UNHCR Gains Accolades for Using Blockchain to Help Displaced Ukrainians

Sponsored
Sponsored
Last week, the UNHCR received an award at the Paris Blockchain Week for its pilot project that uses blockchain to distribute money to those affected or displaced by the Ukrainian war. This award honors blockchain-based initiatives that have had a significant positive social impact and recognizes UNHCR’s dedication to finding revolutionary ways to help refugees and internally displaced people. Last year, the UNHCR successfully piloted the distribution of cash aid to persons displaced by the Ukrainian war using the stablecoin USD Coin, with money delivered into the recipient’s smartphone-accessible digital wallet. This was done in collaboration with the UNICC, SDF
Sponsored

Go to Source
Author: coinmaker

Sponsored
kryptonew

Share
Published by
kryptonew

Recent Posts

Tether CEO Denies Blockchain Plans as Stablecoin Operations Grow

Key Highlights Tether CEO Paolo Ardoino denied that the company is building or planning to…

2 hours ago

Bitget Restricts HTX, EXMO, and 14 Crypto Platforms in Compliance Push

Key Highlights Bitget is restricting transactions linked to 16 crypto platforms and entities, including HTX…

2 hours ago

BitGo Takes Lead in $26.6B Real-World Asset Market With 27.5% Share

Key Highlights BitGo held the largest share of real-world asset issuer TVL at 27.5%, with…

2 hours ago

Kalshi Challenges Nevada Over Geofencing and $120K Daily Fines

Key Highlights Kalshi accuses Nevada’s gaming regulator of breaking federal law over $120,000 in daily…

2 hours ago

Solana Founder Pitches Acquisition Strategy Tied to SOL Token Burns

Key Highlights Solana co-founder Anatoly Yakovenko suggested that temporarily increasing SOL issuance could be more…

2 hours ago

SOL Goes Live on XRP Ledger as Axelar Brings Solana to XRPL

Key Highlights SOL is now live on the XRP Ledger, giving users access to Solana’s…

1 day ago

This website uses cookies.

Read More