Blockchain: the technology that could revolutionize development funding

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Laurent Lamothe, former Prime Minister of Haiti, said he was a firm believer in potential of Blockchain to raise much-needed revenue for development. According to him, Blockchain is the kind of technology that would have helped his own country, Haiti, recover from the 2010 earthquake, by contributing to the financing of various social programs and promoting financial inclusion.

[fulltext] =>

Laurent Lamothe, former Prime Minister of Haiti, said he was a firm believer in potential of Blockchain to raise much-needed revenue for development. According to him, Blockchain is the kind of technology that would have helped his own country, Haiti, recover from the 2010 earthquake, by contributing to the financing of various social programs and promoting financial inclusion.

 

Blockchain is a distributed online ledger that has the ability to record not only financial transactions, but also everything of value, which makes it applicable to many different businesses. Laurent Lamothe sees in it a revolutionary way to help the governments of emerging countries raise revenues for their socio-economic development, in association with innovative financing mechanisms such as micro-contributions.

 

Although he is aware that the widespread use of this technology will require a mindset shift, due to the fact that it is truly public and does not require central management, he is convinced that its many benefits will soon outweigh the possible teething problems. 

 

Read the full press release.

 

 

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Laurent Lamothe, former Prime Minister of Haiti, said he was a firm believer in potential of Blockchain to raise much-needed revenue for development. According to him, Blockchain is the kind of technology that would have helped his own country, Haiti, recover from the 2010 earthquake, by contributing to the financing of various social programs and promoting financial inclusion.

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Laurent Lamothe, former Prime Minister of Haiti, said he was a firm believer in potential of Blockchain to raise much-needed revenue for development. According to him, Blockchain is the kind of technology that would have helped his own country, Haiti, recover from the 2010 earthquake, by contributing to the financing of various social programs and promoting financial inclusion.

 

Blockchain is a distributed online ledger that has the ability to record not only financial transactions, but also everything of value, which makes it applicable to many different businesses. Laurent Lamothe sees in it a revolutionary way to help the governments of emerging countries raise revenues for their socio-economic development, in association with innovative financing mechanisms such as micro-contributions.

 

Although he is aware that the widespread use of this technology will require a mindset shift, due to the fact that it is truly public and does not require central management, he is convinced that its many benefits will soon outweigh the possible teething problems. 

 

Read the full press release.

 

 

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Laurent Lamothe, former Prime Minister of Haiti, said he was a firm believer in potential of Blockchain to raise much-needed revenue for development. According to him, Blockchain is the kind of technology that would have helped his own country, Haiti, recover from the 2010 earthquake, by contributing to the financing of various social programs and promoting financial inclusion.

 

Blockchain is a distributed online ledger that has the ability to record not only financial transactions, but also everything of value, which makes it applicable to many different businesses. Laurent Lamothe sees in it a revolutionary way to help the governments of emerging countries raise revenues for their socio-economic development, in association with innovative financing mechanisms such as micro-contributions.

 

Although he is aware that the widespread use of this technology will require a mindset shift, due to the fact that it is truly public and does not require central management, he is convinced that its many benefits will soon outweigh the possible teething problems. 

 

Read the full press release.

 

 

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