HLPF Side Event Explores the Role of Blockchain Technology in Advancing SDGs

Americas, Events, ICT, News, August 7 2018

digital representation of circuits leading to a lock

Courtesy: iStockphoto/alengo

NEW YORK, USA: On Wednesday, 11 July 2018, on the sidelines of the High-level Political Forum on Sustainable Development (HLPF), the UN Economic Commission for Europe (UNECE), the UN Office for Project Services (UNOPS), the Government of Slovenia, and the Dutch Blockchain Coalition organized a roundtable to explore the role of blockchain technology in advancing achievement of the SDGs.

During the event titled, ‘Blockchain for Transformation: Towards Sustainable and Resilient Societies,’ Olga Algayerova, UNECE Executive Secretary, said blockchain technology, which is known for storing and tracking cryptocurrency transactions such as Bitcoin, can also help advance SDG implementation and monitoring. She highlighted blockchain technology applications related to reducing food waste in the supply chain (SDG target 12.3), ensuring consumers have relevant information for sustainable lifestyles (SDG targets 12.6 and 12.7), and providing legal identities and financial services to refugees and the very poor (SDG targets 2.3 and 16.9).


For the full article, visit the source: IISD SDG Knowledge Hub

Re-posted with permission

Share this post: