how can blockchain help to end hunger? · food basket can be composed of rice, lentils, oil etc. or...
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How can Blockchain help
to end hunger?
@WFPInnovation
@giovanni_pio1
Giovanni PioHead of Global Change ManagementUnited Nations World Food Programme (WFP)
The challenge of global hunger
1990
1.0 bn
2000
926 m
2015
795 m
1990
1.0 bn
2000
926 m
2015
795 m
2017
815 m
Climate Change 1
In-Kind
Food
Direct delivery of food to beneficiaries when
local markets are disrupted.
Food basket can be composed of rice, lentils, oil etc. or super
nutrient food such as high energy biscuits, fortified rice etc
Cash Based
Transfer
(CBT)
By delivering cash for food, WFP is addressing hunger in
places where there is food in the markets but poor people
cannot afford to buy it.
“Cash” for WFP involves physical bank notes, vouchers, or
electronic funds being given to beneficiaries to
spend directly.
Benefits:
• Boosts the local economy
• Empowers beneficiaries
• Increased dignity for
beneficiaries
• Cost effective
• Supported by donors
Challenges:
• High banking fees
• Financial risk of insolvency
• Sharing beneficiaries data
• Reliance on vendor and lack
of direct control
60119
183
507
844
680
880
1100Estimation
2010 2011 2012 2013 2014 2015 2016 2017
Mill
ion
USD
Axis Title
Cash Based
Transfer
(CBT)
# of refugees: ~10.5K
# of transactions: ~140k
(May/June)
Value transferred: ~USD 1.1M
Banking fees reduction: 98%
Funds advanced: 0%
Beneficiary data shared: 0%
Initial Pilot in Jordan
Azraq refugee camp
10,000
100,000
500,000
January May December May
Us
ers
So far we have served over
500,000 users
through the Blockchain
system
2017 2018
Tangible Benefits
Blockchain makes cash
transfers more efficient,
secure and transparent
• Reduction of transaction costs
• More secure transactions
• No need to share beneficiaries
data
• Boosting digital financial
inclusion
• Inter-agency operability
• Scale up in Jordan
• Enter 5 new countries
• Interoperate with one other agency
WFP is also exploring new ways of leveraging Blockchain especially
in the are of digital identity managementand supply chain
2020
2018
2019
• Scale up globally
• Work with multiple agencies
