In a significant step towards embracing web3 and distributed ledger technologies, the United Nations Development Program (UNDP) has partnered with the Algorand Foundation, behind altcoin project ALGO, to establish the Algorand Blockchain Academy. This initiative aims to equip UNDP staff with the knowledge and practical skills needed to leverage Blockchain technology for sustainable development. UNDP’s announcement on November 30 marks an important step in the UN’s efforts to integrate innovative technologies into its activities. Here are the details…
United Nations names popular altcoin project
UNDP commissioned the Algorand Foundation to develop a training curriculum on web3 for its global staff. More than 22,000 employees from UNDP and other United Nations organizations will benefit from the Algorand Blockchain Academy. The curriculum will focus on practical applications of Blockchain technology in the field of sustainable development. Robert Pasicko, a UNDP research and data analyst specializing in alternative finance and low-carbon development, announced the initiative at the Algorand Impact Summit in New Delhi. The beta version of the course is planned to launch in the first quarter of 2024 and be gradually rolled out among UNDP’s global staff throughout the year. The cryptocurrency rose as follows following the development
To further enrich the educational experience, representatives from Algorand ecosystem projects, including HesabPay, Wholechain, Koibanx and Quantum Temple, will actively participate in the initiative. This collaboration aims to provide real-world insights into Blockchain applications, promoting comprehensive understanding among UNDP staff. Doro Unger-Lee, Head of Education and Inclusion at the Algorand Foundation, emphasized the importance of this initiative as a crucial first step towards identifying and implementing actionable use cases for Blockchain to achieve the Sustainable Development Goals.
Algorand is improving in adoption
The Algorand Blockchain Academy reflects the UN’s ongoing commitment to adopting web3 technologies. This strategic partnership highlights Blockchain’s potential to address global challenges and underlines the UN’s commitment to developing the workforce for a sustainable future. As the course progresses, UNDP practitioners worldwide are expected to gain valuable expertise in using Blockchain technology to tackle complex global problems.
The project is creating waves in India
On the other hand, Algorand announced a series of partnerships with important Indian organizations. Algorand’s collaboration with the National Association of Software and Services Companies (NASSCOM), a major technology advocacy group in India, is at the forefront of these efforts. This partnership aims to develop Web3 capabilities under NASSCOM’s FutureSkills Prime, a digital upskilling initiative developed with academia, IT industry and government. ALGO has joined forces with TiE Bangalore, an organization that supports global entrepreneurship, and Mann Deshi Foundation, India’s first women-centric bank. These collaborations will deepen Algorand’s impact in the Indian market and contribute to the broader Web3 landscape.
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