SDG Lab and the Permanent Missions of Canada, Jamaica and Switzerland are organizing a panel discussion on the use of blockchain for the Sustainable Development Goals (SDGs) and humanitarian action that will feature speakers from technology companies and the UN.

Blockchain technology enables authentication of transactions, documents, or processes without the need for intermediaries, thanks to a decentralized system secured by cryptography. Driven by startup pioneers, blockchain technology has developed rapidly over the past few years. It holds the potential to transform fundamental mechanisms that define how the economy, governmental institutions, and society at large operate and collaborate.

Governments and international organizations can leverage blockchain to achieve humanitarian and sustainable development outcomes. A number of applications have already been piloted to improve the efficiency of SDG implementation and improve humanitarian aid delivery. For example, transferring remittances using blockchain to make transactions cheaper, and the use of digital ledgers in supply chains to increase traceability and transparency. 

The objective of the panel discussion is to better understand the potential of blockchain for the achievement of the 2030 Agenda. Representatives from leading blockchain startups will discuss opportunities, risks and avenues for action.