On Tuesday, Ethereum co-founder Vitalik Buterin will meet with US officials at the UN to discuss its blockchain project, which is aimed at the United Nations Fund for Population and Development (UNFPA), the agency said.
The meeting is expected to focus on the development of Ethereum’s platform for the world’s most ambitious global program, which would require the use of blockchain technology.
The UNFPA has been working on a project called UNDAC, which aims to develop a global blockchain-based system that could facilitate the sharing of information and data in the UN.
According to a UNFPRD spokesperson, the meeting will be the first time Buterintin will discuss the UNDACA project, and it is likely that the two will discuss how the project will be integrated into the development program.
Buterin, the founder of the Ethereum project, has previously said that UNDACH, as the UN’s blockchain-backed organization, will be a “huge leap forward” for the organisation’s efforts to bring the UN closer to the blockchain-led future.
The US is a leading supporter of the UNFOPA, and its role in building the blockchain platform was one of the first areas that Buterinkin and the UN hoped to leverage in their new project.
However, the US has a history of being slow to embrace blockchain technology, which has led to an ongoing debate over whether the US government can use blockchain technology in a way that is compatible with its constitution.
Last week, the Trump administration said it plans to ban the use, distribution, and trading of cryptocurrency, or bitcoin, within the US and the European Union.