UNHCR Starts Pilot Blockchain-Based Payment System for Ukraine War Victims
Dec 27, 2022
The United Nations Refugee Agency (UNHCR) recently unveiled a blockchain payment solution for the distribution of digital cash to Ukrainians impacted by the ongoing Russian invasion in collaboration with the Stellar Development Foundation, a company that supports Stellar, the blockchain network.
In a statement issued on Dec. 15, 2022, the agency stated that it was among the first to pilot the new Stellar-based aid disbursement solution, alongside the United Nations International Computing Centre (UNICC). According to the refugee agency, using the Stellar-based cash disbursement system ensures…
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