Ethereum is helping UNICEF to test the effectiveness of tracking asset transfers on the blockchain

in #ethereum7 years ago

According to the announcement, UNICEF will enable entities to cooperate, generally over long distances via the internet, by leveraging EDCCs to eliminate intermediary parties, in terms of consensus conditions. The contracts will only execute if conditions are met and do not require third party verification. UNICEF will roll out a multi-signature EDCC which is displayed in a diagram below:

https://www.ethnews.com/unicef-to-test-ethereum-for-tracking-asset-transfers