Blockchain for humanitarian action and development aid

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Author(s)
Zwitter, A. and Boisse-Despiaux, M.
Publication language
English
Pages
7pp
Date published
26 Oct 2018
Publisher
Journal of International Humanitarian Action
Type
Articles
Keywords
Innovation
Link
http://jhumanitarianaction.springeropen.com/articles/10.1186/s41018-018-0044-5

Blockchain technology is swiftly entering the fields of humanitarian and development aid. While it has the potential to revolutionize the aid sector, e.g., through pairing smart contracts with forecast-based financing, it also has the potential to perpetuate societal problems and add new risks. This essay outlines the use cases of Blockchain technology for the humanitarian and development sectors and reflects on potentials and pitfalls that come with the adaptation of this new technology.