Crisis Fund Distribution

Learn how blockchain is used for creating a global common ledger for raising, allocating & distributing aid, donations & grants during times of crisis.

Crisis situations like natural disasters, wars, drought etc often put the economy of the affected area in a huge turmoil. Such situations need a quick injection of funds in order to help them recover. However, this can result in weak financial oversight over the funds received in donations/grants from across the world and in turn, gives individuals greater opportunity to waste, transfer or use resources for personal gains. Moreover, during such times the victims/refugees from remote areas are difficult to identity. Donor Agencies and Governments often lack tools to share information and track benefits for a single donor. Using Blockchain Technology, these funds can be distributed in a transparent manner and further tokenized in a way in which the donations are utilized for the right reasons. Our work with governments of emerging economies like India, Papua New Guinea and Indonesia has given us a unique lens to understand such problems and apply the technology.

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We are a tribe of engineering maniacs building blockchain solutions for enterprises, crypto startups and also governments across the globe. If you are passionate about the potential of Blockchain Technology and want to be a part of the next web, we’d love to hear from you. Bonus points for humbleness!

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