W12 Founder, Oleg Sharpatiy held two strategic sessions at the UN headquarters in Geneva.

Oleg Sharpaty met with a member of the European Parliament, a representative of the Government of Malta, the chairman of the board of directors of the Bank of Lithuania, the CEO of Binance, the largest crypto exchange, the vice president of Alibaba, and a representative of the government of Ukraine. Many of the participants expressed great interest in applying blockchain technologies to the non-profit sector, issuing securities and solving the main problems of sustainable development.

The event was also attended by the President of Switzerland, the Princess of Belgium, the President of Armenia, the President of Namibia and many others.

According to Oleg Sharpaty, the system will work when there will be:

1.a full transparency of all transactions in the funds allocated to the final beneficiary (only blockchain makes it possible);
2. measurability and recording of all obtained results in an open register of distributed data.
3. a convenient, open platform for raising funds for the implementation of charitable and social projects, and the development of startups.

“These are the main issues I shall be personally seeing to in the nearest future,” Oleg Sharpaty was noted as saying.