The UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.
Cambodia has been chosen as the site of a pilot program for a blockchain-based platform for the Universal Trusted Credentials (UTC), a digital credentialing system developed by the United Nations Development Program (UNDP). The Dfinity Foundation, developer of the Internet Computer blockchain, will work with the UNDP on the program.
Internet Computer will provide infrastructure for securing and managing UTC. The Singapore Monetary Authority and other bodies collaborated with UNDP on UTC, which was introduced in November and intended to encourage the participation of micro, small and medium enterprises in the digital economy.
The pilot is expected to roll out in ten countries in time. Dfinity Foundation Founder Dominic Williams said in a statement: