The World Food Programme & Blockchain
The World Food Programme, a United Nations effort responsible for feeding up to 100 million people globally, is using blockchain technology hosted on Ethereum to reduce bank transfer fees by up to 98% and provide more assistance to those in need. Read more about the effort at Bloomberg. Stay tuned for more news about how blockchain can help refugees around the world.
“The adoption of the distributed-ledger technology shows how companies that need to make money transfers, register sales or even tally votes are picking and choosing among innovations of the Bitcoin revolution, many times choosing not to use the digital coins associated with them.”