UNDP Launches Blockchain Advisory Group with Ethereum Cardano and Stellar for Global Good

The United Nations Development Programme has started a fresh effort to use blockchain in meaningful ways. It created a new group that brings together major networks like , , and along with 23 other organizations.

What the New Group Aims to Do

The Blockchain Advisory Group held its first meeting on June 3 in Paris. The goal is simple. It wants to find real uses for blockchain that help people and governments. The focus stays on better financial access, digital identity systems, improved public services, and climate projects.

Instead of talking about token prices, the group looks at practical problems. These include messy payment systems, weak digital identity options, and the need for systems that work across borders.

Key Topics from the First Meeting

Financial inclusion and digital finance took center stage. Members discussed how blockchain can reach communities that banks often ignore. They also looked at ways to make digital identity safer and more widely accepted.

Other themes for future meetings include digital governance, public trust, legal identity, sustainability, and climate tracking. The group plans to meet twice a year to keep the conversation moving.

Building on Past Work

The UNDP already runs blockchain projects in Africa, Latin America, the Caribbean, Europe, Central Asia, the Middle East, and Asia-Pacific. These projects test how blockchain can add transparency and cut waste without replacing current systems.

Alongside the launch, the UNDP AltFinLab held events called Scaling Blockchain for Public Good. One event showed blockchain and decentralized AI projects that are moving toward real use in development programs.

Why This Matters for Everyday People

Blockchain can help governments deliver services faster and with less fraud. It can give people without bank accounts a safe way to save and send money. It can also track climate efforts so funds reach the right places.

The new group wants to match these ideas with the right technology. By working with established networks like Ethereum, Cardano, and Stellar, the UNDP hopes to move from ideas to working solutions.

Next Steps

The Blockchain Advisory Group will keep bringing policymakers, development experts, and blockchain teams together. Each meeting will pick one main theme and look for clear ways to work together.

This effort shows how blockchain is moving beyond speculation and into tools that can improve lives around the world.

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.