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The UK's Number 1 Crypto and Blockchain Podcast


Jul 28, 2018

Welcome back Josiah Spackman! - How DigiByte is helping Venezuela using the Blockchain

We welcome back to the show one of our favourite guests Josiah Spackman from The DigiByte Foundation, who gave us an update on the amazing work he and the DigiByte Foundation team have been doing to solve the hyperinflation issues in Venezuela using the Blockchain. Their goal is to focus on sustainable and long-lasting assistance that will support the people and local enterprises of Venezuela in being self-sufficient.

During the episode, we discuss:

  • The status of the Digibyte IOS app
  • The speed of a Digibyte transaction and the technology behind this
  • What are the foundation doing for the people of Venezuela?
  • How are the foundation helping merchant adoption and awareness of cryptocurrency and blockchain?
  • How much has the Digibyte Foundation raised and what are these funds for in Venezuela?
  • How are funds distributed and accounted for?
  • The facts and effects behind the hyperinflation epidemic in Venezuela

DigiByte are still accepting donations here: DCJSNfGsamNYcbZs5HxJPQLpfNtiVAzK1M

Here is some further reading on the project from Josiah himself: https://medium.com/@josiah_digibyte/initial-venezuela-goals-surpassed-heres-why-we-want-to-reach-higher-81517a370336

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