Blockchain and distributed ledger technologies in the humanitarian sector

Author(s)
Coppi G. and Fast, L.
Publication language
English
Pages
46pp
Date published
01 Feb 2019
Type
Research, reports and studies
Keywords
Accountability and Participation, Technological, Information Management

Blockchain and the wider category of distributed ledger technologies (DLTs) promise a more transparent, accountable, efficient and secure way of exchanging decentralised stores of information that are independently updated, automatically replicated and immutable. The key components of DLTs include shared recordkeeping, multi-party consensus, independent validation, tamper evidence and tamper resistance (Rauchs et al., 2018). Building on these claims, proponents suggest DLTs can address common problems of non-profit organisations and non-governmental organisations (NGOs), such as transparency, efficiency, scale and sustainability (Accenture, 2017).