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Transforming the Deeply Flawed International Aid and Development Models with Blockchainby@lauramarissac

Transforming the Deeply Flawed International Aid and Development Models with Blockchain

by Laura Marissa Cullell5mJanuary 7th, 2020
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There are fundamental flaws with current models of providing international aid to developing countries. Problems include a lack of transparency, mismanagement of funds, corruption, and greed. Technology can be an answer, but only if critical issues can be addressed first. The BitGive Foundation uses bitcoin and blockchain technology to allow donors to trace donors' transactions on a public platform in real-time in real time. Donors can see how funds are spent and ensure they reach their final destination and ensure the most amount of monetary aid actually reaches those that need it the most.

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Laura Marissa Cullell

Laura Marissa Cullell

@lauramarissac

Laura Marissa Cullell wrote her thesis on: Blockchain & SDGs. CEO of LMCS Inc. specializing in Web3 Comms. Loves puns.

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Laura Marissa Cullell@lauramarissac
Laura Marissa Cullell wrote her thesis on: Blockchain & SDGs. CEO of LMCS Inc. specializing in Web3 Comms. Loves puns.

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