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FinTech Rising

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BLOCKCHAIN WATCH 5/8/17

May 8, 2017 by Collin Canright

A branch of the UN just launched its first large-scale Ethereum test”

The United Nations (UN) began distributing funds to thousands of people in Jordan as part of a trial using the ethereum blockchain, reports CoinDesk. “For the next month, cryptographically unique coupons representing an undisclosed number of Jordanian dinars will be sent to dozens of shops in five refugee camps across the nation. Then, instead of using a smartphone or a paper wallet to access the funds, recipients will rely on yet another emerging technology.” Existing eye-scanning hardware already used to verify identities will be used to grant access to coupons.

Filed Under: Blockchain

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