UNDP Expands Stellar Blockchain After Pilots Slash Aid Payment Costs
9 Articles
9 Articles
UNDP expands Stellar blockchain after pilots slash aid payment costs
The United Nations Development Programme has expanded its partnership with the Stellar Development Foundation after blockchain payment pilots cut aid distribution costs from 10% to 2% and kept payments running during network outages. The United Nations Development Programme announced Monday…
Latest United Nations doubles down on Stellar after aid costs fall 80% – Details in
Bitcoin Stablecoins are increasingly becoming part of humanitarian aid delivery. The recent extension of the Stellar-UN partnership reflects broader experimentation with blockchain-based payment rails in humanitarian operations. According to the United Nations Development Programme (UNDP), the initial test pilot with Stellar on digital payments and tracking will enter a new scaling phase. In a statement, Robert Pasicko, UNDP Alternative Finance…
Stellar to Scale Blockchain Pilot in 17 Countries
Key Takeaways Pilot programs successfully reduced aid distribution costs from 10% to 2%. Blockchain infrastructure ensures 100% payment reliability even during severe cellular network outages. The initiative moves from “experimental pilots” to a standardized, institutionalized capability for UN country offices. Following 16 months of research and field testing, the initiative is moving beyond project-based funding cycles to provide UNDP country…
On Monday, the Stellar Development Foundation and one of the United Nations agencies announced the strengthening of their collaboration. What is this partnership? Article Stellar (XLM) renews its partnership with this branch of the UN appeared first on Cryptoast.
After several pilot projects in different countries, UNDP believes that this technology can now support a wider range of humanitarian and development programmes. The results achieved on the ground, particularly in Haiti and Syria, convinced the agency to extend the use of on-chain payments through a new agreement with the Stellar Development Foundation. This evolution marks a concrete progression of the blockchain in United Nations-led operation…
UNDP Expands Stellar Partnership To Scale Digital Payments Globally
The UNDP has expanded its partnership with the Stellar Development Foundation to integrate blockchain-based digital payments into humanitarian and development programs through 2027. Following successful pilots across multiple countries, the collaboration will focus on building governance frameworks and scaling secure, low-cost payment systems for global aid initiatives.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
