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dc.contributor.authorRust, Björn
dc.date.accessioned2019-12-13T10:05:52Z
dc.date.available2019-12-13T10:05:52Z
dc.date.issued2019-10-31
dc.identifier.urihttp://hdl.handle.net/10546/620926
dc.description<html> <head> <title></title> </head> <body> <p>Blockchain technology has seen increasing support in the aid sector as a means of delivering financial assistance in place of traditional in-kind support, especially among the unbanked. The technology has potential to address existing pain points of traditional cash and voucher assistance (CVA), now widely accepted as the most dignified and appropriate form of humanitarian assistance.</p> <p>In the Unblocked Cash pilot, Oxfam investigated whether blockchain can reduce the cost and transaction time of CVA, while improving transparency, security, and overall user experience in Port Vila, Republic of Vanuatu.</p> <p>Oxfam worked with private sector partners Sempo and Consensys to distribute 966,443 Vanuatu Vatu to 187 households and 29 vendors via the Ethereum token DAI, &#8216;wrapped&#8217; in a Crypto Collateralized Voucher and issued near-field communication cards designed for low-connectivity environments as a means of payment for goods through a local vendor network.</p> <p>The pilot demonstrated modest cost and time savings related to operational activities including a reduction in recipient enrolment time to an average of 3.6 minutes per individual compared to over an hour during previous cash assistance programmes. Additionally, the tested system eliminated slow identity verifications and reduced dependency on post offices or banks to deposit cheques and/or withdraw cash.</p> </body> </html>en_US
dc.format.extent53en_US
dc.language.isoEnglishen_US
dc.publisherOxfam Australiaen_US
dc.relation.urlhttp://policy-practice.oxfam.org.uk/publications/unblocked-cash-piloting-accelerated-cash-transfer-delivery-in-vanuatu-620926
dc.subjectAiden_US
dc.subjectHumanitarianen_US
dc.subjectPrivate sectoren_US
dc.subjectResilienceen_US
dc.titleUnblocked Cash: Piloting Accelerated Cash Transfer Delivery in Vanuatuen_US
dc.typeResearch reporten_US
oxfam.signoff.statusFor public use. Can be shared outside Oxfamen_US
oxfam.subject.countryVanuatuen_US
oxfam.subject.keywordBlockchain, digital ledger technology pilot, humanitarian response, disaster preparedness, e-voucher, cash transfer, cash and voucher assistance, Vanuatu, Oxfamen_US
refterms.dateFOA2019-12-13T10:05:53Z


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