Nepal’s Flash Flood Disaster Could Put Blockchain Aid to the Test
- The IFRC estimates 93,000 people affected and appeals for 25 million Swiss francs.
- Nepal already experimented with Rahat, a blockchain aid platform for humanitarian support.
- Blockchain aid can create a traceable record from donors to final recipients.
The floods in Nepal have caused immense damage, wiping out roads, bridges, homes, and key facilities, thus creating a pressing need for aid that’s fast and easy to track.
The IFRC (International Federation of Red Cross and Red Crescent Societies) says about 93,000 people may have been affected and has put out an emergency appeal for 25 million Swiss francs.
Additionally, UNICEF says at least 17,000 children urgently need humanitarian aid. The organization has issued an appeal for $17.2 million to support its emergency response and early recovery work.
The disaster exposes the hardest problem in aid, which is g…
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