The United Nations World Food Program uses the Ethereum Blockchain to transfer coupons based on cryptocurrencies to refugees in Syria.
The platform created by Parity Technologies, led by Gavin Wood, co-founder of Ethereum He was able to transfer the coupons to 10 thousand people in total.
Wood said, “The money transferred to the refugees was used to buy food especially. With the success of this project, another goal has now been set.. The World Food Program (WFP) aims to further expand the project to include 100,000 people in Jordan by the end of 2018.” He said.
On the other hand, the United Nations (UN) is working on projects using Blockchain technology that can help the countries damaged by disasters to be delivered faster.
The usage area of blockchain technology is expanding
Projects planned by the United Nations show that Blockchain technology has the potential to truly impact the entire world and make the flow of transactions more efficient, more efficient.
A report by Oracle indicates that various industries will definitely be impacted by innovative Blockchain technology. reveals. Some of the industries expected to be positively impacted by blockchain technology will be the healthcare sector, the energy sector, and most importantly, governments.. With regard to governments, the flow of money transactions can be made more efficient and safer at the same time. This, in turn, can reduce the existence of inconsistency in finances.
If blockchain technology continues to be heavily considered by many institutions and businesses, more industries and sectors using blockchain technology may emerge.