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Filecoin Foundation Joins Forces with UN World Food Programme Innovation Accelerator and GBBC to Fight Global Hunger

The Upload V22

“[The United Nations World Food Programme] already uses blockchain to enhance collaboration, efficiency, and transparency on cash transfers, digitize smallholder farmer transactions, and provide insurance to farmers. The Food for Crisis initiative seeks to harness this technology for both immediate emergency relief and sustainable innovative solutions.”

— Bernhard Kowatsch, Head of WFP Innovation Accelerator

Did you see the news? Filecoin Foundation has joined forces with the United Nations World Food Programme Innovation Accelerator, the Global Blockchain Business Council, Bayer, Accenture, and other organizations as a part of Food For Crisis, a new initiative to drive innovation in addressing the global hunger crisis.

Some stats on food security:

  • As many as 783 million people do not know where their next meal will come from.

  • 345 million people are acutely hungry, on the brink of starvation.

  • Almost 600 million people are projected to be chronically undernourished in 2030.

Food for Crisis aims to increase awareness of the global food crisis and mobilize resources to end hunger at scale.

As part of Food For Crisis, Filecoin Foundation will assist in developing a blockchain-based solution to provide additional trust and transparency regarding funds donated for humanitarian aid.

  • Food for Crisis will launch a pilot fund raised through crypto, fiat, and in-kind donations, distribute funds to the humanitarian sector for emergency relief operations, and develop revolutionary and sustainable solutions to help disrupt global hunger.

  • Through its framework, Food for Crisis also aims to create sustainable grants for advancements to end hunger, provide real-time data to donors and innovators, and offer improved monitoring and evaluation for timely reporting of where donations go.

  • A pilot of this technology is planned for 2024 in countries facing severe food insecurity that need intensive support amid limited funding.

Blockchain is already playing a growing role in the WFP and helping millions of the most vulnerable people across the globe. Food for Crisis is the latest in a series of blockchain-based projects to address global challenges, joining projects like Building Blocks, the humanitarian sector’s largest blockchain-based cash distribution system, and Empact, a platform connecting refugees, displaced people, and vulnerable host communities to the future of work by providing digital skills through a vocational training program. Combined, these projects have benefited millions of people worldwide.

Build with Us

Join us at the Filecoin Foundation Network Base in Istanbul November 14-16, set against the backdrop of Devconnect and Lab Week 2024. We’re building a space where business gets done – developers can meet with Filecoin Foundation team members and protocol core devs for workshops and demos in an environment that encourages the formation of new projects and enterprises.

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