Blockchain for OFWs: Beyond the Hype to Real Solutions for Remittances, Identity, and Contract Protection
While blockchain technology has been oversold as a solution for everything from world hunger to hair loss, its core capabilities—creating tamper-proof records, enabling peer-to-peer transfers, and establishing trust without intermediaries—address specific pain points that cost OFWs billions annually. Filipino workers sent home $36.14 billion in remittances in 2023, losing approximately $2.5 billion to transfer fees









