UNDP expands blockchain payments after pilot projects

3 min read

The UN Development Programme has agreed with the Stellar Development Foundation to expand its use of blockchain payment systems after 16 months of research and pilots in Haiti, Syria, Kenya, Guatemala and The Gambia, with additional projects in Colombia and Papua New Guinea. UNDP said the next phase will establish processes for country offices to use blockchain payments across more programs. Pilots showed measurable benefits: a Syria cash-for-work program reduced distribution costs from 10% to 2%, and a Haiti pilot kept processing payments during a cellular outage. UNDP also launched a Blockchain Advisory Group to guide wider use.

UNDP will expand blockchain payments after successful pilots