Blockchain-based solutions aim to address US disaster relief
Various blockchain solutions are being used by organizations and enterprises to create efficiencies for U.S. disaster relief efforts. Natural disasters in the United States are becoming more prevalent, resulting in increasing costs, a lack of transparency between state and government organizations and a slew of other issues impacting relief systems. The Pew Research Center found that the Federal Emergency Management Agency’s (FEMA) public assistance program spent 23% more on natural disasters between 2010–2019 than it did during 2000–2009. Data from Climate.gov further shows that 2021 was....
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Yet another stablecoin philanthropy initiative launched by Circle during the past year. Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The fund will help mid-western American communities impacted by last week's deadly tornadoes. The two entities hope to raise $1 million in grants to support the American Red Cross and local non-profits.Via Endaoment, blockchain enthusiasts will be able to directly contribute USDC or other cryptos using connected wallets with a minimum donation of $20. The funds....
As an old-school cypherpunk in the 1990s and one of the most active members of the E-gold community before this centralized precursor of Bitcoin got shot down, futurologist Vinay Gupta has been involved with digital currency for over fifteen years. He has also worked with the United States Departement of Defence on disaster relief and state failure issues, and helped develop CheapID, a genocide resistant biometric ID card for the NSA. He later turned his attention to global disaster prevention, and invented the Hexayurt: an open source dirt-cheap disaster relief shelter design which is....
The "Big Four" accountant announced that it would leverage Avalanche's blockchain for a new project. Avalanche (AVAX) rose to a new price high on Nov. 18 and posted weekly gains after its developer, Ava Labs, entered a partnership with "Big Four" accountant firm Deloitte.The AVAX price reached a little over $110 after rising circa 16% week-to-date (WTD), with its circulated market cap hitting $23.76 billion, almost 0.93% of the total crypto market cap. In contrast, AVAX's top rival tokens, including Bitcoin (BTC) and Ether (ETH), fell by over 13% and 12.50% WTD, respectively. Top 15 crypto....
An emerging blockchain startup aimed at revolutionizing the way money is donated to charities for people affected by natural disasters has won theD10e contest in Amsterdam with an exclusive invitation to pitch at the D10e in San Francisco in July. Helperbit, a natural disaster management platform, faces real-world problems harnessing the power of blockchain andgeographic information system (GIS) technologies with the aim of helping people affected by catastrophic events around the world. Aiming to unlock untapped potential donations, which are estimated to be between $4 billion and $8....
COVID-19 has infected more than 17.6 million people in India. A crypto-based relief fund is raising millions to help the country cope with the disaster. The cryptocurrency community has donated over $2.2 million to help India battle a resurgence in COVID-19 cases that has gripped the South Asian country over the past month. Polygon co-founder Sandeep Nailwal established the COVID-19 relief fund to get more food, vaccines and medicine to those in need. On April 24, Nailwal called on his Twitter followers to chip in by donating tokens to a multi-sig ERC-20 address. “Can't take this sitting....