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How United Nations Development Programme is using blockchains for public infrastructure

Cointelegraph
The UNDP report details using blockchain in over 40 pilot projects to modernize and improve transparency in public systems globally.

Summary

The United Nations Development Programme (UNDP), in its report "New Tech, New Partners: Transforming development in the digital era," outlines a model for integrating blockchain technology into public systems to enhance transparency, speed, and accountability. The report showcases over 40 global pilot projects applying blockchain to areas like payment infrastructure, social safety nets, and climate finance, often through purpose-built partnerships involving governments and blockchain startups. UNDP views blockchain as a trusted ledger for coordination, emphasizing that its benefits are conditional upon strong institutional safeguards against risks like poor governance or flawed technical design. Central to their approach is platform-agnostic development to ensure digital infrastructure remains open, interoperable, and serves the public purpose, extending services in developing nations where trust and infrastructure are limited.

(Source:Cointelegraph)