Giving Compass’ Take:

• The UN established the Blockchain Commission for Sustainable Development and launched Blockchain for Impact in 2017 to discover and implement applications of blockchain technology for social impact.

• How can private donors learn from and inform these efforts? What implications do emerging technologies have for global development?

September 23rd, 2017 marked the establishment of the Blockchain Commission for Sustainable Development at the United Nations, in the SDG Media Zone during the 72nd Regular Session of the UN General — and the Commission’s launch of Blockchain for Impact, a collaborative convening and advocacy platform for conscious leadership from all sectors to explore, co-create and promote the application of blockchain technology to initiatives with profound and positive social impact.

The Commission was established to develop a network of global leaders in the blockchain community with a focus on the application of blockchain to initiatives with profound social impact, transparency in the evolving marketplace, trust between multi-stakeholders, the development of an international policy agenda with a focus on accelerating progress in least developed countries, and the implementation of best practices towards nations’ sustainable development targets.

With public-private partnerships at the core of its DNA, the Blockchain Commission will serve as a bridge to and aspire to achieve multilateral agreements between and among governments, NGOs and the private sector while advancing the 2030 Agenda for Sustainable Development.