RE: United Nations is feeding 80 Million People using Ethereum Blockchain

You are viewing a single comment's thread from:

United Nations is feeding 80 Million People using Ethereum Blockchain

in ethereum •  7 years ago 

It's honestly amazing that they're using blockchain technology to do something, I predict this is the one of the first of many blockchain powered initiatives to come from governments.

I'm curious to see if other blockchains would be more effective than 93% efficiency. Any idea on how the steem blockchain would handle this? I know it has much, much faster transaction times than the ethereum blockchain does.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

The article says the 7% is mostly bank fees, and they are hoping to reduce some of that by using the Ethereum blockchain.

I definitely misinterpreted that. My mistake.