Ep 52 | The Future of Humanitarian Aid with Joseph Thompson of AID:Tech
March 3, 2022
The pandemic catalysed the world's transition to digital processes. Alongside natural disasters and persistent poverty, it also shined a light on the need for global humanitarian efforts to upgrade to better ways of delivering on their goals for impact and preparing for an uncertain climate future. Combined with emerging solutions for self-custody of digital identity, leaders of humanitarian initiatives are rethinking how they can make each dollar go further while reducing overhead and misuse of funds with the help of new financial infrastructure.
In this episode of The Money Movement, Jeremy is joined by Joseph Thompson, Co-Founder & CEO at AID:Tech.
The pandemic catalysed the world's transition to digital processes. Alongside natural disasters and persistent poverty, it also shined a light on the need for global humanitarian efforts to upgrade to better ways of delivering on their goals for impact and preparing for an uncertain climate future. Combined with emerging solutions for self-custody of digital identity, leaders of humanitarian initiatives are rethinking how they can make each dollar go further while reducing overhead and misuse of funds with the help of new financial infrastructure.
In this episode of The Money Movement, Jeremy is joined by Joseph Thompson, Co-Founder & CEO at AID:Tech.
They cover:
👉 [00:01:40] AID:Tech’s mission and inspiration
👉 [00:04:17] Where AID:Tech is today, in realizing its mission
👉 [00:07:13] Joseph’s views on skeptics’ assessment of the humanitarian uses of blockchain and digital currencies
👉 [00:15:34] Decentralised identity on blockchain
👉 [00:22:07] Global wallet solution: use of stablecoins as a medium of exchange and stored value
👉 [00:29:06] The reduction of remittance fees
👉 [00:33:36] Use of blockchains for parametric insurance in the US
👉 [00:38:38] Use of software wallets for peer to peer for digital cash transactions globally
If you’re interested in the use of digital identity on the blockchain, humanitarian use cases of blockchain and digital currencies, and the possible use of stablecoins by the world at large, tune into this episode of The Money Movement.
Subscribe here:
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And connect with Joseph here:
👉 Twitter: https://twitter.com/JosephThompson
👉 LinkedIn: https://linkedin.com/in/josephthompson11
About the show
The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient, and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.
The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through programmable internet commerce. Learn more about Circle Business Accounts and Platform APIs at circle.com.
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