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Crypto

Algorand Launches Aid Trust Portal

By admin
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Algorand Launches Aid Trust Portal

Ekaterina Bogatyreva

The Algorand Foundation has launched the Aid Trust Portal, an online tool to track and visualize humanitarian aid payments. Built on the Algorand blockchain, the portal allows users to see the flow of assets between wallets, similar to blockchain explorers. Any asset on Algorand with a public key can be viewed, showing connections between wallets and enabling transparent tracking of aid funds.

The portal is already being used by HesabPay to monitor payments made for several clients, including UN agencies, in regions with limited infrastructure or security challenges, such as Afghanistan and Northeast Syria. The Aid Trust Portal provides interactive visualizations that show how funds move through the network, helping donors, aid organizations, governments, and regulators understand the flow of disbursed aid.

Image: Freepik

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