EU institutions: Blockchain can be used for the delivery and management of social welfare

The European Foundation for Improvement of Living and Working Conditions (Eurofound), an EU-based agency headquartered in Ireland, released this week a series of reports covering emerging technology fields. The report mentions artificial intelligence, robotics and other technologies, and specifically points out that blockchain can help public welfare. Delivery and management. The report said that although the adoption of blockchain technology in the field of health and social care is still in its early stages, the technology has been used to pay cash benefits and monitor pension payments. Certain institutions, including the work and pension department, are still considering “using blockchain and distributed ledger technology as a solution to pay to those who receive public benefits.”