United Nations Sends Aid to 10,000 Syrian Refugees Using Ethereum Blockchain

One of the largest-ever implementations of the Ethereum Blockchain for a charitable cause has just concluded a successful trial.
 
Completed on 31st May, the project run by the United Nation’s World Food Programme (WFP) was designed to direct resources to thousands of Syrian refugees by giving them cryptocurrency-based vouchers that could be redeemed in participating markets.
 
Alexandra Alden, a WFP innovation accelerator consultant who helped oversee the implementation, told CoinDesk:
“All funds received by the refuges from WFP were specifically used to purchase food items such as olive oil, pasta and lentils.”
 
The WFP intends to expand the project to include 100,000 individuals in Jordan as soon as August. If that goes according to plan, the effort is set to grow to serve the entire Jordanian refugee population by the end of 2018.
Click here to read the full story coindesk.com
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s