Can Bitcoin Make a Difference in the Global Aid Sector?

Can Bitcoin Make a Difference in the Global Aid Sector?

Cash and gifts-in-kind are the two main types of relief when it comes to assisting those who have suffered in the face of natural disasters, but bitcoin is becoming an ever more popular option. In the aftermath of the 2004 Indian Ocean tsunami, over $14bn was pledged by the international community for the relief and recovery of the 14 countries affected by the natural disaster - one of the deadliest recorded in history. Paul Currion, an independent consultant for humanitarian organisations, told CoinDesk this "huge outpour of public support" meant a lot of organisations had more funding....


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