One of the largest-ever implementations of the ethereum blockchain for a charitable cause has just concluded a successful trial.
Completed on 31st May, the project run by the United Nation’s World Food Programme (WFP) was designed to direct resources to thousands of Syrian refugees by giving them cryptocurrency-based vouchers that could be redeemed in participating markets.
The platform was successfully used to record and authenticate transfers for about 10,000 individuals. The platform was implemented by Parity Technologies, a startup led by ethereumco-founder Gavin Wood, and blockchain big data firm Datarella.
Alexandra Alden, a WFP innovation accelerator consultant who helped oversee the implementation, confirmed:
“All funds received by the refuges from WFP were specifically used to purchase food items such as olive oil, pasta and lentils.”
The WFP is now in the process of gathering more detailed analytics, such as exactly how many transactions were conducted.
Extending the project
WFP intends to expand the project to include 100,000 individuals in Jordan as soon as August. If that goes according to plan, the effort is set to grow to serve the entire Jordanian refugee population by the end of 2018.
The agency eventually hopes to implement the service beyond the borders of Jordan.
“The plan is to expand the project pilot firstly across Jordan, but we are also evaluating use cases and potential applications in other regions.”
Currently, the agency is in talks with partners in the humanitarian and private sectors who can help it with its goal of achieving Zero Hunger by 2030, Alden said.
Notably, since the Jordan project was first initiated, the UN has revealed a wide range of blockchain projects being undertaken by other agencies under its umbrella.
Jordanian refugee camp shop image via Shutterstock
Adopted from original article