Microsoft Explores Blockchain Tech’s Use for Social Good

The ways in which blockchain technology can be used to support social good were discussed at an event hosted by Microsoft’s Civic Innovation team in New York last night.

Taking place at the LMHQ venue in Lower Manhattan, the event was kicked off by John Paul Farmer, director of technology and civic innovation at Microsoft.

Farmer, who previously served as the senior advisor for innovation in the White House Office of Science and Technology Policy, explained the purpose of the session was to explore the kind of impact blockchain technology can have when used in new and creative ways.

He added:

“Our team is in New York, we’ve been here about a year now. We’re here to work on the really hard problems – social problems – and to figure out what role technology can play in trying to address them.”

Farmer, who also previously played professional baseball in the Los Angeles Dodgers and Atlanta Braves minor leagues, went on to state digital currencies have the potential to solve many problems both within and beyond the financial sector.

Identifying use cases

Speakers at the event included Brian Forde, director of the Digital Currency Initiative at MIT Media Lab and Chelsea Barabas, senior advisor for social impact at

Read more ... source: CoinDesk