Aid groups use blockchain to ensure help reaches intended recipients


David Beasley, the new executive director of the World Food Programme, which has been using blockchain to keep a record of transactions, is making sure recipients get their goods without added costs.

In the Za’atari refugee camp in Jordan, Amar Al-Eid heads toward the checkout of the food distribution store carrying supplies for his two children. The shopkeeper raises a black box to his face and scans the Syrian refugee’s iris. The transaction goes through and a day’s rations are secured.

The data technology that underpins virtual currencies like Bitcoin is now also used to deliver aid more efficiently by dramatically lowering the risk of bribes and fraud by local officials – a huge, long standing problem in the industry.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Science & Technology , Blockchain

   

Next In Tech News

Shopee: Be wary of SMS scams asking for your personal info
Analysis-Tesla's plan for affordable cars takes page from Detroit rivals
ByteDance prefers TikTok shutdown in US if legal options fail, sources say
Amazon’s Jeff Bezos, Andy Jassy deleted chats amid FTC antitrust probe
Samsung faces Pakistan smartphone shortage after winning debut
Athletic director used AI to frame principal with racist remarks in fake audio clip, US police say
US reinstates open Internet rules rescinded under Trump
L3Harris raises top end of 2024 adjusted earnings outlook amid global tensions
Microsoft results top Wall Street targets, driven by AI investment
Health conglomerate Kaiser notifies millions of a data breach

Others Also Read