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New UN Academy Aims to Bring Blockchain into Public Service

Key Takeaways

  • ​The UNDP is launching the Government Blockchain Academy to train officials in blockchain, AI, and digital currencies;
  • The academy will teach how to use technology like smart contracts and digital records to improve transparency and fight fraud;
  • Developed with Exponential Science Foundation, the program aims to turn tech experiments into practical solutions for public needs.

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New UN Academy Aims to Bring Blockchain into Public Service

The United Nations Development Programme (UNDP) is preparing to introduce a new learning platform called the Government Blockchain Academy.

According to the agency's blog post dated September 15, this program aims to help public officials understand and apply technologies such as blockchain, digital currencies, and artificial intelligence (AI) in their work.

It will be created in partnership with the Exponential Science Foundation, which advocates for responsible use of emerging technologies.

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The UNDP stated that the academy’s purpose is to support governments in making better use of digital tools to meet their national goals. The curriculum is expected to provide practical lessons that can be applied to real-world problems.

A part of the program will explore how blockchain can be used to increase trust and security in government systems.

Additionally, the academy aims to address the role of blockchain in improving transparency. One area of interest is the use of digital records to monitor public spending and reduce the risk of fraud.

Governments will also learn about smart contracts and how they can be applied in managing climate-related programs, such as tracking carbon credits.

According to Irena Cerovic, a UNDP regional lead, the goal is to help governments shift from testing new technologies to implementing them, while building stronger, more open systems.

Meanwhile, the London Stock Exchange Group (LSEG) recently rolled out Digital Markets Infrastructure (DMI), a new digital system that uses blockchain technology. How does it work? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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