United Nations Agency Partners with Algorand Foundation to Launch Blockchain Academy

United Nations Agency Partners with Algorand Foundation to Launch Blockchain Academy
courtesy of cointelegraph.com

UNDP to Upskill 22,000 Staff Members in Blockchain Technology

The United Nations Development Programme (UNDP) is taking steps to harness the power of blockchain technology by partnering with the Algorand Foundation. The goal is to launch a blockchain academy in 2024 that will provide training and education to the UNDP's 22,000 staff members across 170 countries.

Empowering UN Practitioners for Sustainable Development

By equipping its staff members with knowledge about distributed ledger technology and blockchain, the UNDP aims to empower its practitioners to address complex global challenges. The curriculum will include lectures, workshops, and hands-on assignments to ensure that the team has the necessary tools to utilize blockchain technology effectively.

Unlocking the Potential of Blockchain in Various Areas

The partnership with the Algorand Foundation will enable the UNDP to explore the potential of blockchain in various areas, including financial inclusion, supply chain transparency, real-world asset tokenization, and digital identity applications. By leveraging blockchain technology, the UNDP hopes to contribute to achieving the Sustainable Development Goals.

A Long-Standing Interest in Blockchain

This is not the first time the United Nations has shown an interest in blockchain technology. In 2018, the UNDP partnered with the Blockchain Charity Foundation to support the application of distributed ledger technology for social good. Additionally, UN Secretary-General António Guterres established a 'High-Level Panel on Digital Cooperation' in the same year, with a focus on blockchain.

Overall, this partnership between the UNDP and the Algorand Foundation marks an important step towards harnessing the potential of blockchain technology for sustainable development. By upskilling its staff members, the UNDP aims to be at the forefront of blockchain innovation and utilize it to address global challenges.