Immigration - displaced individuals with blockchain identity wallets will be able to quickly prove their identity & credentials & accelerate the immigration process. Saving 85k refugees per year $550 in background check costs ~$46.8M Discussed at ID2020 & the UNHCR.
Blockchain Identity combined with Taxes can accelerate/eliminate tax season and streamline tax processes. Saving Americans $44.3B in annual filing costs. 🧵/2
Blockchain Identity & Voting — expands voter access to any citizen around the world with their mobile. Cuts kgCO2 emissions from 12.9M/election to 5,300. It also reduces election costs from $14.4B to ~$200M.
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Blockchain Identity + #Medicare eliminates the $68B of Medicare fraud & streamlines benefits to receivers of payments. Eliminating bureaucracy and operating costs in the system. 🧵/4
Blockchain Identity + Patient Healthcare records gives complete privacy & control over healthcare information to patients. Toppling a $72B industry written into law by congress. Saving patients downstream healthcare costs. #PII#PHI🧵/5
Blockchain Identity + Medical & Dental Insurance cards will streamline verification of coverage and streamline insurance payments. Reducing payment time from 121 days to instantaneous #insurance claim approval. (Analysis of cost savings in billions still being researched.) 🧵/6
Blockchain Identity + Veterans Affairs allows #Veterans to receive their benefits in a timely manner & eliminates the $200B in wasted spending & fraud that the sector experiences yearly. 🧵/7
Blockchain Identity + Social Security Administration streamlines SSA benefits to receivers of the service and reduces operating costs of the SSA. 🧵/8
The west is experiencing a #watercrisis, & it’s inflamed by lack of cross state collaboration. People claim that a regular database can serve the same function as a blockchain database. If that’s the case, why haven’t the states had a centralized database created & set up yet?🧵
We had thousands of people point & laugh at the suggested use of blockchain without actually understanding the major breakdowns in the water management across the western half of the United States.
That having a method to analyze water usage in real time across state lines seems too simple a fix to a major problem. As it stands today there is no easy way for real time water data to be communicated across state lines & current database tech lacks the security.
Why do I donate time & money to political candidates? Because I want voters to know about them & win. Donations from candidates go directly to marketing. That’s billboards, TV ads, newspaper ads, booths at events, getting a team to knock doors, & market to 850k-40M people. 🧵
Political contributions are an important fact of life in democracy. Contributing to candidates, campaigns, and organizations that you support is the only way to give them the resources to win, and to effectively advocate for the issues that you care about.