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UN Pension Fund Breakthrough: Blockchain Emerges as ’Ultimate’ Identity Technology

UN Pension Fund Breakthrough: Blockchain Emerges as ’Ultimate’ Identity Technology

Author:
CoindeskEN
Published:
2025-09-26 18:45:23
19
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UN: Experiment With Pension Funds Proves Blockchain as 'Ultimate' Identity Tech

Forget what legacy finance tells you—blockchain just schooled traditional systems using the unlikeliest proving ground: pension funds.

The Identity Revolution You Didn't See Coming

United Nations experiments with retirement fund management revealed distributed ledger technology operates at security levels that make conventional databases look like sticky notes. The system verifies participant identities without centralized control—cutting administrative layers that typically drain fund performance.

Why This Terrifies Traditional Custodians

Blockchain's immutable audit trail bypasses third-party verification costs that chew up 15-30% of pension fund operational budgets. The tech creates self-sovereign identity frameworks where users control their data—not institutions with questionable security track records.

Financial traditionalists will dismiss this as another crypto fantasy—right before their $10 trillion industry gets disrupted by technology that actually protects people's life savings instead of charging endless fees for the privilege of losing them.

|Square

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