IBM poses a challenge to choose the best trained developers to create a platform based on Blockchain to optimize the problem of donations for humanitarian causes at an international level.
The project will come hand in hand with IBM and the initiative of the United Nations "Global Citizen", who will join in a campaign, "Challenge Accepted", focused on reducing the poverty rate and high risk citizens.
The co-founder of the initiative, Simon Moss, said Blockchain technology has the potential to create a humanitarian aid infrastructure, as it will improve transparency in the flow of donations and foreign exchange.
Moss added that:
Blockchain technology can provide clarity not only about who donates, but also about how money and supplies circulate through organizations that provide help, such as tracking a gallon of water purchased by an organization to the place where it was delivered.
For his part, Kathryn Harrison, product manager at IBM, commented the following:
I think it's a really exciting opportunity to help citizens and see how they can build something that drives responsibility and improvement in the sector [of non-governmental organizations]. [...] We are focused on many different types of use cases. We consider food security, we analyze microfinance, we look for aspects such as the environment, carbon credits and energy savings.
The challenge will begin on May 15 and end on July 14, in the end only five winners will be chosen from the hundreds of contestants. Then, the projects will be published on the IBM Blockchain platform for future implementations.
Also, winners will receive other benefits, such as tickets to events that support charitable causes.
This is not the first time that an initiative advocates for causes in favor of the most needy or territories with economies in decline.
Last Thursday, April 3, Cardano - a company focused on the development of Blockchain technology - signed a Memorandum of Understanding (MOU) with the Ministry of Science and Technology of Ethiopia to bring distributed accounting technology to the region's agricultural development .