UN to Use Blockchain in Development of ‘City for All’

Asia Blockchain Review
July 14, 2019

Afghanistan is seeking to rebuild its infrastructure through a program called “City for All” with aid from The United Nations (UN), employing blockchain technology in the process, according to a report by tech news website The Sociable.

The United Nations Office of Communication and Information Technologies (UN-OICT) is working towards creating a sophisticated solution using blockchain innovations. 

Blockchain as Essential Tool for Achieving Goals

Stephane Dujarric, spokesperson for UN Secretary-General António Guterres, said that key requirements needed to achieve the goals of City of All project include effective land management, strategic urban planning, and improved municipal financing.

According to Dujarric, blockchain will be the key to achieving these fundamental components.  “The blockchain solution shall serve as a key tool in the delivery of these fundamental components,” he added.

Part of a Larger Blockchain Program

It was reported that the project is a part of a memorandum of understanding (MoU) signed in New Delhi between the UN-OICT and the UN-Habitat. The goal of the MoU is to promote a framework of cooperation between developing nations regarding new technology tools and platforms. It mainly focuses on urban design and planning, with Afghanistan, India, Bangladesh, and Sri Lanka being the major nations involved so far.

The UN also aims to extend the use of these innovative tools to other countries across South Asia, as well as to work on the development of emerging technology tools and digital platforms for urban design and planning.

This program would not be the first UN blockchain-focused project, as the organization has already deployed DLT in other fields such as the healthcare in the East African region. The organization has also launched a blockchain-based credit bureau platform for Sierra Leone’s financial sector.

Source: https://sociable.co 


 

    Related Article
    Blockchain Enables Verification of COVID-19 Immunity
    Given the virus is not going to disappear in a hurry and we are some time away from vaccinating the ...

    November 21, 2020

    Illicit Cryptocurrency Activity: A Concern
    Market regulators such as SEC has accepted cryptocurrencies as a financial instrument and are consta...

    November 20, 2020

    IBM Using Blockchain to Help Businesses Reopen during COVID-19
    IBM’s healthcare unit, IBM Watson recently announced that they will soon be launching an app to supp...

    November 20, 2020

    Canadian Pacific Railway Collaborates with TradeLens
    Canadian Pacific Railway recently collaborated with TradeLens in a bid to improve its efficacy as an...

    November 19, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us