• 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

Google's Alphabet Stock Issues First Dividend of 2026

chest

Alphabet Inc. has paid its first dividend of 2026, providing passive income to investors.

user avatarLi Weicheng

Bitcoin Whale Wallets Surge Despite Market Corrections

chest

The number of Bitcoin whale wallets has increased by over 753 in the past three months, indicating sustained confidence among major investors despite market corrections.

user avatarAisha Farooq

Bitcoin Exchange Reserves Reach Historic Low Amid Market Pressures

chest

Bitcoin exchange reserves have reached their lowest level ever, with only 272 million BTC available on crypto exchanges, representing just 13.60% of the circulating supply.

user avatarTenzin Dorje

Analyst Predicts Dogecoin Could Reach New Highs

chest

Analyst Javon Marks discusses Dogecoin's potential breakout, suggesting price targets of 0.6533 and 1.25111, indicating a bullish trend.

user avatarBayarjavkhlan Ganbaatar

Survey Reveals Diverse Strategies for Digital Asset Solutions Among Financial Firms

chest

A new survey from Ripple reveals that 72% of financial executives believe digital asset solutions are essential for competitiveness, showcasing diverse strategies among fintechs, corporate firms, and banks.

user avatarMohamed Farouk

Bitcoin Price Faces Bearish Pressure Amid Profit-Taking

chest

Recent analysis indicates that Bitcoin's price is under bearish pressure due to increased profit-taking among investors.

user avatarElias Mukuru

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.