Can Blockchain Technology Solve Problems Of Refugees?

Blockchain technology can help digitize the identity of refugees and deal with inefficient transactions. It is noted that there is an increase in the number of refugees from the southern border of the United States to the Middle East and one out of five refugees estimated to disappear while going from Libya to Europe. Whereas more than 50 million are estimated to be displaced forcefully or violently from their native places. After World War II, more people are displaced now and again.

The displaced people are basically stateless and don’t have proper documentation which creates difficulties for them to move and find future destination nations. Federated layers of identity and digitizing records can be designed with the aim to solve this problem. Refugees home countries are not only lost to calamities but also abandoned in flight. The government of a particular nation has to identify each and every detail of refugees which make them face many underlying risks, create federated control structures on the data and make technical partnerships for managing the data. Blockchain technology can help the government do the same. The technology enables refugees to export everything from their credit rating to their health data which will help immigration authorities with easy management refugees process.

Mexico became home to more asylum seekers and most shops don’t accept credit cards in this nation. Therefore, exorbitant fees are charged and these fees are up to 10%. For international transfers, remittance fees are up to 6% for traditional providers like Western Union which means that if $500 is sent, then $30 will be taken by middlemen. Blockchain helps to reduce transaction fees for cross-border payments and this will not only help refugees to send remittance payments back but also people who are looking to donate money for charity purpose. GiveTrack is one of the donation platforms using Blockchain technology with the main objective to make donations more transparent to donors.

The blockchain-based immigration system is also used to track not only courses refugees take but also the resources they need. Whereas Finland is one of the countries using pre-authorized digital cards connected to blockchain and integrating financial resources with identification designed for refugees, Forbes reported.

World Food Programme (WFP) Uses Blockchain For Transactions

The World Food Programme (WFP) is the food assistance branch of the United Nations using a ‘proof of concept’ of Blockchain technology in order to register and authenticate transactions in Sindh province which is located in Pakistan. This food assistance branch has built and implemented a blockchain-based system for refugees in Jordan as well. More than 100,000 refugees have already redeemed their WFP-provided assistance through the system as of October 2018. It keeps a record of transactions and provides greater security along with privacy for Syrian refugees. It builds strong reconciliation and reduces transactions fees as well, according to a report by the official website of The World Food Programme.

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