Social assistance is undergoing an upgrade. Traditional practices are being replaced by a more secure and cost-effective system: Blockchain. However, with virtually no proven track record in the public or humanitarian sphere, the success of this technology is far from guaranteed.
The unique properties of blockchain technology As explained in an earlier blog post , blockchain technology acts as a digital database, storing a record of every transaction carried out on the network for all users to see. Unlike traditional databases that are typically used in the humanitarian sphere, these are
permanent (meaning nobody can delete or hide the record of previous transactions) and
distributed (being stored on multiple computers, or ‘nodes’, and not just one) (...
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