latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

UNIDO Program Provides Feasibility For Blockchain in Africa

Ghana is seeking ways to acquire blockchain technology to enhance their development.
The United Nations Industrial Development Organization (UNIDO) and Global Quality and Standards Project (GQSP) in Ghana are looking comfortable with this idea and ultimately supporting to adopt blockchain technology.

People see an impressive scope in Blockchain due to its data storing mechanism and the way it conducts its operation. In a recent event in Ghana, Blockchain was a hot topic as people want to adopt it and improve quality standards.
Juan Pablo Davila, UNIDO Manager, Stated,
Blockchain technology is aimed at securely storing and sharing information on transactions across a network. He also stated that one of the biggest advantages of having the Blockchain mechanism is its sharing nature; users can monitor data at any stage without any hindrance. Users will have strong and reliable attributes.  
UNIDO Manager also added that
” Blockchain has the potential to provide accurate real-time data related to many sectors like transportation, quality of goods, and safety  “
Global retailers and chocolate producers in the world are inserted to ensure the sustainable provenance of their ingredients, and they can provide proper funding to the farmers. With the help of the Blockchain and its transparency, everyone will have complete knowledge about the transaction step by step. This can provide a very clear knowledge to everyone who is dealing with the others and is accountable for that particular thing.
Safoa Osei, Ghana Chief Technical Advisor, expressed, “The fact-finding mission is the first milestone for the application of the Blockchain in the cocoa value chain in Ghana. It will lay down the foundation for the next steps of its implantation.
For the last 12 years, the pair of UNIDO and SECO has been providing technical support to Ghana. The most remarkable project is The Trade Capacity Building Projects(TCB/2007-2018). This project was a major game-changer as it expands Ghana’s exports and also helped in building a well-mannered infrastructure system. The GQSP Ghana builds upon the results of the TCB project and continues to support the strengthening of the quality of the cocoa, cashew, and oil palm value chains.
The post UNIDO Program Provides Feasibility For Blockchain in Africa appeared first on The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News . shares this Contents with License.

Thank you for Share!


Search Crypto News


The latest Top News, from up to 70 Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


24h Most Popular News

Professional Managed Trading Fund