Too Long; Didn't Read
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.
Share Your Thoughts