Blockchain Leaders Should Address the Humanitarian Aspects of This Technology

One of the technologies that can show very positive results in this world is the Blockchain technology. Blockchain is considered a decentralized network that connects a lot of users with one another and prevents common fraud and tampering with the virtual world by recording and registering the existing data in its infrastructure in a transparent and precise way. This new infrastructure can be used for numerous humanitarian purposes.

Blockchain Leaders Should Address the Humanitarian Aspects of This Technology
Blockchain Leaders Should Address the Humanitarian Aspects of This Technology

The language of science is clear. There are no poetic sentences and exciting expressions of nations. Science goes its own way and using documents, it proves valuable results and makes changes in this world. One of the technologies that can show very positive results in this world is the Blockchain technology. Blockchain is considered a decentralized network that connects a lot of users with one another and prevents common fraud and tampering with the virtual world by recording and registering the existing data in its infrastructure in a transparent and precise way. This new infrastructure can be used for numerous humanitarian purposes.

What Are the Features of Blockchain?


Blockchain has a great capacity to be implemented to further humanitarian purposes. Unlike technologies related AI that allow totalitarian governments to exploit this technology to gain information and spy, Blockchain suppresses any action in this regard. There is no special observer in this network. Everything goes on in a decentralized network and organizations, states and specific people do not have the permission to get control of the situation in Blockchain. As such, any user in any place of the world can be on the free path of communications by connecting to Blockchain.

Will Blockchain Be on the Path of Humanitarian Purposes?


Blockchain can help mankind in the field of humanitarian purposes. For example, sending humanitarian help to underprivileged people in different parts of the world via applications that run on its infrastructure are among positive applications of Blockchain. By implementing Blockchain services, the UN can reach global public helps to all the underprivileged people from all across the world.
On the other hand, via this platform, the unfair distribution of wealth will become more balanced. Many of the underprivileged communities that are not able to open up bank accounts and enjoy financial services due to the high costs of bank services can reach an income with the help of Blockchain and get their wage via this infrastructure. Many of the workers and the work force that work in other countries as immigrant and refugee have problems in transferring their income to their families in their home countries, but Blockchain and software that are based on them make it possible to transfer money from one country to another. In many countries like India, a large proportion of the population lacks a bank card and account. Yet with the existence of cryptocurrencies and Blockchain, the use of financial services and money transfer and transactions related to them will become easier.

Are Cryptocurrencies and Blockchain Effective in Poor and Crisis-stricken Countries as Well?


Poor and crisis-stricken countries that are going through heavy inflation can also preserve the assets of people with the help of Blockchain and by using cryptocurrencies. Turning the income and assets of a crisis-stricken community to Blockchain from the point of view of economics can preserve the value of their money to a great extent. As you see, the technology of Blockchain is effective in getting rid of the crisis. Eliminating poverty is one of the main reasons for creating global peace and implementing new technologies of the world in this field will facilitate it.
 

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