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The Algorand Foundation establishes the Humanitarian Payment Committee to leverage blockchain technology to enhance aid transparency.

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Odaily
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Jun 25, 2024

The Algorand Foundation leadership has established a Humanitarian Payments Committee aimed at enabling United Nations agencies and non-governmental organizations to utilize blockchain for aid payments, ensuring secure, transparent, and traceable delivery. Committee members include Circle, Worldpay Global, Mercy Corps Ventures, UN Development, HesabPay, among others, who will also develop a blockchain-based roadmap for cash programs in disaster-affected areas.

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