In episode 172, which is the second part in our two-part series, we welcome back Njeri Muhia and Abeera Akhtar from Mercy Corps Ventures, Greg Schneider and Marie-Odile Zanders from Empowa, and Irthu Suresh from Atlantis. We continue exploring their pilot projects that leverage Web3 technology to build climate resilience, diving deeper into the role of cryptocurrency and blockchain technology, how to effectively measure impact, the next steps for scaling their Web3 projects, and much more.

--Key Takeaways--

• The core aspects that make blockchain unique like immutability, transparency, and the ability to reach consensus quickly, are gamechangers in international development efforts. They can increase efficiency by cutting out intermediaries, while making it much easier to monitor and verify the impact of projects.
• Many developing economies leapfrogged traditional technology like LAN lines and Ethernet, going straight to mobile and wireless technologies. This has resulted in a high level of penetration of wireless tech, which has helped fuel the growth of Web3 in these areas, leading to many exciting innovations.
• It’s important to remember that blockchain is a backend solution when introducing innovations to communities. It is far more important for beneficiaries to be aware of the benefits and values of the project, and how it will improve their lives, rather than the intricacies of the technology behind the innovations. You can slowly educate the community on blockchain and crypto as you go, but it doesn’t need to be a part of the initial sales pitch.

--Full shownotes with links available at--
https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-episode-172-piloting-change-part-2-exploring-web3-innovations-for-real-world-impact-ft-mercy-corps-ventures-empowa-and-atlantis

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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.