• 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

OnChain Mind Analyzes Bitcoin's Potential Bear Market Bottom

chest

OnChain Mind suggests that Bitcoin may be approaching a bear market bottom, but further downside could be necessary.

user avatarLucas Weissmann

Recent Market Correction Severely Affects Proxy Bettors

chest

The recent market correction has severely affected proxy bettors, particularly those invested in MicroStrategy and related public pension funds.

user avatarFilippo Romano

Kolo's Integration with TRON Enhances Stablecoin Transactions

chest

Kolo integrates with TRON for TRC20 USDT transfers, enhancing stablecoin transactions.

user avatarTomas Novak

TRON Defends Key Price Level Amid Market Volatility

chest

TRON is working to maintain the 030 price level amid market volatility, with Kolo integrating TRC20 USDT transfers to enhance transaction efficiency.

user avatarEmily Carter

Moscow Exchange Expands Digital Asset Offerings

chest

Moscow Exchange plans to introduce new indices and futures for XRP, Solana, and Tron, enhancing trading options for investors.

user avatarKaterina Papadopoulou

XRP's Unique Payment Architecture Legally Protected by Patents

chest

An XRP community member highlights the legal patents that protect XRP's unique payment architecture, making it difficult for other cryptocurrencies to replicate its functionality.

user avatarMaya Lundqvist

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.