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The EU Could Use Blockchain Technology to Process Asylum Applications

August 29, 2022 at 12:50 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Blockchain technology doesn’t seem to be going anywhere soon. Although the crypto market that catapulted blockchain into the mainstream is experiencing historically low prices, blockchain is currently riding high. Companies across several industries are considering integrating blockchain into their structure due to its decentralized nature, which offers increased security, privacy and traceability.

Now, it seems that blockchain could play a major role in humanitarian efforts in Europe in the wake of Russia’s unprovoked attack on Ukraine. The Russia-Ukraine war has resulted in the largest influx of immigrants across the European Union. While the 2015 North Africa and the Middle East crisis displaced…

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