The UN Development Programme said blockchain payment trials in five countries reduced costs and strengthened resilience. The findings will guide broader use across its humanitarian and development programs.
The UN Development Programme said blockchain payment trials in five countries reduced costs and strengthened resilience. The findings will guide broader use across its humanitarian and development programs.
The development matters for the crypto ecosystem because it moves the technology from limited trials toward wider operational use within a major international organization. The results may shape how blockchain payments are deployed across UNDP activities.
The United Nations Development Programme is moving its Stellar-based blockchain payment initiative beyond the pilot stage after trials in five countries. The agency said the tests lowered costs and improved payment resilience.
The development matters for the crypto ecosystem because it moves the technology from limited trials toward wider operational use within a major international organization. The results may shape how blockchain payments are deployed across UNDP activities.
UNDP plans to use lessons from the five-country pilots to inform broader adoption across its humanitarian and development programs. The agency did not provide further details about the scale or timing of that expansion in the supplied material.
The initiative adds to efforts to evaluate blockchain infrastructure for practical payment needs. UNDP’s next phase will test whether the cost and resilience benefits observed during the pilots can extend across a wider range of programs.
Keep exploring
Bitget plans to exit the Japanese market and close all remaining positions by the end of the year. The move adds to ongoing shifts among crypto companies navigating Japan’s regulatory environment.
Read
CoinDesk’s State of Crypto coverage counts down recent developments shaping the crypto policy and market landscape. The report frames these changes as important for how companies and participants navigate the sector.
Read
Strategy said it is holding the dividend on its STRC preferred stock at 12%. The decision keeps the payout unchanged for investors in the company’s yield-focused security.
Read