A United Nations agency responsible for helping countries eradicate poverty will improve the blockchain technology skills of its 22,000 employees, with the ultimate goal of helping countries achieve “sustainable development” growth.
According to a statement on November 30, the United Nations Development Program (UNDP) has partnership In partnership with the Algorand Foundation, the Blockchain Academy will be launched in 2024.
The academy will serve UNDP’s 22,000 staff across 170 countries, teaching them about distributed ledger technology and blockchain, including how to use it for financial inclusion, supply chain transparency, Real-world asset tokenization and digital identity applications.
At the Algorand Impact Summit in New Delhi, UNDP alternative finance and low-carbon development expert Robert Pasicko told the audience that the partnership would allow the organization to “empower UN practitioners around the world.” skills, empowerment and motivation”.
Pacico said the course will include lectures, workshops and practical assignments “to help equip our teams with the tools they need to use blockchain technology to address complex global challenges.”
breaking news from #AlgoImpactSummit
this @UNDP Launched the Algorand Blockchain Academy in partnership with the Algorand Foundation.
The Academy will be open to more than 22,000 United Nations staff from more than 170 countries.
— Algorand Foundation (@AlgoFoundation) November 30, 2023
Doro Unger-Lee, head of education and inclusion at the Algorand Foundation, added that education is a “crucial first step in identifying and delivering actionable practical use cases for blockchain to help achieve sustainability goals in many areas.”
related: The role of blockchain in agriculture and how it can advance the UN Sustainable Development Goals
Algorand is a layer-1 blockchain that provides secure, efficient, and scalable applications. Its native token, ALGO, saw little movement following the announcement, with the token up 1.5% on the day at $0.135 at the time of writing.
The United Nations has been researching blockchain applications for several years. In 2018, the United Nations Development Program partnership Cooperate with the Blockchain Charitable Foundation (BCF) to support the social welfare applications of DLT.
Also in 2018, United Nations Secretary-General Antonio Guterres established the High-Level Group on Digital Cooperation to focus on blockchain technology.
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