Why DeFi Matters: Making Financial Services More Accessibleby@sherm8n
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Why DeFi Matters: Making Financial Services More Accessible

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In 2017, about 1.7 billion adults remained unbanked, according to the World Bank’s most recent Global Findex data. Financial inclusion is considered by the UN and its member countries to have a direct correlation with poverty reduction. A study by Oxford Economics and Fintech company Juvo found that establishing financial identities for the world's unbanked population would add $250 billion to the Global GDP. A viable solution to the problem of financial exclusion already exists, says Sherman Lee.Blockchain technology provides safety while making or receiving payments.

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@sherm8n

Sherman Lee

Co-founder at Raven Protocol • Investor at Deep Ventures • Author at Forbes • Editor at GoodAudience


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