Paul Currion

Jul 20, 2015

10 min read

AidCoin: a revolution in humanitarian financing

Introduction

Why is this important?

A SPECULATIVE MODEL: AIDCOIN

What are the major challenges?

  • If an aid agency pays its staff, both international and national, in AidCoin, how do those staff redeem that currency for real-world expenditure?
  • If a logistics company receives AidCoin upon delivery of e.g. tarpaulins, how do they use those AidCoins to pay the initial manufacturer of those tarpaulins?
  • How does a merchant in e.g. Myanmar redeem the AidCoin she receives from a refugee to purchase a jerry-can?

Conclusion

I live in the city because I got tired of living up the mountain.

Love podcasts or audiobooks? Learn on the go with our new app.