Rapid and efficient humanitarian aid distribution is enhanced through the use of blockchain technology. Mercy Corps CIO Scott Onder explains how.
Over the past few years, saying “blockchain fixes this” has become a common trope. However, in the case of international aid distribution being enhanced by the integration of blockchain, the phrase has proven to be true.
When a crisis occurs, reaction time is paramount, and according to Mercy Corps chief investment officer Scott Onder, using data analytics and blockchain to take action before disaster strikes is even more effective from a humanitarian impact and cost perspective.
On Episode 47 of The Agenda podcast, hosts Ray Salmond and Jonathan DeYoung discuss how Mercy Corps — a global team of humanitarians focused on alleviating suffering, poverty and oppression — has embraced Web3 and blockchain to amplify its charitable efforts and aid distribution.