Accurate realization method of highly transparent disaster relief by encryption currency

Airdrop photo of relief supplies due to the insertion TELECOIN of the main image

Telcoin (virtual currency startup originated in Tokyo) uses a cryptographic currency to partner with each telecommunications carrier on a mobile money platform for efficiently distributing relief supplies to the hazardous area of

the afflicted area "aerial drop" It was decided

Although it remains three months remaining in 2017, the natural disaster that happens as if it can be finished already brings about enormous damage to every place. From the Caribbean hurricanes to the floods and landslides in South Asia, the lives of thousands of people worldwide are deprived, and thousands are forced to evacuate without adequate food and temporary housing It is. Looking at relief activities against the Hurricane "Hervey" in Texas, we already have the aid of several million dollars, but regardless of the size of the donation, how the supporter's money is used and how It is hard to understand whether the current situation supports the lives of victims.

For example, at the time of the 2010 Haiti earthquake, a fantastic amount of fund donation of 488 million dollars gathered under the American Red Cross (ARC), well-known as a disaster relief fund donation destination. However, after subtracting 9% "administrative fee," the organization was able to provide blankets, hygiene kits, temporary housing only. These are probably necessary supplies right after the disaster, but their support contents could not be said to be worth the donation of the scale of nearly 500 million dollars. After two years since the Haiti earthquake that lost 100,000 people to 300,000 people, ARC successfully explained why it was less than one-third of the total donation contributed to actual relief activities I could not do it.

However, by using a cryptographic currency based on fast blocking speed and high transparency blockchain technology, we can significantly change disaster relief activities all around the world. Bitcoins and earmarks are already used in support activities for Syrian refugees and Texas hurricane victims.

There are various merits to the use of encryption currency, but the question remains about how to distribute currency and how easy it is to use the currency received by the victim. Bitnation of Block Chain Startup is used to distribute relief supplies to refugees by issuing ID (ID card) and Visa card. However, although this method works for people in refugee camps, I do not know where natural disasters will occur.

With a partnership with the existing mobile money platform, Telcoin offers innovative solutions to distribution and availability issues. That is, in areas that are susceptible to natural disasters, we found that most citizens are actively using mobile money services.

Individuals and organizations can purchase and donate Telcoin online in the future to immediately distribute donations to mobile money accounts of all those who own mobile phones in the danger area. Even in the most impoverished region of the world today, most adults own mobile phones, almost all of the mobile money platforms correspond to basic mobile phones by using text messages and USSD transactions I will. (That is, no smartphone is needed.)

From the viewpoint of prevention of fraud, it is easily possible to limit distribution only to mobile users who were active in the GeoFence area in the previous month of the disaster. Telcoin has already committed to develop geofencing technology and fraud prevention software and exempt the transaction fee at the time of disaster relief transfer so that 100% of the donation will reach those who need it.

Coin's "Airdrop" in the world of cryptographic currencies usually means distributing coins evenly among all members of a particular group. For example, everyone living in a specific area or everyone who owns one specific crypto asset. In the case of disaster relief by Telcoin, air dropping will be carried out for all those who have held mobile phones used in the affected GeoFence area before and after the disaster event.

For example, by drilling one dollar into the air every day for people who have suffered severe damage, you can quickly deliver emergency relief goods while ordinary relief supplies are being transported. As a primary premise, friends and families in neighboring areas can supply food and water faster than relief organizations. After the user receives Telcoin's donation in the form of mobile money, by sending the text, it becomes possible to transfer the funds to someone who can access the aid in the vicinity of the disaster area.

Even when the afflicted areas are out of power, almost all the mobile phone relay tower base stations (especially poor regions with unstable distribution grid) have backup batteries and diesel generator. Cellular phone networks have proved to be highly capable of maintaining and restoring network coverage areas by human power delivery of power generation fuel even during disasters until the power distribution network is restored. In the most severe aspect where the mobile phone infrastructure is destroyed, remote base stations are airlifted, and connections can be established by electromagnetic waves or satellite communication before international aid supplies can be transported from outside the country It is supposed to be.

By adding a communication and mobile money ecosystem to a combination of various aid forms, Telcoin can realize a compelling use case of performing aid simply. If a "good Samaritan" with a cryptographic currency utilizes blockchain technology intended to reduce intermediaries instead of remitting non-convertible donations to charitable organizations for relief efforts, It is evident if you look at the digital ledger to see who received the funds. For donors who do not have access to the encryption currency, Telcoin will provide an easy way to purchase Telcoin for disaster relief purposes by credit card or bank transfer.

Telcoin continues to discuss with mobile operators around the world about the connection of mobile money platform and use cases for disaster relief. "The acceptance of encryption currencies faces obvious regulatory obstacles, but due to the use cases of disaster relief so far, timely and important discussion on rescuing vulnerable people by tokens like Telcoin It was created, "says Pelle Newner, co-founder of Telcoin. "The people in the telecommunications industry that I've talked so far are all very proactive about the prospect of being involved efficiently in supporting the people I need instantaneously."

Even in 2005, which is said to be the eve of the social media prosperity, the Z Smith Renalz foundation said, "Disasters are instantaneous events that leave large scratches, and the same can be said about donation activities just after a disaster. The more you plan yourself before the disaster occurs, the better you will be able to hang out from each side immediately after the blow successfully. " Today the spreading speed of disaster coverage becomes faster, and relief activities are linked with social media and deployed in real time, so this remark is getting even more. Telcoin believes that donors from all over the world will rush if there is a way to remit funds that are highly transparent, efficient, and instant direct remittance to people in the affected areas.

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