UN Working Paper Explores How the Blockchain Can Empower Global Communities

More and more high profile financial and political institutions are taking notice of the blockchain technology of distributed ledgers, starting internal investigations and issuing position papers.
In January, Bitcoin Magazine reported that the International Monetary Fund (IMF) released a paper titled ‘Virtual Currencies and Beyond: Initial Considerations’ at the World Economic Forum in Davos. Similar papers have been issued by other mainstream institutions.
The RAND Corporation, an influential global policy think tank with strong U. S. defense and homeland security ties, released a report titled ‘National Security Implications of Virtual Currency.’ A recent report issued by the U. K. Government Office for Science, titled ‘Distributed ledger technology: beyond block chain,’explores how distributed ledger technology can revolutionize public policies and advocates the use of blockchains for a variety of public services.

This post was published at Bitcoin Magazine on February 17th, 2016.