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Women of the United Nations – a United Nations entity for gender equality and women's emancipation – will use blockchain technology for money transfers to Jordanian refugee camps, according to a press release of the UN on September 18th.
For the announcement, UN Women in collaboration with the World Food Program (WFP) will use blockchain technology for monetary transactions in the fields of Za & # 39; atari and Azraq. The cumulative population of both fields is over 115,000.
Refugee women who participate in the United Nations money work program for women will be able to get their money directly without the assistance of third parties such as banks. The initiative will explore two options, allowing participants to obtain cash at the supermarkets stipulated by WFP or to directly pay for their purchases.
The new blockchain solution is based on a previous WFP project called Building Blocks, which has already allowed 76,000 Syrians to be sheltered by Zaatari to buy food using a scan of iris instead of cash or cards. To access their funds, participants explore their eye, which subsequently links to an account on a blockchain.
In addition, UN women offer courses to improve financial literacy through a series of seminars, in which participants can follow their recent purchases and view their Building Blocks Story.
The UN applies a wide range of blockchain solutions in its humanitarian projects. As previously reported by Cointelegraph, the organization collaborated with the World Identity Network (WIN) to create a blockchain-based digital identity system to combat child trafficking.
In addition, the UN will dedicate an entire section of the 73rd session of the General Assembly to discuss the use of the blockchain for the social good at the end of September.
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