€2Mn Donation Fuels World Food Programme Blockchain Project
Blockchain

€2 million Donation Now Fuels World Food Programme Blockchain Project

It’s a well-deserved donation for UN’S World Food Programme

€2 million Donation Now Fuels World Food Programme Blockchain Project

Offering and receiving donations is nothing new. But, the contribution of around €2 million ($2.4 million) certainly makes the news. The European nation of Belgium has donated the amount to show its support to the United Nation World Food Programme (WFP) and some of its technology-based projects. And these projects also include blockchain based payment pilots to be given to refugee. 

The reports have made the rounds directly for the Coindesk that spill the beans further on the news. As per the previous reports from Coindesk on the same concern, World Food Programme (WFP)  has earlier launched an ethereum-based payment pilot in 2017 with an aim to increase the transparency of cash transfers to help the refugee camps in the Jordan.

"Only by finding better ways to deliver aid more efficiently will we close the gap between requirements and aid delivery on the ground," said Alexander De Croo, Belgium's deputy prime minister and minister for development cooperation, in a statement announcing the decision. WFP chief of staff Rehan Asad said in a statement that it is the time to innovate global solutions for similar problems. "Humanitarians must relentlessly look for ways to harness the most promising digital technologies in the service of the world's most vulnerable people," he said. "We are grateful to committed partners such as Belgium for helping us do just that."

Through this contribution, Belgium will get benefited to explore research of the agency's blockchain solutions in addition to its unmanned aerial vehicle (UAV) project. The project is an attempt to have more details on natural calamities and the ways to sail through such problems. 

The WFP is among the list of U.N. agencies that are working to explore the solutions for apt blockchain applications. In 2017, a blockchain working group was organized by the U.N. Office for Project Services (UNOPS) to work on the similar concern. In addition to the WFP, the participants for the same included Commissioner for Refugees (UNHCR) and the U.N. Development Group (UNDG), the U.N. Development Programme (UNDP), and the U.N. Children's Fund (UNICEF). 
 

MAD Team
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