The United Nations will add thousands of employees in blockchain technology

The United Nations Will Add Thousands Of Employees In Blockchain Technology



The United Nations, tasked with helping countries end poverty, is set to boost its 22,000 staff with blockchain technology.

According to a November 30 announcement, the United Nations Development Program (UNDP) has partnered with the Algorand Foundation to launch a Blockchain Academy in 2024.

The academy serves UNDP's 22,000 staff in 170 countries, teaching them about distributed ledger technology and blockchain for financial inclusion, supply chain transparency, real-world asset tokenization and digital identity applications.

At the Algorand Impact Summit in New Delhi, UNDP's alternative finance and low carbon development expert, Robert Pacico, told the audience that the partnership “enables, empowers and inspires UN professionals around the world.”

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The curriculum will include lectures, workshops and hands-on activities that will “help equip our team with the tools needed to tackle complex global challenges using blockchain technology,” Pacico said.

Doro Unger Lee, Head of Education and Inclusion at the Algorand Foundation, added that education is “a critical first step in helping to achieve the Sustainable Development Goals by identifying and delivering practical and on-the-ground blockchain issues.”

Related: Blockchain's role in agriculture and how it can advance the United Nations' Sustainable Development Goals

Algorand is a layer-1 blockchain that delivers secure, efficient and scalable applications. Native ALGO has seen little movement since the announcement and at the time of writing was trading at $0.135, up 1.5% on the day.

The United Nations has been investigating blockchain applications for several years. In the year In 2018, UNDP partnered with the Blockchain Charity Foundation (BCF) to support the application of DLT for social good.

Also In 2018, UN Secretary-General Antonio Guterres created a ‘High-Level Panel on Digital Cooperation' focusing on blockchain technology.

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