The role of digital currencies in disaster relief efforts.
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
The role of digital currencies in disaster relief efforts.
Digital currencies, particularly cryptocurrencies such as Bitcoin, have the potential to play a significant role in disaster relief efforts. This is because they offer several advantages over traditional financial systems that can help in relief efforts in the following ways:
Speed and Efficiency: Digital currencies can be transferred instantly and without the need for intermediaries, reducing the time it takes to get funds to those in need. This is particularly important in disaster relief where every second counts and people need help as soon as possible.
Lack of Physical Infrastructure: In many disaster-hit areas, traditional financial systems may be damaged or unavailable, making it difficult to access funds. Digital currencies do not require physical infrastructure, meaning that funds can still be sent even in areas where banks or ATMs are not accessible.
Decentralization: Cryptocurrencies are decentralized, meaning that they are not controlled by any single entity. This makes them resistant to censorship and less vulnerable to theft or fraud. In disaster relief efforts, this means that funds can be sent directly to those in need without the risk of theft or mismanagement by intermediaries.
Accessibility: Digital currencies can be accessed via a smartphone or other internet-connected device, making them accessible to a large portion of the population even in remote areas. This is particularly important in disaster relief efforts where people may have been displaced from their homes and may not have access to traditional financial services.
Transparency: Cryptocurrencies operate on a public ledger, meaning that all transactions can be publicly viewed. This helps to increase transparency and accountability in disaster relief efforts, making it easier to track the distribution of funds and ensure that they are reaching those in need.
Despite these advantages, there are also challenges associated with using digital currencies in disaster relief efforts. For example:
Lack of Awareness: Many people are not familiar with digital currencies and may not know how to use them. This can make it difficult to get funds to those in need, particularly in areas where internet access is limited.
Volatility: Cryptocurrencies can be volatile, meaning that their value can fluctuate rapidly. This can make it difficult to predict the value of funds sent in a disaster relief effort, making it difficult to budget for and plan for these efforts.
Regulation: Digital currencies are not yet widely regulated, and different countries have different rules and regulations surrounding their use. This can make it difficult for organizations to use them for disaster relief efforts, particularly in countries where their use is restricted.
Despite these challenges, the potential benefits of digital currencies in disaster relief efforts make them worth exploring as a means of improving the speed and efficiency of relief efforts. To maximize their impact, it will be important to educate people about digital currencies, work to increase their stability, and advocate for their wider adoption and regulation.
In conclusion, digital currencies offer a unique set of advantages over traditional financial systems that can make them a valuable tool in disaster relief efforts. While there are challenges associated with their use, the potential benefits make it worth exploring as a means of improving the speed and efficiency of relief efforts. With increased education, stability, and regulation, digital currencies have the potential to play a significant role in improving disaster relief efforts in the future.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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