UN Women to Use Blockchain Technology in Refugee Work Program in Jordan

Published at: Sept. 20, 2018

UN Women — a United Nations entity for gender equality and empowering women — will use blockchain technology for cash transfers in Jordanian refugee camps, according to a UN press release September 18.

Per the announcement, UN Women in partnership with the World Food Programme (WFP) will use blockchain technology for money transactions at Za’atari and Azraq camps. The cumulative population of both camps is over 115,000.

Women refugees participating in the UN Women cash for work program will be able to obtain their money directly without the assistance of third parties like banks. The initiative will explore two options, allowing participants to get cash back at WFP-contracted supermarkets, or pay for their purchases directly.

The new blockchain solution  is based on a previous WFP project called Building Blocks, which has already allowed 76,000 Syrian refugees in Zaatari to purchase food using an iris scan instead of cash or cards. To access their funds, participants scan theirs eye, which subsequently links to an account on a blockchain.

Additionally, UN Women is offering courses to improve financial literacy via a series of seminars, wherein participants can track their recent purchases and view their Building Blocks account history.

The UN applies a wide range of blockchain solutions in its humanitarian projects. As Cointelegraph previously reported, the organization has partnered with the World Identity Network (WIN) to create a blockchain-based digital identity system to help fight child trafficking.

Furthermore, the UN is going to dedicate a whole section of the 73rd Session of the General Assembly to discuss the use of blockchain for social good in late September.

Tags
Related Posts
Australia's crypto ecosystem 2020: The spark for a DeFi explosion
For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long been enthusiastic adopters of new technology, from cellphones to smart homes, so it’s little surprise they’ve embraced crypto too. Chainalysis ranks Australia 20th out of 154 countries surveyed this year for its "The 2020 Geography of Cryptocurrency Report," citing favorable regulation that legitimizes the technology as driving "steady growth in adoption." Australian crypto educator Alex Saunders, founder of Nuggets News, said the Australian crypto community encompasses everyone from hardcore Bitcoin (BTC) maximalists to well-known Ethereans and …
Adoption / Dec. 20, 2020
PayPal is Hiring Crypto Engineers Amid Rumors of Bitcoin Integration
PayPal is hiring crypto and blockchain experts amid rumors that the global payment platform will enable direct cryptocurrency purchases for its 305 million users. The job descriptions its hiring for are publicly available on the company’s own job board. The first listing of note is for a job titled “Technical Lead - Crypto Engineer.” The listing describes that this person will be responsible for “new initiatives for PayPal global with a focus on agility, time-to-market and innovation. The role includes designing, developing and maintaining key crypto products/features targeted towards availability, performance and scalability of PayPal services.” The second listing worth …
Adoption / June 22, 2020
Wharton accepts crypto payments for blockchain program tuition fees
Crypto adoption scores another win with the Ivy League University of Pennsylvania, but there’s a catch. The Wharton School, one of the premier business schools in the United States, will accept Bitcoin (BTC) and other forms of cryptocurrencies for tuition fees, Bloomberg reports. However, the adoption is limited to its new online blockchain and digital assets program scheduled to start in January. Titled Economics of Blockchain and Digital Assets, the six-week program costs $3,800, and the university expects to attract thousands of students each year. The Wharton School will use Coinbase Commerce, the e-commerce platform of the United States-based crypto …
Adoption / Oct. 28, 2021
Alchemy Pay gains 77% after exchange listings and cross-chain integrations
The cryptocurrency ecosystem has come a long way since the launch of Bitcoin (BTC) and in the last few years smart contracts have revolutionized the industry. With that said, there is still plenty of progress to be made when it comes to integrating blockchain technology to peer-to-peer, business to business and business to consumer payment systems. Alchemy Pay aims to further the adoption of cryptocurrencies through its hybrid payments system and in the last week its ACH token gained 77% to trade at $0.0625 on Feb. 9. Three reasons for the uptick in ACH price include the cross-chain launch of …
Adoption / Feb. 9, 2022
The history and evolution of the fintech industry
The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as a result of technological and internet advances. As a result, new financial services and products have been created with the intention of enhancing accessibility, simplicity and effectiveness in the financial services industry. The 2008 global financial crisis aided the growth of fintech by increasing customer demand for non-traditional banking and financial services. By enabling customers to access financial services from any location at any time, the rise …
Adoption / Feb. 7, 2023