Blockchain

“• The blockchain is a type of distributed database hosted across a network of multiple participants. Moreover, the
blockchain provides a way to share information and transfer digital assets in a fast, tracked and secure way.
• The blockchain has the potential to transform the humanitarian sector by providing cost savings and traceability of
information flows, and by reducing transaction times.
• Originally created to transfer financial value, the blockchain is now viewed as having the potential to be an efficient and
secure way to transfer or share any type of information or asset.
• Humanitarian practitioners should understand that blockchain technology can be applied to humanitarian challenges,
but it is not a separate humanitarian innovation in itself.
• When layering applications, such as smart contracts, on top of the blockchain, its full potential can be realized.
• In the humanitarian sector, some potential use cases for blockchain technology are in information management,
identification, supply chain tracking, cash programming and humanitarian financing.
• Since blockchain technology can offer solutions to existing humanitarian challenges, it may be wise to begin studying its
impact and experimenting with future implementation.”

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