UN agency moves Stellar blockchain payment initiative beyond pilot stage
The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its humanitarian and development programs.
The United Nations Development Programme (UNDP) has signed a new agreement with the Stellar Development Foundation to expand the agency’s use of blockchain-based payments after completing pilot projects in five countries, signaling a broader role for public blockchain infrastructure in its development programs.
The agreement follows 16 months of research and pilot programs in Haiti, Syria, Kenya, Guatemala and The Gambia, with additional projects in Colombia and Papua New Guinea, the agency said Monday. According to UNDP, the next phase will establish the process for country offices to use blockchain payments across a wider range of programs.
UNDP said the pilots produced measurable results. In Syria, a Cash for Work program that recorded payments onchain reduced distribution costs from 10% to 2%, while a pilot in Haiti continued processing payments during a cellular network outage.
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