Blockchain technology has become popular across various industry segments due to its versatile nature. Applications built on the distributed ledger can be implemented to solve a range of problems, improve the efficiency of existing systems and even bring in transparency. All these qualities are something critical in today’s social sector. Realizing its potential advantages, the United Nations World Food Programme has gone ahead to explore and implement the crypto-technology in its operations.
The World Food Programme, working across the globe to fight hunger and malnutrition is making use of the Ethereum blockchain to provide the much-needed assistance to the hungry population in the developing world. The pilot program called “Building Blocks” has successfully demonstrated its capability by enabling the organization to quickly and safely deliver aid to the needy. Being tested in Pakistan, the Building Blocks program offers food as well as cash assistance for sustenance and procurement of necessary supplies to the needy.
Until now, providing cash assistance has been a tricky part for many organizations due to lack of transparency, corruption, and misuse of funds. But with transparency and immutability offered by blockchain platforms like Bitcoin and Ethereum, things have become much easier. According to reports, the pilot program in
Read more ... source: NewsBTC USA
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