Humanitarian aid requires governments and private organizations to join hands. Blockchain can play an active role in driving this collaboration. Additionally, Blockchain can address various challenges faced by the refugees for receiving the much needed help.
What happened in the world of Blockchain this week? Here is a quick recap. Book your vacation using crypto Expedia,
Today, around 1 billion people lack any form of legally recognized IDs, 1.7 billion do not have bank accounts, 68.5 million people are refugees or internally displaced or stateless who either do not have IDs or are too vulnerable to use them. At the same time, technology has reached a large set of people across the globe more than ever before. If technology were put to use efficiently to create, propagate and use verifiable digital identities, billions of people including those who lack any official identity proofs or are unable to use them due to threats involved will be benefitted.
How to set up Self-Sovereign Decentrailzed Identity with blockchain?