President Macron Could Leverage Blockchain to Transform Lebanon Aid

[MRM]

Blockchain technology has the potential to bring transparency to the deployment of financial aid.
Israeli blockchain startup Orbs has published an open letter to French President, Emmanuel Macron. This letter promotes the use of blockchain technology to manage foreign aid following the tragic explosion in Beirut on August 4.

Blockchain’s transparency and accountability could help reassure both private donors and governments that the financial aid they provide is being deployed effectively, it says.

Catastrophic events such as those in Lebanon tend to spur pledges of much needed humanitarian aid from around the world.
Source: https://cointelegraph.com/news/president-macron-could-leverage-blockchain-to-transform-lebanon-aid