United Nations Sends Aid to 10,000 Syrian Refugees Using Ethereum Blockchain

Date: 
19 Jun 2017
Source: 
CoinDesk

One of the largest-ever implementations of the ethereum blockchain for a charitable cause has just concluded a successful trial.

Completed on 31 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.

As revealed exclusively to CoinDesk, 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 Ethereum co-founder Gavin Wood, and blockchain big data firm Datarella.

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Type: 
General