Story Highlights

• FundsChain, a blockchain-based platform, enables the World Bank to improve traceability, accountability, and streamline operations when tracking the use of funds.
• Key features include tamper-proof digital records, end-to-end tracking of project funds, granting project partners immediate access to transaction records, and the use of digitization to enhance financial management practices.
• The solution has been successfully tested in 13 projects across 10 countries, earned industry recognition and by June 2026, it is expected to cover approximately 250 projects in developing countries.