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Millions of families are unbanked in the Philippines, but a new blockchain-based platform is planning to give them access to financial services, including cashless payments and lending #SPONSORED
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When we think about Africa, our minds often flood with images of hunger, hardship, disease, natural disasters, and maybe even civil war. We don’t often consider the strength of its people or their ability to lift themselves out of poverty. So while it may not seem like the most natural place to lead the world into the fourth industrial revolution, Africa could actually see the fastest overall rate of blockchain growth. Arikana Chihombori-Quao is a doctor who was appointed to lead the continent’s diplomatic relations with the U.S. in 2016. In an interview with Al Jazeera last year, she said, “WhatPowered by WPeMatico
We’ve heard a lot about how blockchain technology can help serve the unbanked and the underbanked by making microtransactions possible. But in the Western world, that often refers to a small minority. Yet according to global economist and Babson College Professor of Finance Dr. John Edmunds, in many parts of the world, we’re talking about the sweeping majority. As a leading world economist, Edmunds has made a career out of studying and traveling to developing countries across continents. He says, “In some countries, only the top five percent of the income distribution, or even less, can really gain access to financialPowered by WPeMatico
Over two billion people in the world still do not have a bank account. How could Blockchain integrate unbanked people into the global economy? #BLOCKCHAIN
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