• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Blockchain does not benefit humanitarian projects

user avatar

by Giorgi Kostiuk

2 years ago


  1. Cheesman's Study
  2. Implementation Issues
  3. Conclusions and Findings

  4. The study reveals that using blockchain in humanitarian projects does not bring significant benefits and sometimes even creates additional problems.

    Cheesman's Study

    Margie Cheesman, a digital anthropologist, in her study published on August 13 in the journal Geopolitics, argues that blockchain mostly fails to improve humanitarian projects and is used to raise funds. In her work, she examined the 'Cash4Work' project from May 2018 to December 2019 and found that blockchain did not provide significant benefits to the project while adding some costs.

    Implementation Issues

    The project was carried out in the Al-Za'atari and Al-Azraq refugee camps in Jordan, aiming to provide cash assistance to individuals in need of basic necessities in exchange for work done for partner organizations. 'Cash4Work' relied on 'The Blockchain Pilot' for data storage and processing. Despite claims about blockchain's benefits, the study revealed that blockchain created additional challenges for program participants, such as difficulties in accessing cash and misinformation from cashiers.

    Conclusions and Findings

    Cheesman concludes that blockchain is primarily used to raise funds and support existing power structures. The technology perpetuates 'key forms of ignorance,' including confusion, illusion, disappearance, and misdirection. However, despite the criticism, the study acknowledges that blockchain may have reduced transaction fees in humanitarian projects.

    The study emphasizes the need for a critical assessment of blockchain usage in humanitarian projects and a thorough analysis of the technology's real advantages and disadvantages.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

MEXC Reports Surge in Demand for SpaceX-linked Derivative Products

chest

MEXC reports a significant increase in trading demand for its derivative products linked to SpaceX, highlighting a trend in crypto exchanges offering synthetic exposure to private assets.

user avatarLuis Flores

Dave Portnoy Reveals Major Losses in Bitcoin Trading

chest

Barstool Sports founder Dave Portnoy reveals significant losses in Bitcoin trading, expressing regrets over his investment decisions.

user avatarArif Mukhtar

SEC Reports Stronger Capital-Raising Environment for Q2 2026

chest

The SEC's latest market statistics update indicates a stronger capital-raising environment for Q2 2026, highlighting increased IPO proceeds and its significance for crypto companies.

user avatarMaria Gutierrez

Farage's Financial Connections to Donor Questioned Amid Lobbying Claims

chest

The investigation into Nigel Farage's lobbying activities reveals his financial ties to billionaire Christopher Harborne, raising concerns about potential conflicts of interest due to a significant undeclared gift before the July 2024 general election.

user avatarZainab Kamara

New Analysis Created Utilizing SEC Data

chest

The report is based on information sourced from the SEC, providing stakeholders with accurate financial insights.

user avatarAndrew Smith

New Analysis Created Utilizing SEC Data

chest

The report is based on information sourced from the SEC, providing stakeholders with accurate financial insights.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.