by Arbaz Khan
Paying foreign aid has long been a difficult task for donor countries. First aid has generally been sent to refugee camps and war-torn countries, more developed countries, especially Africa, South America and the Middle East. Some of the issues are a lack of accountability, a lack of records, and the fact that it helps reach target customers. However, this appears to be a blocked solution. This article presents its possibilities and methods.
Blockchain has proven that international aid can increase efficiency and transparency. The biggest difficulty in providing support is the large number of arbitrators in the value chain. Most poor people are not transparent and often misuse their money. This is worse than ever because many areas (buyers) do not have a support infrastructure.
Here comes the blockchain. Most foreign aid is distributed in cash. For example, the United Nations World Food Program distributes non-food aid in the Middle East. There are several versions of this program. For example, the agency uses a crypto voucher that is used as a gift card to exchange consumer food and other needs. Each refugee’s identity is numbered and placed in a lock chain. Immigrants should only check ID, retina scan, take care of World Food Program bill and pay the bill at designated places. This technology does two things. This ensures that the jury members are destroyed, while at the same time providing assistance to those who want it.
The service agreement, like the others, eliminated all interactions in the service. Buyers in different countries are assisted using fixed deposits and local currency exchanges. Many buyers are interested in this project. This agreement, like agreements that do not cost money, provides significant discounts and ensures that the services reach the needs of the customers.
Other designs require registration of multiple agents in addition to blocking all functions. However, currency exchange rates in local banks can fluctuate.
In each of these cases, it is clear that the money is moving towards cash, because it is easier to manage and allocate money. The uniqueness of the block ensures that each transaction is sent from the sender to the recipient.