Post
Topic
Board Bitcoin Discussion
Re: Using crypto to help the homeless - (for real - with pics!)
by
kuldipgajjar
on 01/07/2021, 04:28:57 UTC
Soon, though, that could change. In May, Austin began piloting a project to give the homeless a portable, digital identity, hosted on blockchain technology. It’s funded by a $100,000 grant to test the idea, and in the running for a $5 million program grant from Bloomberg Philanthropies’ Mayor’s Challenge. For those whose lives are characterized by impermanence, the city hopes to provide a digital footprint in a system that will exist online—one that can’t be deleted, lost, or stolen. One that the individuals can control themselves, and that can be used by homelessness service workers to provide better, more informed aid.