• 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 A1

2 months 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

Share

Other news

Analysts Predict Significant XRP Price Increase

Amonyx's analysis predicts a sharp XRP rise using Fibonacci levels to $335.

user avatar

a few seconds ago

Potential SEC Leadership Change: Incoming Chair's Pro-Crypto Stance

A pro-crypto SEC chair might take over following Trump's win, signaling significant shifts in cryptocurrency policies.

user avatar

a minute ago

Unexpected Notcoin Price Surge: An Analysis

Notcoin sees a significant 27% price surge, sparking optimism among traders and analysts.

user avatar

an hour ago

Qubetics and Solana: Blending Stability and Speed in the Crypto Industry

Qubetics and Solana innovate in blockchain offering stability and high speed for investors.

user avatar

an hour ago

RIP Kamala: the memecoin with potential massive growth

The Solana-based memecoin RIP Kamala could be the next Shiba Inu due to its high liquidity and upcoming listings.

user avatar

an hour ago

Qubetics: Enhancing the Crypto World

Qubetics tackles real-world issues with solutions for scalability and speed.

user avatar

an hour ago

dapp expert logo
© 2020-2024. DappExpert. All rights reserved.
© 2020-2024. DappExpert. All rights reserved.

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.