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Karam Alhamad, a student of Yale Jackson School of Global Affairs, discovered the power of crypto and blockchain technology only after a year-long imprisonment in Syria, his home soil. After the uprising broke out in 2011, Mr. Alhamad was apprehended by Syrian authorities 4 times.
Karam Alhamad '23 M.P.P., a Syrian democracy activist now at @JacksonYale, faced unexpected hurdles getting to @Yale. He wants to make the way easier for the next generation.https://t.co/aJDRFehzDd
ā Yale University (@Yale) July 10, 2022
The underground dungeon where he was detained for over a year didnāt break Karam Alhamad. In contrast, Alhamad said the uprising brought āa new purposeā to his life. After he got out of prison, Karam Alhamad started learning about blockchain technology. It was as relevant as can be in his situation, as the war-torn country had massive infrastructure problems and it was simply āhard to send moneyā anywhere.
āBack then we were trying to find other ways that we can receive money from donors,ā adds Mr. Alhamad. A year later, he and his brother had to flee to Turkey and even opened a website about the journey, touching a lot of peopleās hearts, but most importantly, granting young Syrians a chance at free education through the Zendetta Grant.
Itās easy to picture why a young Syrian wouldnāt trust the government. Persecuted by his own, later Alhamad was refused by the United States. At that time, the powerful country was led by Donald Trump, who imposed a so-called āMuslim Ban,ā taking away opportunities from young people trying to build their life in the US.
ZeFi Foundation is a non-governmental organization founded in 2020. However, it was fully operating from early 2022. ZeFi has already launched a variety of products, including a crypto savings account, a learning hub, a freelance work platform called ZeTalent, and more. āWe mint minds,ā reads the hubās homepage.
Despite having a trading and lending platform, founder and CEO Karam Alhamad does not emphasize it much, as the crypto trading laws are still very vague. Instead, the founder says, ZeFi foundation is focused on blockchain adoption in social areas.
For instance, the prolonged civil war in Syria made the young man think of ways to record proof of cruelties that the corrupted government puts the countryās people through every single day: āIf youāre recording human rights atrocities of the regime, or even in opposition areas, you donāt want to use Google docs and suddenly have everything lost.ā
It's official
ā ZeFi - Ų²ŁŁŲ§Ł (@ZeFiHub) March 25, 2022Today marks the launching of ZeFi Foundation, a platform for education and media in the #blockchain space! Daily news, articles & courses in both Arabic & English are now available on our website. Something awesome is coming your way on https://t.co/CGLmjZ5DI8
ZeFi Foundation takes care of food distribution in problematic areas in Syria. Furthermore, ZeFi plans to use NFTs to keep track of refugee qualifications when theyāre looking for a job. As blockchain technology cannot be erased, ZeFi is utilizing it as a ātrust machine,ā similarly to what Sango Foundation is attempting to do in the Central African Republic.
After all, blockchain technology might not be favored by all of the worldās leaders, but the aid that it can provide is undeniable. For instance, El Salvador has become the first country in the world to adopt Bitcoin (BTC) as legal tender. Even though the country is still impoverished, Nayib Bukele managed to lower the violent crime rate so drastically that El Salvador is not even in the top 10 by murder rate, partly because of the different approach to information that blockchain tech brings.
Storing information in a way that cannot be erased might be beneficial for pharmacy, food information, crime records, and so on. Central African Republic is betting big on Bitcoin to digitize and tokenize all of CARās assets, making the country as inviting as possible for investors and crypto enthusiasts. Bold move or not, President Faustin Archange-Touadera is looking to bring his civil war-torn country to the forefront of innovation.
Furthermore, Russiaās invasion of Ukraine initiated a couple of major blockchain-based donation events. For example, Zelenskyās words materialized into over $2.2 million of help for the troubled country, as all of Ukraineās squares were turned into NFTs and sold out, the profits donated to provide relief for the European country thatās still trying to show the door to an extremely violent neighbor.
āBringing you only the good side of Crypto,ā the ZeFi homepage reads. Indeed, disruptive inventions like blockchain donāt come without risk, but many are willing to take it in hopes of a brighter future with less corruption and more equality and freedom for all to be what they want to be.
Some great news in the face of all the despair and sorrow.
ā Karam.x (@0xZendetta) April 30, 2022
My story website wins the #SOTD and #DEVAWARD from the Awwwards association. The awards for design, creativity, and innovation on the internet. #justiceforSyria #freedetainees #downwithassad https://t.co/7x8DWfNqLD
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