UN to educate over 22,000 staff members on Blockchain, Web3: Here’s why

It seems that the United Nations is now getting ready to get on the Web3-express, as rules and regulations are beginning to emerge around the world to govern this specific area. With the aim of helping countries around the world achieve their sustainable development goals, the United Nations Development Program (UNDP) has decided to launch a Blockchain Academy next year in 2024. Through this initiative, UNDP is also looking to train 22,000 staff members in blockchain. Web3 Technologies.

UNDP is a branch of the United Nations that focuses on helping poverty-stricken parts of the world with strong policies, skills, partnerships and institutions. The organization now wants to train its staff members in 170 countries on how blockchain can be used to bring transparency to supply chains and increase financial inclusion, as well as improve digital identity applications and real-world asset tokenization.

To do this, UNDP has partnered with the Algorand Foundation, a non-profit that supports the eco-friendly green blockchain Algorand.

Commenting on the development, Robert Pasico, UNDP expert for alternative finance and low-carbon development, said, “The Algorand Blockchain Academy will be instrumental in equipping our team with the tools needed to solve complex global challenges using blockchain technology. “

Pacico made this announcement at the Algorand Impact Summit on November 30 in New Delhi.

The event will bring recorded lectures, interactive workshops and practical assignments around Blockchain and Web3 for UNDP staff members.

“We see this education and tooling initiative as an important first step towards identifying and delivering actionable, on-the-ground use-cases of blockchain to help achieve the Sustainable Development Goals across multiple sectors.” Let’s see,” said Doro Unger-Lee, chief. About education and inclusion at the Algorand Foundation.

The initiative will enter its beta mode between January and March 2024 after which it will gradually expand. It is noteworthy that UNDP is taking such a step now when many countries around the world are ready to adopt the Web3 sector, but within the rules and regulations.

For example, the MiCA framework in Europe was approved in October this year. First proposed in September 2020, the MiCA regulations largely revolve around consumer protection as well as the prevention of market manipulation and financial crimes in the crypto sector.

While Dubai and Abu Dhabi have drawn up their own crypto laws, G20 members are also now deploying the crypto roadmap that was recently finalized under India’s chairmanship.

These crypto laws are largely meant to make the industry safe for people to explore and be a part of. Ultimately, it is estimated that Web3 will create thousands of jobs around the world as the sector continues to expand.


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