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UN Scales Stellar Blockchain: Humanitarian Payments Move Beyond Pilot Phase to Global Implementation

July 6, 202602:08 PM
UN Scales Stellar Blockchain: Humanitarian Payments Move Beyond Pilot Phase to Global Implementation

The United Nations Development Programme (UNDP) is officially scaling its blockchain-based payment initiatives following a successful partnership with the Stellar Development Foundation. Moving beyond the pilot stage, the agency is now integrating public blockchain infrastructure into its broader humanitarian and development programs to streamline global resource distribution.

Data from recent pilots in Syria, Haiti, and Kenya highlight the massive efficiency gains provided by the Stellar network. Most notably, the UNDP reported that on-chain payment tracking slashed distribution costs from 10% to just 2% in Syria, while the decentralized nature of the technology ensured payment resilience during cellular network outages in Haiti, showcasing a vital tool for crisis management.

The agreement follows 16 months of research and pilot programs in Haiti, Syria, Kenya, Guatemala, and The Gambia, with additional projects in Colombia and Papua New Guinea. According to the UNDP, the next phase will establish the framework for country offices to utilize blockchain payments across a wider range of programs. The pilots yielded measurable success: in Syria, a 'Cash for Work' program utilizing on-chain records reduced distribution costs from 10% to 2%, while in Haiti, the system maintained payment processing capabilities even during cellular network outages.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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