Billions Network has partnered with the Spanish Red Cross and BLOOCK to launch a blockchain-based digital aid platform that prioritizes privacy. Announced on February 3, the platform aims to enhance transparency and accountability in humanitarian aid while protecting the privacy of beneficiaries. The system digitizes the aid lifecycle, providing donors with a transparent audit trail without compromising recipient identities.
The platform allows recipients to receive digital aid credits in mobile wallets, usable at local merchants via QR codes, eliminating the need for bank accounts and preventing stigmatization. The initiative is seen as a significant step in using blockchain for social good, addressing transparency and data privacy issues in humanitarian aid.
Billions Network and Spanish Red Cross Launch Privacy-Focused Digital Aid Platform
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