NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains

World Food Programme Uses Blockchain to Alleviate Hunger

Gautham
Gautham
Last Updated: April 3, 2018 7:41 am
2 mins read
world food programme

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Blockchain technology has become popular across various industry segments due to its versatile nature. Applications built on the distributed ledger can be implemented to solve a range of problems, improve the efficiency of existing systems and even bring in transparency. All these qualities are something critical in today’s social sector. Realizing its potential advantages, the United Nations World Food Programme has gone ahead to explore and implement the crypto-technology in its operations.

The World Food Programme, working across the globe to fight hunger and malnutrition is making use of the Ethereum blockchain to provide the much-needed assistance to the hungry population in the developing world. The pilot program called “Building Blocks” has successfully demonstrated its capability by enabling the organization to quickly and safely deliver aid to the needy. Being tested in Pakistan, the Building Blocks program offers food as well as cash assistance for sustenance and procurement of necessary supplies to the needy.

Until now, providing cash assistance has been a tricky part for many organizations due to lack of transparency, corruption, and misuse of funds. But with transparency and immutability offered by blockchain platforms like Bitcoin and Ethereum, things have become much easier. According to reports, the pilot program in Pakistan’s Sindh province saw the disbursal of food and cash authenticated and recorded over a public blockchain using smartphones.

The records generated on the blockchain were used to compare disbursements with entitlements to ensure they match. The use of blockchain in the WFP has brought in accountability to the whole process. The WFP blog quotes Farman Ali from its Karachi provincial office saying,

“Blockchain can revolutionize the way WFP delivers assistance to vulnerable families across the globe. It can bring us closer to the people we serve and allow us to respond much faster.”

The Ethereum blockchain application is a project of the World Food Programme’s Innovation Accelerator. The accelerator is created for one purpose — to make sure no one goes hungry by supporting new ideas, tools, and solutions that have the potential to achieve it. Based out of Munich, Germany WFP Innovation Accelerator has received the recognition of being Fast Company’s Most Innovative Companies of 2017 in the food sector.

Ref & Image: WFP Insight 
Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details

After encountering significant resistance around the $94,000 local high, Bitcoin has retraced to a psychological and technical key support at...

Semilore Faleti 4 hours ago
Bitcoin

Bitcoin Price Hits Crash Line, But This Time Is Not Random

According to a new technical analysis, the Bitcoin price has returned to its “Crash Line,” fueling talk of a possible...

Scott Matherson 6 hours ago
Bitcoin

Bitcoin Maintains Mid-$90k Levels: Possible Price Targets — Analyst

Bitcoin is presently trading around the $90,000 price mark after a recent failure to break past $94,000 price barrier. Notably,...

Semilore Faleti 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Attention, Bitcoin Bulls: Here’s Why $99K Might Be The Next Crucial Level To Watch

Opeyemi Sule 10 minutes ago
Chainlink

Chainlink Stuck In A Micro-Range As Traders Await A Clear Trigger

Godspower Owie 1 hour ago
Bitcoin price

Analyst Sets $105K As Next Bitcoin Price Target — Here’s The Timeline

Opeyemi Sule 3 hours ago

Premium Sponsors

Press Releases

  • パイネットワーク 価格は2026年にどう動く?Piコイン予想と注目の新規暗号資産

    パイネットワーク...

    3 hours ago
  • リップル 今後に注目:XRP ETF流入12.2億ドルで市場心理が反転、上放れの兆し

    リップル 今後に注目:XRP...

    4 hours ago
  • 仮想通貨 おすすめ:WLFI(ワールド・リバティ・ファイナンシャル)価格予想と次に急騰が狙われる暗号資産

    仮想通貨...

    4 hours ago
  • 2026年に向けて今買うべき暗号資産は?ソラナ・スイ・レンダーと注目アルトコインを検証

    ...

    7 hours ago
  • 2026年にミームコイン市場が反発、「今注目の暗号資産」は

    ...

    7 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.