This policy can promote the development of blockchain.
Binance News
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United Nations Pension Fund Adopts Blockchain Technology to Verify Global Pension Recipients' Identities
According to reports from Wu, the United Nations has released a white paper stating that its pension fund has introduced blockchain technology to verify the identities and living statuses of over 70,000 pension recipients across 190 countries. The system was first piloted in 2020 and began actual deployment in 2021, developed in collaboration with the United Nations International Computing Centre and the Hyperledger Foundation. The report points out that the blockchain-supported 'digital rights certificate' enhances processing efficiency and transparency, reduces human errors and payment interruptions, and avoids the single point of failure issues of centralized systems.
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