What is the Vision of Helping Blocks Initiatives?
When natural disasters strike, blockchain's transparent, decentralized platform can be a trusted method of deploying relief, resources, and assistance. Blockchain technology allows for the secure storage and transfer of data and digital assets through the use of an immutable decentralized network transparently and efficiently. With Blockchain technology, it is possible to reduce too much paperwork and increase transparency, competence, and speed. Moreover, the technique permits monitoring of remittances to projected beneficiaries. Using the blockchain, all aid payments could be processed swiftly and efficiently. Above all, this allows the tracking of payments to the intended recipient transparently.
Blockchain can’t prevent natural disasters, but it’s top of mind as a solution right now when millions of people are struggling with this season’s record-breaking natural disasters.