NABET, NABET 2018 Conference

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Ending Poverty Through Cryptocurrency
ANDREW MANGLE

Last modified: 2018-09-29

Abstract


A solution proposed for ending property is Universal Basic Income (UBI). UBI is the concept citizens would receive funding to cover the cost of living without any preconditions or constraints.  Historically, UBI is considered challenging to audit and administer without adequate technology and policies to monitor and track effectiveness.  Several of the critical properties of Cryptocurrency and the underlying features of Blockchain technology offers a chance to reflect on UBI.  Cryptocurrency initiatives to address UBI have already started, and the panel provides an opportunities to discuss existing and propose better ways of constructing UBI specific cryptocurrency solutions to end poverty.

Keywords


Blockchain, Universal Basic Income, Poverty, Cryptocurrency