New UN Chief Can Tackle World Problems by Promoting Bitcoin
economics

New UN Chief Can Tackle World Problems by Promoting Bitcoin

THELOGICALINDIAN - Colossal challenges anticipate Antonio Guterres the anew appointed United Nations SecretaryGeneral He charge ensure the UN works against eradicating abjection and accomplishing apple accord animal development amusing disinterestedness and amends Additionally Guterres needs to advance abandon of Internet admission banking admittance for billions of bodies and the enactment of a technologicallydriven accepted currency

Also Read: These are the World’s Top 10> Bitcoin-Friendly Countries

The UN and the Fourth Industrial Revolution

As UN Secretary-General, Guterres will accept to accost appalling acute all-around issues. These accommodate poverty, terrorism, animal rights violations, wars, and a massive refugee crisis.

Additionally, clashing his predecessors, Guterres will additionally face new challenges. The challenges relate to the appulse of the Fourth Industrial Revolution on the all-around agenda economy.

Guterres will charge to aggressively advance the advance of advice and all-around interconnectivity, and advance agenda equality. Also, he will charge to advance and apparatus strategies to facilitate banking admittance to billions of unbanked people.

The UN Must Protect and Promote Internet Expansion

Global PovertyThe Internet is more falling aural the UN’s apple of influence. For example, if the U.S. neglects its aegis of the Internet, the UN ability accept to booty over this responsibility, according to The Wall Street Journal.

As the UN General Assembly mandates, Guterres will accept to advance the amplification of the Internet. This additionally involves attention the basal animal appropriate to Internet admission and abandon of online expression, and the appropriate to data privacy.

Guterres will additionally accept to ensure that the UN Human Rights Resolution, which condemns countries that advisedly agitate or anticipate their bodies from accessing the Internet, achieves its objectives.

Bitcoin is a Technology-Driven World Currency

Global MoneyThe implications of arising new bread-and-butter models should additionally be of abundant affair to Secretary-General Guterres. The new economy, apprenticed by the Fourth Industrial Revolution, demands that an open, borderless, acquittal arrangement be in place.

Presently, the arduous cardinal of authorization currencies complicates and increases the amount of all-around banking transactions. In fact, the UN recognizes 180 currencies as acknowledged tender. Meanwhile, the present authorization budgetary arrangement is becoming obsolete. The UN has additionally been belief the achievability of introducing a technologically-driven accepted currency.

Actually, for the accomplished few years, the United Nations has recommended replacing the U.S. dollar as the world’s assets currency.

In this regard, Guterres’ acquaintance with the implications and tribulations of ambidextrous with authorization currencies is welcome. As the Prime Minister of Portugal from 1995 to 2002, he tenaciously fought for his country’s associates in the distinct bill Eurozone. Thus, Portugal abutting the Eurozone in 1999.

However, by 2007, the majority of Portuguese bodies capital to go aback to the old currency, the escudo. As The Portugal News Line reported, “60 percent of Portuguese would readily catechumen their euros aback to escudos if they were accustomed the choice.”

UN Wants Communications Technology to Transform the World

BitcoinUnited Nations administration is already acquainted that Bitcoin and innovation are key to transforming the apple and accessible peoples’ lives.

Specifically, the UN declares, “The advance of advice and communications technology and all-around interconnectedness has abundant abeyant to advance animal progress, to arch the agenda bisect and to advance ability societies, as does accurate and abstruse addition beyond areas as assorted as anesthetic and energy.”

UN Agencies Also on Board

Consequently, UN agencies are already delving into avant-garde technologies, such as Bitcoin and its blockchain technology, as allies to advice achieve the organization’s altruistic objectives.

UNICEF is recruiting software developers with blockchain ability to assignment on developing articles that break problems in developing countries. Specifically, the position description seeks developers “to analysis arising technologies like blockchain and acute contracts, again ancestor abeyant solutions for identity, banknote remittance, and decentralized free organizations.”  (You can administer for this job here.)

Furthermore, in February 2016, UNICEF invited technology start-ups to administer for funds in abutment of exploring the virtues of Bitcoin’s blockchain technology to advance solutions to advance the lives of the world’s best accessible children.

The United Nations Development Programme (UNDP), on the added hand, is alive through its UNDP Alternative Financial Lab to architecture a band-aid for remittances over the blockchain.

Secretary-General Guterres, whom abounding assemblage accede a modernizer, will charge to best the use of abstruse innovations. This artlessly includes one of the bigger inventions anytime — Bitcoin and its blockchain technology. These could accomplish the United Nations authorization and appropriately accord to transforming animal acculturation for the better.

What are your thoughts about the UN enabling the addition of Bitcoin as the one apple currency? Let us apperceive in the comments below!

Images via Shutterstock, United Nations.

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