Blockchain-Based Transparent Disaster Relief Delivery Assurance

Abstract

Blockchain technology presents benefits that change the way business partners interact. This new way of establishing democratic trust encourages business owners to think differently. Disaster relief and aid industries are built on the power of collaborating participants. A very high number of participants in different hierarchies, including donors, charities, disaster victims, insurance companies and government agencies interact under extraordinary circumstances of a disaster and hard times. Establishing a new way of trust brings forward a better disaster recovery. In this paper, we propose a blockchain-based ecosystem. The blockchain-based disaster recovery not only would enhance the basic processes around disaster relief, but also promote the willingness of help by transparency and potential fraud prevention. This new blockchain system introduces an opportunity to be more resilient, to react rapidly, to communicate transparently, and to include new contributors such as IoT.