Empowering Sustainable Development: UNDP and Algorand Foundation Collaborate to Launch Blockchain Academy Dec 1, 2023 Dec 1, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsDecember 1, 2023 by Kelly Cromley

Empowering Sustainable Development: UNDP and Algorand Foundation Collaborate to Launch Blockchain Academy

The United Nations Development Programme (UNDP) has revealed a groundbreaking partnership with the Algorand Foundation, a leading organization dedicated to expanding the ecosystem of the world’s most advanced, secure, and reliable layer-1 blockchain. The collaboration aims to establish the Algorand Blockchain Academy, a transformative initiative set to launch in 2024. The announcement was made during the Algorand Impact Summit in New Delhi by Robert Pasicko, UNDP’s expert for alternative finance and low carbon development.


A Strategic Educational Endeavor


The Algorand Blockchain Academy is conceived as an educational platform designed to enhance the capacity of UNDP staff by providing comprehensive insights into the applications of blockchain technology. Robert Pasicko emphasized the significance of this initiative, highlighting its potential to equip UNDP teams worldwide with the necessary tools to address intricate global challenges leveraging blockchain technology.


Comprehensive Curriculum for Global Impact


The academy’s curriculum is structured to deliver a well-rounded understanding of blockchain technology and its practical applications for sustainable development. It includes recorded lectures, interactive workshops, and hands-on assignments, ensuring a multifaceted learning experience. Importantly, the educational resources will be accessible to all 22,000+ UNDP employees across 170 countries and territories, extending the opportunity for education and upskilling to staff members at other UN agencies.


Strategic Focus Areas


The program’s focus areas underscore its commitment to driving positive change in various spheres. Financial inclusion takes center stage, exploring blockchain’s potential to extend financial services to marginalized communities. Supply chain transparency is another critical facet, aiming to combat issues like child labor and promote sustainable sourcing. Real-world asset tokenization emerges as a key element, facilitating fractional ownership to broaden accessibility for a diverse range of investors. Additionally, the program will delve into digital identity, seeking to develop secure and universal solutions to support social and financial inclusion.


Words of Enthusiasm and Commitment


Doro Unger-Lee, Head of Education and Inclusion at Algorand Foundation, expressed excitement about the collaboration, emphasizing its potential to drive innovation and technology for societal betterment. The initiative is viewed as a pivotal first step in identifying and delivering actionable on-the-ground use-cases of blockchain to help achieve the Sustainable Development Goals in various domains.


A Diverse Range of Expertise


The Algorand Blockchain Academy’s curriculum will not only draw from the expertise of the Algorand Foundation but will also feature contributions from speakers associated with Algorand ecosystem projects. Collaborators include HesabPay, Wholechain, Koibanx, and Quantum Temple, adding a diverse range of perspectives to enrich the learning experience.


Global Rollout Plan


The beta iteration of the Algorand Blockchain Academy is slated to commence in Q1 2024, with a phased rollout planned throughout the year to ensure global accessibility for UNDP’s extensive staff. This strategic partnership between the UNDP and the Algorand Foundation represents a significant step towards empowering individuals worldwide with the knowledge and skills needed to leverage blockchain technology for sustainable development.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.