• 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

Made with AI


  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.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Coinbase Emphasizes Editorial Standards in New Report

chest

Coinbase has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarKaterina Papadopoulou

New Report Released by SEC

chest

A report has been released based on information provided by the SEC, aimed at informing the public about relevant data and increasing transparency regarding its activities.

user avatarMaya Lundqvist

Wintermute Emphasizes Editorial Standards in New Report

chest

Wintermute has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarLeo van der Veen

Bank of Russia Introduces New Crypto Trading Framework for Ordinary Investors

chest

The Bank of Russia has introduced a draft directive allowing nonqualified investors to trade cryptocurrencies with a limit on annual purchases.

user avatarLi Weicheng

Github Unveils New Report on Editorial Policy

chest

Github has released a new report outlining their strict editorial policy, emphasizing accuracy, relevance, and impartiality to enhance trust and transparency.

user avatarAisha Farooq

Bank of America Sets Bullish Price Target for AMD Stock

chest

Bank of America Securities analyst Vivek Arya has set a bullish price target for AMD stock, predicting it could reach 620.

user avatarTenzin Dorje

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.