UN to Use Blockchain to Tackle Exploitation of Migrant Workers in Hong Kong

Bitcoin News

“Using the U.N.’s IRIS standards as the benchmark for reputable agencies, we are confident that the tool can help to strike out these unethical practises,” said Mark Blick, Diginex’s head of government solutions. “In Hong Kong, foreign domestic workers are some of the most economically vulnerable people in our society and pay approximately HK$700,000,000 [approximately $89.9 million] each year in placement/recruitment fees.”

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