Oxfam Trials Aid Distribution With DAI, Future Use 'Highly Likely'

in dlike •  5 years ago 

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All through May 2019, United Kingdom-based philanthropic association Oxfam International executed a month-long preliminary that saw MakerDAO's DAI stablecoin disseminated as a methods for trade among natives of Vanuatu. The Oxfam activity, named UnBlocked Cash, was directed in organization with MakerDAO, ConsenSys and Australian tech startup Sempo. The Australian government additionally bolstered the program.

Tidal waves, tornados and volcanic ejections include a consistent worry for the natives of Vanuatu, with WorldRiskReport depicting it as the world's most in danger country to cataclysmic event for five sequential years. The month-long program saw 200 inhabitants of the Vanuatu towns of Pango and Mele Maat issued tap-and-pay cards stacked with about 4,000 Vanuatu vatu (roughly $50) worth of MakerDao's DAI stablecoin.


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