In episode 137, we’re excited to welcome Timothy Asiiwme, Innovation Project Manager at Mercy Corps Ventures, which invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. We discuss how Web3 solutions can help alleviate poverty and build resilient communities, the role of impact entrepreneurs in addressing important social challenges, some of the incredible Web3 pilots Mercy Corps Ventures has supported, and much more.

--Three Key Takeaways--

• Mercy Corps Ventures is guided by their Resilient Futures Thesis which sees technology as an important force for change in three areas: adaptive agriculture and food systems, inclusive fintech, and climate smart technologies. Many of their pilots have used Web3 and other emerging technologies to bring about positive disruption in these three areas.
• One area that blockchain can really shine, is in reducing settlement times. For example, in one of the pilots supported by Mercy Corps Ventures, that delivers crop insurance to smallholder farmers, they were able to reduce the payout time of insurance claims by 97% by automating the process with smart contracts.
• By lowering transaction costs, reducing settlement times, increasing transparency in financial systems, and increasing access to financial tools, blockchain can unlock opportunities for underserved communities that didn’t exist before, helping to drive financial inclusion and build more resilient communities.

--Full shownotes with links available at--
https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-episode-137-mercy-corps-ventures-empowering-visionary-tech-entrepreneurs-to-deliver-impact-at-scale

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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.

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