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Blockchain is one of the most disruptive technologies of our times and has the potential to change the way we take care of our health, we send and receive money, exchange and communicate. However, the social impact could be the most important result of the blockchain revolution.
First of all, according to the last report of the United Nations, the blockchain can be used to solve the problem of inequality afflicting human society and takes various forms including economic inequality, gender, class and policy .
BlockShow has always been at the forefront of this quest to end the inequality and has provided a platform for open discussions about ardent social problems. At BlockShow Europe 2018, the participants voted for the most important women in the blockchain, while BlockShow Americas 2018 the conference to be held in Las Vegas on 20-21 August, will offer another opportunity to concentrate on issues of equality during a dedicated panel entitled "How the blockchain affects the emerging economies of the Americas".
The in-depth round table will focus on ways in which blockchain can help emerging economies in North and South America. Participants will talk about financial inclusion and discuss how blockchain technologies can be used to provide unbanked financial and banking services
Stop corruption
Developing countries often suffer from high levels of corruption, which has an extremely negative impact on government social programs and affects groups of socially disadvantaged people more. One in three people in the countries of Latin America and the Caribbean interviewed by Transparency International said they had to pay a bribe during the use of public services. This means that almost 90 million people, based on the estimated population of these countries, have been victims of corruption in their countries.
"The significant impact of corruption on income inequality and the negative effect of corruption on income growth for the poorest 20% of a country has been empirically tested (Gupta et al., 2002 ), "the OECD points out .
Blockchain technology can solve this problem by providing solutions based on cryptocurrency at low cost or without mobile costs. The number of mobile phone users is expected to reach 2.87 billion by 2020. Powerful DAPPS combined with high telephone usage can block losses in Official Development Assistance (ODA).
No more gender discrimination
the gender pay gap of 18% in the United States in 2017 is decidedly better than the 36% recorded in the years & # 39; 80, demonstrating that women do not get the due. According to Pew Research four out of ten women workers have faced a prejudicial attitude or another form of gender discrimination at work, which means that there are serious problems to be solved.
Meanwhile, blockchain-based solutions can help eliminate the gender-based pay gap, thus providing an incentive for female professionals. With the implementation of private solutions based on blockchain, companies can make the payroll more objective and fair, according to Ian Bond .
Blockchain itself is an area dominated by men until now, but there is space and opportunity to improve. As Blockshow demonstrates, women are able to play a key role in building community by creating a favorable environment and fostering involvement. The blockchain industry is hungry for talents from all walks of life. This means that blockchain has the capacity to empower women in building technological solutions and to offer them opportunities as creators and users.
Leveling the social gaming field
When it comes to poverty, statistics from the United States Census published in September 2017 paint a bleak picture. However, advanced social security and improved benefit delivery channels can reduce the pain of people living on the bottom line while saving government money. For example, fraud within the Supplemental Nutrition Assistance Program (SNAP), also known as the Food Stamps, has increased in the four consecutive years prior to 2016. Food stamp fraud increased by 61% to $ 592, 7 million in 2016 from $ 367.1 million in 2012, according to Forbes .
In this sense, the panel is an opportunity to develop ready-to-use solutions for urgent social issues. Members of this group will discuss the equality and inclusion of communities and minorities in the blockchain ecosystem.
A blockchain-based system can solve the problem of fraud in various areas, including social benefits and social security programs for marginal sections of society. The Blockchain 4 Good panel: Making Every Voice Heard will be dedicated to solutions for these searing social problems. Participants will discuss the inclusion and the equality of minorities in the blockchain ecosystem. The ideas that will emerge from the panel discussions will promote a greater involvement of women, sexual minorities, etc. So that they can perceive the benefits of blockchain technology.
Focus on equality
BlockShow encourages unorthodox solutions for use in real life blockchain technology cases. It will get a mass adoption only if there is a unified effort to be applied to different sectors and social landscapes. BlockShow America 2018 will bring together the world's leading experts, who will discuss solutions to urgent problems over two days. Big names like Mike Butcher, Editor-at-large by Techcrunch, Nouriel Roubini, Founder and President of Roubini Global Economics, Alex Mashinsky, Serial Entrepreneur, Venture Investor, Tech Innovator, Founder of Celsius Network, Johanna Maska, Director of the White House Advance Awards for President Barack Obama and others will share their insights during the conference, creating the best chance to make this world fairer and protect socially more vulnerable groups.
Registration for BlockShow Americas 2018 is already open!
Visit the official website of the conference to register and purchase tickets at a huge discount under the Super Early Bird offer with the code: 25CRYPTOVEST
