Remember those pictures of hundreds of pallets of unused water sitting on a runway in Puerto Rico? It’s a tough picture of waste that’s repeated all too often when it comes to disaster relief. Well, there’s hope that new blockchain technology could help reduce waste, improve communications and enhance overall effectiveness of relief efforts. We think that’s pretty cool! According to the Defense Logistics Agency (DLA), blockchain technology has “enormous” potentialin helping to improve disaster relief efforts.
Historically, DLA tracks logistics via a centrally managed system, which can be cumbersome and hard to synchronize across all stakeholders. Whereas blockchain could allow the agency (and its partners) to better track data, improving supply chain transactions and in-transit visibility of shipments. Turn out DHS is so excited about the possibility of blockchain solutions that they are offering grants up to $800K for blockchain technology startups. Go blockchain!