• 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

LiquidChain Launches Innovative Crosschain Liquidity Layer

chest

LiquidChain, a Layer 3 infrastructure provider, is launching a new protocol designed to enhance crosschain liquidity and improve capital efficiency in transactions between Bitcoin, Ethereum, and Solana.

user avatarEmily Carter

Farcaster Founders Launch Tempo for Global Stablecoin Payments

chest

Dan Romero and Varun Srinivasan, the founders of Farcaster, have launched Tempo, a platform aimed at enhancing global stablecoin payment systems.

user avatarTomas Novak

Gold Price Faces Critical Test at 5100

chest

Gold is currently testing a crucial price level of 5100, with signs of consolidation and potential drops affecting its momentum.

user avatarKaterina Papadopoulou

SUBBD Token Presale Raises $147 Million Amid Strong Investor Interest

chest

The presale of SUBBD Token has raised $147 million, attracting strong interest from investors and offering a 20% APY for staking.

user avatarMaya Lundqvist

Bitcoin Hyper Attracts Investment Amid Market Downturn

chest

Bitcoin Hyper is gaining traction with significant investments from whales, raising $313 million in its presale despite the overall market decline.

user avatarLi Weicheng

Global Crypto Markets Retract Amid US Government Shutdown Fears

chest

The global cryptocurrency market has seen a decline of approximately 2% due to rising concerns over a potential US government shutdown.

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.