UNICEF evaluates use of Ethereum to track digital asset transfers

in #ethereum8 years ago

In one of the recent texts published on the UNICEF United Nations Children's Fund blog, it can be read that the last essay is to try new ways to send transactions, including the use of smart contracts and self-executing code pieces that operate On a chain of blocks. The backbone of the work is the use of contracts of multiple signatures, on which they have published a diagram to exemplify the operation.

In this way, UNICEF will allow organizations to cooperate over long distances through the Internet, taking advantage of member countries' agreements to eliminate intermediaries, based on consensus guidelines. Contracts will only be executed if the conditions are met and do not require third-party verification. The goal is to take advantage of the transparency of Blockchain technology to show all interactions involving contracts from the outset; That is, authors could check this once they are registered in the chain of Ethereum blocks

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