate Change – Experts at UN Climate Conference suggested blockchain be used to develop peer-to-peer renewable energy trading platform, as well as for crowdfunding renewable projects, and monitoring greenhouse gas emissions
  • IdentificationID2020 Alliance, collaboration of UN agencies, non-profits, companies, governments, and other enterprises to provide blockchain-based digital ID system
  • Remittances – IFAD and other UN organizations exploring blockchain for receiving and sending remittances, cutting on transaction fees
  • Smart Contracts – UNICEF Ventures suggesting blockchain solution for facilitating smart contracts for international transactions, eliminating fraud

Accelerator

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Non-Governmental Organizations (NGOs)

Organization

United Nations

Source

Original Publication Date

September 3, 2017

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