On 25 October 2018 in Kazakhstan, students at the international Youth4Health hackathon in the field of primary health care in search of healthcare-related solutions to ensure equal opportunities for all people.
Blockchain
Smart contracts for transparent and accountable business processes
investment Stage
Growth Stage
investment status
Active

UNICEF’s integrated system of business processes that governs resource allocation and transaction processing generates cost in terms of processing lead time and human resources. Where it can be harnessed, blockchain technology, including smart contracts, crypto-currency and other technology, promises increased efficiency, lower cost and quicker processing lead times. Open blockchains provide significant potential for automating components of transaction processes including through the combination of data mining approaches, machine learning/AI and other emerging solutions. The UNICEF Kazakhstan Country Office is piloting blockchain smart contract for the internal use cases that aim to improve the transparency and accountability of partnerships and related transfers of resources to implementing partners. A robust infrastructure for UNICEF's on-going, inter-country collaboration on smart contracts, blockchain and other fintech has been established in Kazakhstan, comprising a network of technical universities, business incubators, and national venture funds, and reaching to the wider Russian-speaking region. Thus far, over 3,000 young people benefitted from 8 blockchain hackathons, acceleration programme, workshops and master-classes jointly organized with partners, testing solidity solutions for simple smart contracts based around UNICEF transaction scenarios, and health and social protection use cases.

Alignment with unicef strategic areas