Despite the raging debate that exists about the value of cryptocurrency and whether or not it should be implemented on a larger level, blockchain which is the technology behind cryptocurrency has seen a greater amount of use in the last few years. This is because the technology can be applied in almost every facet of life from healthcare to commerce to even humanitarian causes. Even China, who has been famously anti-crypto for a certain amount of time, saw their President call for more blockchain innovation this year and it seems the increased use of blockchain is only going to continue into the next few years.

It seems the United Nations will be one of the organizations to embrace blockchain as according to a December 28, 2019 report, United Nations (UN) secretary-general António Guterres has urged for more blockchain use within the UN.

More Blockchain 

According to the secretary-general, if the United Nations is to achieve its goals for the near future, it will have to become more technologically advanced and this includes technology such as blockchain.

“For the United Nations to deliver better on our mandate in the digital age, we need to embrace technologies like blockchain that can help accelerate the achievement of Sustainable Development Goals,” he said.

Gutierrez has also spoken highly of blockchain in the past as in July 2018, he created a “High-Level Panel on Digital Cooperation,” and part of the agenda for this project was blockchain technology.

He has also stated that there has been a significant decline in trust in national institutions, states, and rule-based world orders and that the use of technologies such as blockchain could help to mitigate this and restore trust among the general public.

“Organized criminal networks lurk on the dark web, profiting from encryption and near-anonymous cryptocurrency payments to traffic in people and illegal goods,” he said. 

It should be noted that blockchain has been applied in a number of goodwill causes such as the tracking of donations to ensure that they reach their intended recipients as well as the donation of cryptocurrency in times of disaster.

What's your reaction?
Happy0
Lol0
Wow0
Wtf0
Sad0
Angry0
Rip0
Leave a Comment