BlockBeats News, June 8, the United Nations Development Programme (UNDP) announced the establishment of a Blockchain Advisory Group aimed at promoting the application of blockchain technology in global development and public services.

The members of this advisory group include the Algorand Foundation, Arbitrum Foundation, Avalanche Foundation, Cardano Foundation, Ethereum Foundation, Stellar Foundation, and Sui Foundation, as well as industry institutions and organizations such as Kraken and Cointelegraph.

This move by UNDP marks a further strengthening of the United Nations system's collaboration with the blockchain industry to explore the application of digital technology in areas such as financial inclusion, identity authentication, supply chain transparency, and sustainable development.