BusinessPostCorner.com
No Result
View All Result
Wednesday, February 25, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Red Cross Deploys Blockchain-Based Digital Aid Platform

February 3, 2026
in Crypto News
Reading Time: 4 mins read
A A
0
Red Cross Deploys Blockchain-Based Digital Aid Platform
ShareShareShareShareShare

Journalist

Sead Fadilpašić

Journalist

Sead FadilpašićVerified

Part of the Team Since

Jan 2018

About Author

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served…

Share

Last updated: 

February 3, 2026

Red Cross Deploys Blockchain-Based Digital Aid Platform

Creu Roja (Spanish Red Cross) has revealed a novel, privacy-preserving, digital aid platform based on blockchain, with verifiable donor transparency.

According to the press release, Barcelona-based technical infrastructure company BLOOCK collaborated on the platform’s development.

The new product integrates enterprise IT systems with blockchain. Developers utilised Ethereum on the public blockchain side, as well as Solidity smart contracts for ERC-20-based credit issuance.

Among other tech points, they noted Ionic for the mobile wallet, and “role-based access control with digital signatures throughout.”

The announcement claims that the construction “ensures that even if external systems were compromised, the blockchain itself contains no exploitable personal information.”

Moreover, Creu Roja deploys the zero-knowledge technology by the human and AI verification platform Billions Network (formerly Polygon ID). The platform digitises the entire aid lifecycle from donation to disbursement, promising that “no personal data ever touches the public blockchain.”

The goal is to provide donors with complete traceability and financial transparency, while preserving the privacy and dignity of recipients.

Therefore, RedChain’s hybrid trust model enables all aid recipients’ information to be kept entirely off-chain in Creu Roja’s controlled systems. Spending data also stays off-chain, with corresponding on-chain verification hashes. “The complete audit trail can be reconstructed from on-chain proofs without ever exposing personal data,” the developers claim.

Francisco López Romero, CTO at Creu Roja, Catalunya, commented that “people seeking assistance shouldn’t have to choose between getting help and protecting their privacy.” Therefore, the organisation designed this new system “so donors can verify their contributions made a real difference, and beneficiaries can access support without fear of being tracked, profiled, or stigmatised.”

Replacing Manual and Paper-Based Processes

The announcement highlighted that the novel platform simplifies the entire process. It removes the traditional paper-based workflows and prepaid cards. Instead, a digital system “separates what donors need to know from what they don’t.”

Recipients do not need a bank account or credit history, Creu Roja says. They receive digital aid credits in the form of ERC-20 tokens on Ethereum smart contracts. These tokens land directly into personal mobile wallets.

Also, nothing marks these credits as “aid.” Recipients spend them via QR codes at authorised local merchants “in transactions indistinguishable from any normal purchase.”

At the same time, donors and administrators can follow aggregated aid flows in real time. This enables them to see the allocated amount, the spent amount, and where each euro went, the organisation says.

Why Is This Platform Needed?

Creu Roja noted that there is growing scrutiny of international aid delivery. Affected communities can’t receive proper and effective assistance due to a lack of transparency, corruption, and favouritism.

And even though blockchain solutions existed prior to this platform’s implementation, most require recipients to give up their personal data, including biometrics.

What this may lead to, even if unintentionally, is to vulnerable populations being exposed to surveillance, profiling, and discrimination, Creu Roja says.

“The BLOOCK’s approach demonstrates how humanitarian organisations can combine accountability, privacy, and digital efficiency without introducing new risks for the people they serve,” the press release says.

Moreover, per Evin McMullen, CEO and co-founder at Billions Network, Creu Roja built a credential system, not a surveillance one.

“Recipients hold proof of their eligibility in their own wallet. They present it when needed, reveal nothing else, and move on with their lives. That’s how identity should work everywhere and especially in humanitarian and public-interest systems. You own your credentials, you decide what to share, and no one builds a profile on you without your consent,” he writes.

Lluís Llibre, CEO of BLOOCK, added that “blockchain should certify truth, not store content.” This is what the platform’s architecture enables. “Every transaction generates a cryptographic proof that’s permanently anchored and independently verifiable, but the proof contains no personal information.”

Meanwhile, the announcement said that the BLOOCK platform processed more than 952,000 cryptographic transactions and over 257,000 data validations to date.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Disney says parks chief Josh D’Amaro to succeed Bob Iger as CEO

Next Post

Introducing the Agentic Customer Platform

Next Post
Human-Centered Leadership: Transformation Through Creativity and Connection

Human-Centered Leadership: Transformation Through Creativity and Connection

Could Stablecoins Fix U.S Debt? Standard Chartered Sees T in Treasury Demand

Could Stablecoins Fix U.S Debt? Standard Chartered Sees $1T in Treasury Demand

February 23, 2026
Crypto Price Prediction Today 24 February

Crypto Price Prediction Today 24 February

February 24, 2026
When the retail staff can't help you

When the retail staff can't help you

February 20, 2026
Supreme Court torpedoes Donald Trump’s tariff regime in check on executive power

Supreme Court torpedoes Donald Trump’s tariff regime in check on executive power

February 21, 2026
Corporate America demands refunds after Trump’s tariffs struck down

Corporate America demands refunds after Trump’s tariffs struck down

February 20, 2026
Slow quarter for SEC audit clients closes rollercoaster year

Slow quarter for SEC audit clients closes rollercoaster year

February 23, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Sorren acquires Connected Accounting | Accounting Today

Sorren acquires Connected Accounting | Accounting Today

February 25, 2026
Faisal Islam: Is Reeves right in saying we're turning a corner?

Faisal Islam: Is Reeves right in saying we're turning a corner?

February 25, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!