Creating an official currency for the Refugee Nation using blockchain technology – helping to empower displaced people worldwide, and to build a transparent aid system.
When refugees have been arriving from perilous journeys by boat or across borders, it is common case that they will have lost everything but their smartphones. Using a cyrptocurrency not only allows refugees to use their phones for payment, but creates a borderless currency for borderless movement. Money cannot be lost or stolen, and exchange rates cannot be confused or exploited.
As well as this, the entire world can use the currency to fund transparent aid – public ledgers used in blockchain technology allow people to see where their money has gone, and who it has been able to help.
AKQA Future Lions 2018 Shortlisted