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U.N Admission of Blockchain and Cryptocurrency Increases

Redwan Eid | Dec. 27, 2018
U.N Admission of Blockchain and Cryptocurrency Increases

December 27, 2018 | AtoZ Markets - The United Nations Office on Drugs and Crime (UNODC) is reportedly set to sign a partnership with the blockchain-based telemedicine and telepsychology firm doc.com, in pursues of expanding the basic healthcare services across Eastern Africa, for no charge.

According to the media, Amado Philip de Andres, Regional Representative for UNODC’s Regional Office for Eastern Africa (ROEA), recently said that the the global organisation is “willing to cooperate … in a new partnership.” With Doc.com, the tech company that provides blockchain-based 24/7 telemedicine and telepsychology platforms, where users can tokenize their personal data and sell it for accessing the services the company offers.

The partnership with the UNODC, will allow the company to release its platform in the African market, around the second quarter of 2019, as the reports inform.

Recently, the blockchain industry has been reported to be integrated in variant sectors, the thing that constitutes an indicator on the will and desire of adopting it as a solution for several issues different businesses have seen so far, as analysts read.

The U.N had made similar moves before.

In a connected news, AtoZ Markets reported earlier in December, that the United Nations International Children’s Emergency Fund (UNICEF) announced its investment in six blockchain startups, where the new investments were said to be part of the strategy the agency intends to implement in its humanitarian work line.

UNICEF announced it had already received more than 100 applications from 50 different countries.

The reaction the agency received was said to have come in response to the call the former released for young technology startups at the beginning of 2018.

In parallel, the announcement came while the humanitarian agency also stated investing $100,000 USD in many startups, “Using smart-contracts for organizational efficiencies, creating distributed decision-making processes, and working to build knowledge and understanding of distributed ledger technology both in the United Nations and in the countries where UNICEF works.”, as the reports read.

The U.N admits cryptocurrencies

In a similar context, the agency’s branch in France announced that it started to welcome donations in cryptocurrency, in addition to the fiat one, as AtoZ Markets reported late September, listing in 9 cryptocurrencies to be accepted in paying the organisation.

“UNICEF France goes further and offers virtual currency holders the opportunity to help the world’s children by making a donation in cryptocurrency.” UICEF France detailed on its website.”, stated the organisation on its website.

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.