Blockchain, a form of Distributed Ledger Technology, is providing new frontiers of innovation for sustainable development through decentralized authentication processes secured by cryptography. Blockchain technologies have developed rapidly over the last few years and have the potential to transform fundamental mechanisms that define the economy. Many UN agencies have seen the potential of this technology and are exploring how it can help achieve different outcomes to support implementation of the 2030 Agenda. It is therefore opportune for inter-agency actors in this space to connect and engage together, share their experiences…
The benefits of blockchain are well-established – trust, transparency, immunity to fraud among many others. Cryptocurrencies like bitcoin have existed since 2009 and despite its advantages, banks and governments have resisted the technology. Mr Mukunda Madhava Related Forums This forum has 429 topics, 83 replies, and was last updated 2 years ago by Wilton Luscombe. Viewing 15 topics - 1 through 15 (of 427 total) 1 2 3 … 27 28 29 → Topic Voices Posts Last Post Is it profitable to invest in crypto gaming in 2023 & beyond?…
In the Azraq refugee camp in Jordan, Syrian refugees queue in supermarkets where cashiers are equipped with iris scanners. Once identified using biometric registration data from the United Nations High Commissioner for Refugees (UNHCR), they can spend food vouchers provided by the UN World Food Program (WFP). Food voucher transactions for 100,000 refugees in Jordan are now recorded on the WFP’s Ethereum-based blockchain, a system called Building Blocks. By the end of 2018, WFP’s Director of Innovation and Change Management Robert Opp hopes that Building Blocks will serve 500,000 people — WFP’s…
Among the many challenges that blockchain technology is poised to solve, is ending poverty. While technological advancements have significantly reduced global poverty over the past century, it is still not gone. There are still more than 1.3 billion people in the world living in extreme poverty (defined as having less than $1.25 to spend each day). General causes for poverty include lack of access to banking facilities and lack of legal property ownership. Both of which are major issues in developing countries and can be solved with blockchain technology. (Credit:…
Post by: Rob Gear Blockchain is fundamentally a technology of trust, but transformative possibilities to benefit society more broadly are emerging. One area of blockchain’s potential that excites me is in helping capitalise on the $12 trillion opportunity of the UN’s Sustainable Development Goals (SDGs). We’re a partner of the UN Global Compact’s Project Breakthrough, which is helping companies embed sustainability in the innovation pipeline to tackle the SDGs. As part of this, we researched and wrote a series of executive briefs on how disruptive technologies could help organisations do…
Post by: Irfan Jafrey In September 2015, the 193 member countries of the United Nations adopted a developmental agenda to end poverty, protect the planet, pursue peace and ensure prosperity and well-being for all. This agenda was called the Sustainable Development Goals (SDGs). The 17 SDGs were built on three core elements: economic growth, social inclusion and environmental protection. These all aim to bring nations together to support one cause — a sustainable future for generations to come. With this, each goal is interconnected in that the success of one…
About half the world population, over 3 billion people, survive on less than $2.50 in a day. Moreover, 80% of the folks live on fewer than $10 per day. The most recent estimates by the World Bank also reveal a similar, gloomy picture. 10% of the global population lived on less than $1.90 per day as of 2015. In contrast, 11% of the world population lived on USD 1.90 in a day in 2013. So, there’s some improvement. However, there’s still a lot that needs to be done. Fortunately, in…
