Blockchain financial services firm Diginex and the United Nations-led International Organization for Migration (IOM) jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers in Hong Kong.
According to a Diginex press release published on Dec. 16, the tool was designed to be used by about 1,500 Hong Kong-based migrant domestic worker recruitment agencies and some associated agencies in worker-sending countries. The system’s name is called International Recruitment Integrity System Self-Assessment for Ethical Recruitment (IRIS-SAFER).