The Complexities of Blockchain in Global Aid Efforts
In theory, crypto and blockchain technology present unique opportunities to improve, accelerate and strengthen global aid efforts. In practice, geopolitical challenges and complexities in distribution hinder projects before they’ve even had a chance to deploy the new technology.
Joining “Money Reimagined” hosts Michael Casey and Sheila Warren are Sara Pantuliano, chief executive of ODI and member of the United Nations Peacebuilding Fund, and Sasha Kapadia, director in the Humanitarian and Development group at Mastercard. The guests are intimately familiar with the processes and challenges associated with cross-border aid efforts, as well as the opportunities for blockchain integrated aid in the future.
How can blockchain-based digital aid solutions improve the lives of those in crisis? Even if the technology could be helpful, is it ethical to test emergent technology on a vulnerable population?
Blockchain technology is likely to be increasingly included in aid solutions in the next decade. Alongside the sweeping potential , it’s also important to maintain awareness of its dangers if communities are to avoid widening the “digital divide” that developing technologies can easily create.
This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”
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Author: Michael J. Casey, Sheila Warren