Tuesday, September 10, 2019

A new way to tackle Disaster Relief with blockchain. Need Feedback

Hello fellow redditors. I work in Nassau Bahamas and have had to recently deal with the problem that was the CAT 5 Hurricane Dorian. For those of you unaware, Hurricane Dorian passed through the Bahamas causing 50 fatalities and counting as well as billions of dollars worth of damage displacing thousands of people. This is not just a tragic event but a wake up call for everyone, not just in the Bahamas but worldwide. Now I see so many organizations trying to organize Relief Funds and Donation Drives. However the unfortunate state of the matter is, with corrupt bureaucracy, most of these funds end up in the pocket of politicians and never really end up with the people who need it the most. Also not enough people are putting their heads together to try and find solutions for the problem which is prevention of such natural disasters. With global warming and the lack of concern shown by governments such natural disasters are only going to get worse in the years to come. I feel it is up to us common folk to try to take matters into our own hands. This is where I might have a solution.

My idea is to collect individuals to start a Decentralized Disaster Relief Foundation using blockchain. For those of you unfamiliar with blockchain, its the core structure and functioning of what you know as cryptocurrencies (Bitcoin, Ethereum, etc). The main allure to blockchain is that its decentralized, meaning there is no central node just a bunch of nodes connected to each other working in harmony. The beauty about blockchain is that it's tamper-proof, time stamped and lasts forever. This is has caused people to start Decentralized Autonomous Organizations or DAOs as they are commonly known. DAOs are organizations that are represented by rules encoded as a computer program that is transparent, controlled by shareholders and not influenced by a central government. A DAO's financial transaction record and program rules are maintained on the blockchain. Now that you're familiar with the terms, let me elaborate on what I envision.

Imagine a fund where it's accessible to anyone in the world digitally. Philanthropists around the world can donate money to a cause of their choice and due to the blockchain would be able to see exactly where their money went and how it was used, thus preventing people from siphoning money from the Fund. But you're wondering, what if I don't have any money to offer but still want to help. That brings me to the next part.

As you know after any disaster you need a lot of people, in varying fields, to help. Now imagine you could go onto this fund website, and look at all the jobs needed to help. Under each job description would be a certain amount of money that you would receive, should you choose to accept and complete the job. Everything from Manual labor, to providing resources or connections, to coming up with ideas and designs to solve and prevent future tragedies. You could apply for the task of your choosing, complete it and get paid. Similar to reddit where people come together to tackle an issue, but instead of upvotes you get money. And to ensure that everyone gets paid, the money will be placed in an escrow account using blockchain so no one can tamper with it. Once the task is complete, the contract which is also based on blockchain (Look up Smart Contracts) transfers the money into your account. You can choose to do it as a one time thing or continue to help with other jobs and get paid accordingly.

I see this as an opportunity for us to band together and help in anyway we can to solve any problems that might plague humanity. I am currently talking with a lot of powerful people in the Bahamas to get this is place but figured it would help greatly to hear what the world has to say to this idea. If we, the people, don't come together and do something the planet we call home might be doomed.But if we all put our minds and resources together, we might actually be able to make a difference. I'm curious on any feedback, comments or ideas that you might have because your idea might be the one to make a difference. Thank you for your time. In the words of Elon Musk, Fight for the Light of Consciousness.


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