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Algorand Network and United Nations Collaborate to Establish Blockchain Academy by 2024

Algorand Network and United Nations Collaborate to Establish Blockchain Academy by 2024

United Nations Development Programme Partners with Algorand for Blockchain Academy

An organization working to end poverty on behalf of the United Nations is collaborating with the Algorand Foundation to launch a blockchain academy. The United Nations Development Programme (UNDP) aims to provide its 22,000 employees with extensive blockchain training in order to actively contribute to sustainable development in various countries.

The partnership with the Algorand Foundation will create a complete blockchain academy, offering comprehensive training on distributed ledger technology and blockchain to UNDP staff members. The academy’s curriculum will provide a thorough understanding of blockchain technology and its applications for sustainable development through recorded lectures, interactive workshops, and practical assignments.

Algorand Foundation Praises Partnership for Technological Innovation

Doro Unger-Lee, Head of Education and Inclusion at the Algorand Foundation, expressed enthusiasm about the partnership and its potential for driving technological advancement and innovation for societal benefit. This collaboration is seen as an important first step towards identifying and implementing practical blockchain use cases that support the achievement of Sustainable Development Goals.

The United Nations has been exploring blockchain applications for several years, with previous collaborations aimed at promoting the use of distributed ledger technology for social good. This partnership with Algorand is another example of the UN’s embrace of web3 and distributed ledger technology.

Notably, after the announcement, there was a sudden increase and subsequent decrease in the price of the ALGO cryptocurrency. However, at the time of writing, the price of ALGO is still trading higher than before the news.

Hot Take: UNDP and Algorand Join Forces to Empower Staff through Blockchain Education

The partnership between the United Nations Development Programme and Algorand Foundation to launch a blockchain academy demonstrates their commitment to leveraging innovative technology for sustainable development. By providing comprehensive blockchain training to UNDP staff members, the academy aims to equip them with the knowledge and skills needed to address poverty and support global development goals effectively. This collaboration not only highlights the UN’s increasing adoption of web3 and distributed ledger technology but also showcases Algorand’s dedication to driving technological innovation for societal benefit. The partnership sets a precedent for future collaborations between organizations seeking to harness blockchain’s potential for positive change.

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Algorand Network and United Nations Collaborate to Establish Blockchain Academy by 2024