Learn about the FundsChain initiative through this short two minute video.
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The FundsChain Initiative
At the World Bank Group, we put transparency and accountability at the forefront of our work. That’s why we’ve introduced FundsChain, an innovative blockchain-based solution that provides end-to-end traceability of development project funds, enabling project stakeholders, including development partners, borrowers, auditors, and end recipients, to see where the funds are going and how they are being used. The FundsChain platform was introduced in September 2024 with pioneering, early-adopter countries and quickly delivered early success. From July 2025, the WBG is rolling FundsChain out globally, starting with Investment Project Financing (IPF) in sectors such as infrastructure, health, education, and climate resilience.
Traditionally, monitoring and evaluating World Bank-funded development projects has been a challenging and cumbersome process involving many stakeholders that rely on and use different financial management systems to trace payments and keep custody of records. With our cutting-edge blockchain solution, we are revolutionizing this process. FundsChain ensures transparency and traceability in financial management and oversight, through the recording and tracking of transactions on our secure, permanent, accurate, and tamper-resistant blockchain platform.
FundsChain also enables seamless collaboration among all stakeholders, allowing users to easily submit and verify documents, including contracts and invoices, through user-friendly interfaces that operate in both high- and low-bandwidth environments. End recipients are empowered to participate in funds tracking and verification, and clients gain unprecedented transparency for better planning, risk management, simplified audit preparation, and automatic generation of key financial reports.
FundsChain is entering an exciting new phase of evolution. Building on the success of FundsChain to clearly record and track expenditures, the platform is now being piloted to evolve from showing where funds are going to actively controlling where and when funds move. The outcome of this pilot will guide the broader launch (stay tuned!). The next evolution of this platform aims to give project teams powerful tools for planning expenses and setting conditions for payments tied to real development milestones. By integrating with local payment systems and using programmable digital tokens, FundsChain will ensure funds are spent only for their intended purpose. This means faster, safer, and more transparent transactions, creating a single source of truth for all stakeholders and fostering a new level of confidence in how development funds are managed.
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