Algorand Foundation Leaders Form Humanitarian Payment Committee

Golden Finance reported that the Algorand Foundation has led the establishment of the Humanitarian Payments Committee, whose members include Circle, Worldpay Global, Mercy Corps Ventures, UN Development, and HesabPay, with the aim of using blockchain technology to completely transform aid delivery. The committee's objective is to provide advice to the United Nations, institutions, and non-governmental organizations on using blockchain for aid payments, ensuring secure, transparent, and traceable delivery. In addition, they will develop a blockchain-based cash program roadmap for impoverished areas.