UN: Experiment With Pension Funds Proves Blockchain as 'Ultimate' Identity Tech

The United Nations has adopted blockchain technology to enhance its identification system within its global pension program, as documented in a recent white paper. The initiative aimed to improve the traditional paper-based identification process for over 70,000 beneficiaries across 190 countries. By implementing a blockchain-supported digital certificate of existence, the UN significantly increased efficiency and reduced errors, which previously affected approximately 1,400 payment suspensions annually. Initiated as a pilot program in 2020 and fully implemented in 2021, the blockchain system facilitates faster processing times by eliminating the cumbersome management of physical documents. The UN plans to expand this technology within its operations and share it with other international organizations as a digital public good, advocating for its broad application as a secure and scalable infrastructure for digital identity verification across global systems.

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