United Nations image via Shutterstock
9 May 2017 CoinDesk
The United Nations is a Swiss army knife of humanitarian aid.
When catastrophe strikes, dozens of agencies within the organization, founded in the aftermath of World War II, lay in wait in offices around the world, each with their own specialized role to alleviate suffering and establish peace.
But with billions of dollars at their disposal and organizational mandates that often overlap, keeping track of who needs what, and getting it to them quickly, is just part of the challenge.
Crucial to ensuring continued support, the agencies must also be able to prove that the taxpayer money donated by its 193 member nations actually accomplished its intended goals – a historically difficult balancing act.
One man, who has spent the last 25 years helping conduct this symphony of services, thinks that much of the difficulty can be alleviated by moving both the dispersal of aid and the internal operations of the UN itself to a blockchain. Read more.