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Blockchain-based solutions aim to address US disaster relief

Published 07/14/2022, 09:03 AM
Updated 07/14/2022, 10:40 AM
Blockchain-based solutions aim to address US disaster relief

Natural disasters in the United States are becoming more prevalent, resulting in increasing costs, a lack of transparency between state and government organizations and a slew of other issues impacting relief systems.

The Pew Research Center found that the Federal Emergency Management Agency’s (FEMA) public assistance program spent 23% more on natural disasters between 2010–2019 than it did during 2000–2009. Data from Climate.gov further shows that 2021 was the third costliest year in history for natural disasters in the U.S., totaling over $145 billion in damages from 20 weather-related incidents.

Flooded I-10/I-610/West End Boulevard interchange northwest New Orleans and Metairie, Louisiana
Fire cloud from the Dixie Fire, the largest in the history of California wildfires. Source: Frank Schulenburg

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