Home Technology Crypto as a Force for Good: How Blockchain Technology Enables Humanitarian Aid Efforts

Crypto as a Force for Good: How Blockchain Technology Enables Humanitarian Aid Efforts

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Behind the buzz about bitcoin and non-fungible tokens, blockchain technology enables serious projects. Global financial companies are realizing the potential of decentralized managementwhile on the other side of the financial equation, nonprofits are using technology to protect cultural property and collect and distribute humanitarian aid faster and more efficiently than is possible with traditional methods.

Over $60 million has been donated via crypto-only”Help for Ukraine” donation site. These funds help the Ukrainian government purchase medical supplies, field rations, protective equipment and military accessories, such as tactical backpacks and thermal imaging cameras.

“Individuals who don’t represent sovereign nations around the world who donate cryptocurrency don’t escalate tensions because it’s not money from a country,” said Brittany Kaiser (pictured), co-founder of Own Your Data Foundation, explaining why she helped launch the ‘Aid For Ukraine’ site.

Kaiser spoke with industry analyst theCUBE furry jeans at Monaco Crypto Summit, during an exclusive broadcast on theCUBE, SiliconANGLE Media’s live streaming studio. They discussed the growing importance of decentralized technologies and harnessing the power of data for good. (*Disclosure below.)

Data science is the fastest and most effective way to solve global problems

If Kaiser’s name sounds familiar, it’s because she was a whistleblower behind the Cambridge Analytica scandal and appeared in the documentary “The Great Hack.” In 2019, she published a memoir, titled “Targeted: The Cambridge Analytica Whistleblower’s Inside Story of How Big Data, Trump, and Facebook Broke Democracy and How It Can Happen Again”.

Although she learned the hard way that “data can be used for anyone, for any purpose,” Kaiser’s goal has always been to use data to prevent disaster and benefit people. humanity.

“I got into data science specifically because I believe data science will be the fastest and most efficient way to solve many global problems and also be able to drive impactful campaigns and initiatives in promote human rights in a more transparent and effective way,” she said.

Today, Kaiser is a leading nonprofit organization Own your database and travels the world to advocate for digital intelligence education. She describes her mission as “attempting to explain to people how data protection, how the transparency, track and trace that we don’t get from legacy technology is actually made possible by a new form of decentralized cryptography and immutable”.

Sometimes that means explaining complex technological concepts to regulators and legislators who have no understanding of the digital world. But, by showing them real-world examples of how decentralized technologies are already being used by government entities, Kaiser is connecting at a level where they understand the benefits to their community.

The world is realizing the benefits of blockchain

According to Kaiser, only about 10-20% of the general population currently truly understands how these technologies work and are beginning to use them. However, she predicts that this number will increase sharply over the next two years.

“The only way to live life more successfully is to have an overarching digital strategy that brings decentralization to make sure things can still work even when we’re in crisis,” Kaiser said.

Blockchain technology can provide more than a fast, efficient, and apolitical way to deliver humanitarian aid. It can also be used to protect and restore physical cultural assets, as shown in the Ukrainian Heritage Centerwhich aims to contribute to the preservation and protection of the heritage of the Ukrainian people.

“We document all national monuments, all UNESCO and Ministry of Culture historic listed buildings, as well as antiquities, artifacts and art inside museums, so one of the blockchain says these things are from ukraine [and] if something is destroyed or looted, we know where to bring it back,” she said.

The hub also stores an exact digital blueprint of buildings and artifacts so that severely damaged or destroyed assets can be recreated or rebuilt.

“We’re able to use new technologies that didn’t exist the last time this big problem happened to solve it in new ways and do it really quickly and in a way that the whole world can participate,” said- she added.

Here’s the full video interview, some of SiliconANGLE and theCUBE’s coverage of Monaco Crypto Summit an event:

(*Disclosure: TheCUBE is a paid media partner for the Monaco Crypto Summit event. Neither DigitalBits, the sponsor of theCUBE event coverage, nor the other sponsors have editorial control of the content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE

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