According to the earlier reports, WFP started an Ethereum-based payments pilot project in 2017. The project is objected to increase the efficiency and clarity of cash transfers which are made to displaced Syrians living in Jordanian refugee camps.
The Belgium contribution would be used to develop the research which is presently being conducted on blockchain resolves by the agency. It will also be supplied in the unmanned aerial vehicle (UAV) project which is focused on gaining topographical data and producing damage analysis in order to better cope with natural disasters.
Alexander De Croo, the deputy prime minister and minister for development cooperation of Belgium, was the official representative to declare about the large contribution. He mentioned in his statement how it is important for Belgium government to invest in new cutting-edge technologies. De Croo claimed they also hold the great initiatives by WFP which rushes to “come up with innovative solutions to save more lives and help more people in need”.
Rehan Asad, WFP chief of staff, referred on the important announcement claiming that humanitarians should keep looking for better resolutions for world’s most unprotected people in the most promising digital technologies.
At present, some U.N. agencies study the blockchain applications and WFP is just one of them. Last year a blockchain working group was formed by U.N. Office for Project Services (UNOPS) that included several other UN agencies. The aim of their co-working was concluded in revealing more applications of the advanced technology in as more various spheres as possible.