• 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

Record High Google Searches for Oil Prices Amid US-Iran Tensions

chest

Record high Google searches for oil prices amid US-Iran tensions reflect global concern over military actions and oil supply disruptions.

user avatarAyman Ben Youssef

US-Iran Talks Fail, Oil Prices Hit $105

chest

The recent US-Iran talks in Islamabad ended in an impasse, leading to a surge in oil prices, which have now reached $105.

user avatarSon Min-ho

Ethereum's Price Experiences Drop and Stabilization.

chest

Ethereum price has started a fresh decline, trading below key levels and consolidating above 2,175.

user avatarTando Nkube

WLFI Token Price Declines Amidst Controversy

chest

The price of World Liberty Financial (WLFI) tokens has significantly declined, dropping below $0.008 and losing over 20% of its value due to growing controversies surrounding the project.

user avatarKofi Adjeman

World Liberty Financial Faces Liquidity Concerns

chest

World Liberty Financial (WLFI) is facing scrutiny due to its financial practices, having deposited nearly $2 billion in tokens into the Dolomite lending protocol and borrowed over $31 million in stablecoins, raising liquidity concerns.

user avatarNguyen Van Long

Justin Sun Accuses World Liberty Financial of Deception

chest

Justin Sun accuses World Liberty Financial of having a backdoor in its smart contract, allowing the team to freeze user funds without warning.

user avatarSatoshi Nakamura

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.