The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures the funds are instantly transferred to the intended recipients.
Only ‘Most Impacted and Vulnerable People’ Qualify
The United Nations High Commissioner for Refugees (UNHCR) and the Stellar Development Foundation (SDF), an organization supporting the growth of the Stellar blockchain, announced on Dec. 15 the launch of a “blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) and other war-affected people in Ukraine.”
In a statement, the agency said it had, alongside the United Nations International Computing Centre (UNICC), become the first “to pilot the new Stellar-based aid disbursement solution.” Lauding the pilot phase, which is designed specifi
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