Universal Basic Income (UBI) is gaining momentum as a tool to reduce poverty and provide financial stability, especially in underserved communities. It's also being explored as a response to the disruptions AI may bring to the labor market. Blockchain and crypto rails offer new ways to make UBI more scalable, transparent, and accessible than ever before.
Crypto reduces reliance on banks or remittance services, cutting costs and speeding up delivery, especially across borders or in regions with limited financial infrastructure.
Smart contracts can release payments on a regular schedule, removing delays and red tape, so people get what they’re promised, when they’re promised it.
Stablecoins pegged to major currencies can help preserve the real value of UBI in places with unstable or hyperinflated local currencies.
Blockchain transactions are publicly verifiable and tamper-proof, making it easier to track funds, prevent fraud, and build trust without exposing personal data.
Crypto enables local communities to launch and manage their own UBI programs tailored to local needs and funded through donations, yields, or protocol rewards.
Universal, or Unconditional, Basic Income is a recurring payment for everyone, no strings attached. It’s meant to provide a financial baseline, enabling people to cover essentials such as food, housing, or healthcare. Unlike traditional aid, UBI doesn’t require proof of need. It can be rolled out nationally or tested through local pilots run by communities, NGOs, or governments.
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