Banks Begone: UN’s World Food Programme Builds on Ethereum Blockchain Money Transfers


The post Banks Begone: UN’s World Food Programme Builds on Ethereum Blockchain Money Transfers appeared first on CCN

The United Nations’ World Food Programme is expanding its Ethereum-based blockchain payments system to avoid the transfer fees incurred via the traditional banking system. Over a year ago in January 2017, the World Food Programme (WFP) successfully tested ‘Building Blocks’, an early experiment that enabled the transfer of WFP food and cash on a public

The post Banks Begone: UN’s World Food Programme Builds on Ethereum Blockchain Money Transfers appeared first on CCN

Posted by Samburaj Das on February 19, 2018 @ https://www.ccn.com/banks-begone-uns-world-food-programme-builds-ethereum-blockchain-money-transfers/

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