A blockchain trial in Vanuatu. Photo by: Oxfam Australia

CANBERRA — Oxfam Australia has completed testing the use of blockchain technology to transfer money from Australia to Vanuatu, and the use of post-paid cards to spend these funds at select local stores, within two communities.

Funded with a grant from the Australian Department of Foreign Affairs and Trade, the aim was to test a cheaper, faster, and more transparent way for people in the Pacific to send cash transfers — particularly after an emergency event. For Sandra Uwantege Hart, Oxfam’s Pacific cash transfer and livelihoods lead in Vanuatu and the blockchain project manager, the results were exciting and confirmed that blockchain could be used to accelerate the cash transfer process.

Should your team be reading this?
Contact us about a group subscription to Pro.

About the author

  • %25257b6eb61a8f df39 4ae1 bb29 9056d33aa739%25257d

    Lisa Cornish

    Lisa Cornish is a Devex Reporter based in Canberra, where she focuses on the Australian aid community. Lisa formerly worked with News Corp Australia as a data journalist for the national network and was published throughout Australia in major metropolitan and regional newspapers, including the Daily Telegraph in Melbourne, Herald Sun in Melbourne, Courier-Mail in Brisbane, and online through news.com.au. Lisa additionally consults with Australian government providing data analytics, reporting and visualization services. Lisa was awarded the 2014 Journalist of the Year by the New South Wales Institute of Surveyors.