**Blockchain Revolutionizes International Aid Distribution**
Blockchain is proving its worth in international aid, enhancing speed and efficiency. Mercy Corps, a global humanitarian organization, is leveraging blockchain to improve "anticipatory action"—acting before crises hit. Scott Onder, Mercy Corps' CIO, highlighted a pilot project where smart contracts triggered aid distribution based on satellite data, cutting costs by 70%.
Onder emphasized that preemptive aid is seven times more cost-effective than traditional methods. While blockchain adoption faces hurdles in the West, it's thriving in emerging markets, where mobile wallets and stablecoins are lifelines. For more insights, catch the full conversation on Cointelegraph’s Podcasts.