• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The UN will apply blockchain technology to support refugees

The UN will apply blockchain technology to support refugees

user avatar

by Max Nevskyi

2 years ago


The Office of the United Nations High Commissioner for Refugees (UNHCR) is actively exploring the use of blockchain technology to improve assistance to people forced to leave areas of military conflict.

During a panel discussion organized by Decentral House in Switzerland, Carmen Hett, Head of the Financial and Administrative Department of UNHCR, announced the development of a blockchain system for refugee identity verification. The event also gathered representatives of other international organizations, including the International Telecommunication Union (ITU) and the World Trade Organization (WTO), who discussed the integration of blockchain into their operations.

The goal of the UNHCR project is to provide fast and secure verification of refugee identities for receiving financial assistance to digital wallets, protecting their data, and minimizing commissions. Blockchain will also give refugees the ability to directly manage their funds, increasing their digital literacy. With transaction records on the network, the UN can transparently monitor operations, preventing fraud.

UNHCR plans to use USDC stablecoins, popular among traders and easily convertible into fiat money. Considering that there are over 114 million refugees worldwide, the use of blockchain will significantly simplify the UN's tasks, Hett emphasized. UNHCR has already successfully tested its blockchain solution in Ukraine, receiving the Best Impact Project Award at the Paris Blockchain Week in 2023.

Carmen Hett emphasized the importance of innovation in humanitarian institutions for effective assistance to people suffering from military conflicts and the need to adapt blockchain to the needs of vulnerable population groups.

Previously, the UN recognized blockchain as an effective tool in the fight against corruption. In 2020, the UN, in collaboration with the LTO Network, launched a blockchain platform for land rights registration.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Kalshi Teams Up with Game Point Capital to Revolutionize Sports Bonus Hedging

chest

Kalshi has partnered with Game Point Capital to provide innovative hedging solutions for performance bonuses in professional sports, offering prices significantly lower than traditional reinsurers.

user avatarEmily Carter

Kalshi Faces Regulatory Hurdles Amid State Bans on Sports Markets

chest

Kalshi is facing regulatory challenges as several states, including Massachusetts, Nevada, and Connecticut, have received court approval for temporary bans on its sports markets, arguing that its contracts are unlicensed sports betting.

user avatarFilippo Romano

BNB Chain Reports Strong On-Chain Growth Amid Price Consolidation

chest

BNB Chain has shown significant growth in transactions and real-world asset adoption despite price pressure, reporting a 30% increase in daily transactions and a 228% surge in real-world asset value.

user avatarTomas Novak

Hong Kong to Issue Crypto Licenses in March 2026 Amid China’s Ban

chest

Hong Kong is set to issue crypto licenses in March 2026, despite ongoing cryptocurrency restrictions in mainland China.

user avatarMaya Lundqvist

BRICS Dedollarization Concerns Impact Hong Kong's Crypto Licensing

chest

Concerns about BRICS dedollarization are complicating crypto licensing in Hong Kong, as stablecoins challenge China's monetary control.

user avatarKaterina Papadopoulou

HBAR Faces Technical Challenges Amidst Subdued Market Momentum

chest

Hedera HBAR is trading around the 0.09 mark, testing a key support level while facing bearish trends.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.