Saturday, January 16, 2021

Charitable Centralization Problems: How Can Blockchain Help? – Coindesk

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They call it the charitable-industry complex: a system where money for development, humanitarian needs, and the lives of billions of people are regulated through a top-down process, run by U.S. charities and regulated by U.S. tax regulations.

Join Michael Casey And Sheila Warren As they talk to Matthew Davy, Kiva’s Chief Strategy Officer and with him Alpen Seth Senior technologist at Mercy Corps’ blockchain.

The first re-imagined podcast episode of 2021 dives into the problems created in it. Can we move away from this top-down, centralized system to create a humble model that public charities are trying to help? And will the decentralized power of crypto and blockchain technology play a meaningful role?

In this episode we dig into the “why” of this new technology empowerment. What is the issue in question? And more importantly, who is it for?

See also: 30 years later, Internet identity found correctly

“Reconsidering money is not about money but about the complexity of surrounding systems. […]The exciting thing about crypto is that it is likely to be a partial situation for the exclusionary problems plaguing our financial system, ”said Sheila Warren.

According to Matthew Davy, “There is a gap between the informal sector and the formal sector and you can’t build a bridge without determining how to solve the problem. So, we came from the system saying we need a verifiable identity and how we do it. Shall I? “

“What we get is that the sanctions are too broad for any department to understand so it has to be broken. There [are] Sufficient gender inequality[ies]. Owning his device, participating in the economy, those people in the vicinity of the disaster are stuck just below the intermediate levels to do basic activities, “said Alpen Seth

Matthew Davy @ Kiiva Focuses on long-term strategic initiatives to drive systematic financial inclusion for the world’s most respectable population. He oversees corporate strategy, emerging technology development, and policy and regulatory engagement.

Alpen Seth, PhD, Senior Technologist, Blockchain, A Mercy Corps. A blockchain advisor for companies in the insurance, identity and energy sectors. Previously, he co-founded the Economic Space Agency, a blockchain R&D startup, and later became head of the product. Etheris.com, An insuretech company, creates smart-contract based applications in different countries



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