2022-7-1 15:12 |
It’s a new, borderless world, and DAOs hold the key to economic opportunity for billions of people, including the world’s 1.7 billion unbanked adults.
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Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament.
2021-4-14 21:15 | |
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Retail and wholesale stablecoins With the introduction of Libra, now Diem, there was the promise of a crypto asset that would empower the unbanked, allowing them to participate in the financial world and make low cost international payments.
2020-12-18 16:47 | |
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Decentralized Finance (DeFi) has become the latest buzzword in the cryptocurrency space. 2020 has seen this rather nascent niche take its root as a major force in the crypto world. In many ways, DeFi appears to have given new life to the cryptocurrency space as it aims to bring banking to the unbanked.
2020-12-1 10:52 | |
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Bitcoin is not a useful instrument of financial inclusion to the world’s unbanked populations because its volatility scares them away. This is the opinion of Mastercard CEO Ajay Banga, which he delivered while speaking at the Fortune Global Conference 2020 on Oct 27.
2020-10-29 10:41 | |
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Coinspeaker The Digital Solution for Africa’s Payment System IssuesCreate wealth opportunity on a long-term goal, to cater to the underserved and unbanked communities, using blockchain technology as a service to the world.
2020-7-15 18:56 | |
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Digital payments processor Checkout.com has become the latest high-profile company to join the Libra Association. Announced on Tuesday, the London-headquartered firm is now part of the digital currency project as it believes Libra is capable of bringing financial inclusion to the billions of unbanked people all over the world. The Libra Association Onboards A New […]
2020-4-29 21:16 | |
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Over the years, while cryptocurrencies, namely Bitcoin has explored different use cases, one of the strongest narratives Bitcoin has been part of involves providing a financial avenue for the world's The post Why Bitcoin's impact on Latin America's unbanked remains 'fairly limited'? appeared first on AMBCrypto.
2020-4-19 15:00 | |
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Worldwide, 42% of women are unbanked—excluding them from access to modern financial services. Blockchain technology provides a secure and inexpensive way to complete financial transactions including global payments, presenting a unique opportunity to empower women and the underbanked around the world.
2020-3-13 20:09 | |
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Digital currencies are lauded for being able to draw in the world’s unbanked — which can greatly increase financial inclusivity and bolster the global economy. A sudden oil price war and the coronavirus pandemic have battered both the markets and public confidence in the Middle East.
2020-3-10 10:14 | |
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Financial inclusion has always been one of the benefits of cryptocurrencies, promising to serve the unbanked and underbanked, those ignored by legacy institutions in both the west and in the developing world.
2019-10-9 18:59 | |
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Did PayPal hear the Chinese Whisper, and go amiss? Libra was a unique sell. Primed as a “digital currency,” backed by a slew of government assets, operated on its own network, held on its own wallet, backed by companies that impact the world on a daily basis, with the ribbon of “banking the unbanked,” right […] The post Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold? appeared first on AMBCrypto.
2019-10-8 16:30 | |
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Facebook cannot seem to catch a break at the moment. The Menlo Park giant, since unveiling Libra, has been in the eye of the storm. Hailed as the medium to ‘bank the unbanked,’ Libra, in its brief existence, has only managed to enrage the already enraged.
2019-9-17 17:30 | |
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The world is becoming more centered around financial technologies. And yet, there are millions of people who remain branded by the term “unbanked”. The World Bank Findex states that around 1. 7 billion adult people remain unbanked, meaning with no access to financial services.
2019-8-21 01:19 | |
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One of the biggest goals for cryptocurrency is to bank the unbanked. By some estimates, one-third of the world’s population has no access to the financial system. For them, legacy banking has been an abject failure.
2019-6-12 23:06 | |
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As the world closely keeps up with ongoing developments in crypto, thought leaders in the space are doing their best to promote it and its underlying technology. Recently, Justin Sun made headlines after managing to bag a $4.
2019-6-4 11:00 | |
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against BitcoinBitcoin’s core value proposition is that it is an uncontrolled, apolitical money.
2019-4-30 20:16 | |
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The introduction of digital currencies such as Bitcoin created a rush of people to proclaim that a revolution was in the offing. That we, the people, would be set free from the shackles of central bankers and retail banks, and be in complete control of our money.
2019-4-29 23:32 | |
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Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments.
2019-4-24 01:08 | |
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Bitcoin (BTC) is the most popular digital currency and it has reached a large part of the population. However, XRP is the third largest digital asset and it has a lot to offer to those unbanked around the world.
2019-4-21 01:58 | |
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Ripple (XRP) is the perfect cryptocurrency for the unbanked areas of the world due to its role in the adoption and the speed, and low-cost transaction on the network. Ripple and some XRP payment platforms have solutions that are helping the areas that lack access to bank services.
2019-4-20 12:15 | |
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Malta is one of the world's most crypto-friendly jurisdictions, but banks are largely unwilling to do business with the blockchain industry. The post On Blockchain Island, Crypto Companies Are Still Unbanked appeared first on Crypto Briefing.
2019-3-23 20:14 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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For many of the unconverted in the so-called developed world, Bitcoin is seen as something for speculators at best and criminals at worst. However, as the highly respected Bitcoin evangelist Andreas Antonopoulos argues, one of the most revolutionary adoption cases for Bitcoin won’t be in the United States, UK, or Australia.
2019-3-7 02:00 | |
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Paxful CEO Ray Youssef plans on building 100 schools in Africa. Two schools have already been built in Rwanda, while a third is currently in development. Paxful is a peer-to-peer Bitcoin marketplace that directly connects those looking to buy with those looking to sell, with a special focus on the unbanked and underserved world.
2019-2-18 03:00 | |
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It’s a common narrative that cryptocurrencies will provide a platform for the millions of unbanked individuals in the world to obtain financial freedom. In the developing world, around 50 percent of people over the age of 25 have a bank account.
2019-2-12 19:20 | |
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This is the second instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him on Day 1 here. I woke up on Christian’s couch stiff-necked and cotton-mouthed.
2019-1-16 22:54 | |
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As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.
2018-11-7 19:56 | |
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Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.
2018-10-26 21:07 | |
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Bill & Melinda Gates Foundation’s efforts to extend financial services to billions of unbanked and underprivileged people around the world gained new momentum after it struck a deal with San Francisco based blockchain firm Coil.
2018-10-22 15:44 | |
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Humaniq is a blockchain-based project aimed at giving the 1 billion unbanked people around the world access to banking. Joke
2018-10-16 02:33 | |
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The Ripple company has gone beyond technology to launch Ripple for Good which is a corporate social impact program that will support mission driven organizations that are focused on education and increasing global financial inclusion primarily to the unbanked.
2018-9-27 21:58 | |
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London-based ONEm Communications has announced the launch of its mCoin program across Africa. Designed to be a hybrid currency, mCoin is a digital currency that can be transferred over text or through the smartphone app.
2018-9-25 21:26 | |
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Unrestricted access to financial services is one of the main preconditions for achieving economic freedom. However, large portions of the planet’s population, especially in the developing world, remain excluded from the traditional banking system.
2018-9-19 20:55 | |
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Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances.
2018-9-15 21:50 | |
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The promise of Capverto is to utilize the potential and power of cryptocurrencies to support the unbanked population of the world.
2018-8-30 15:52 | |
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London, August 9, 2018 – Humaniq, the London-based Fintech firm that provides next-generation financial services for the unbanked, today launches a pilot project Humaniq Farm for users in the agricultural business, in order to empower them to advance as entrepreneurs.
2018-8-9 18:36 | |
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It seems there is a new word floating around in the crypto community – “unbanked” and it is being used to describe those who do not have an account with a financial institution or mobile money provider.
2018-7-26 09:41 | |
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Have you heard of the unbanked? According to The World Bank, “Globally, about 1. 7 billion adults remain unbanked—without an account at a financial institution or through a mobile money provider.
2018-7-25 19:00 | |
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Points (PTS), a blockchain data collaboration protocol for better credit scoring and inclusive finance, has announced $ 8 million in funding from traditional and blockchain venture capital including DHVC, Cherubic Ventures, Ce Yuan, Ontology Foundation, Nest.
2018-7-21 13:16 | |
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There are over 600 million Africans living without electricity despite an abundance of sunshine and hundreds of thousands of solar projects on the drawing board.
2018-7-17 17:41 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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One of the main ways of reducing poverty is through financial inclusion. As of last year, an estimated 1. 7 billion adults around the world still remain unbanked. This means that they have no access to a savings account, credit, or any type of financial services.
2018-7-8 00:00 | |
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Bitcoin layer-2 solutions are rising in 2024, including state channels, sidechains, and rollups, as Bitcoin's market dominance grows. The post Bitcoin layer-2 landscape “set to boom” as BTC keeps outperforming: Bybit appeared first on Crypto Briefing.
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
Sasha Mitchell is Head of Operations at BeL2. Imagine if Bitcoin could talk to other blockchains, make deals, execute contracts, and expand its influence without ever compromising its integrity. That's BeL2, the Bitcoin Elastos Layer 2 Protocol.
The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.
CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules.
Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”
In case you missed it, Bitcoin Season 2 released part of its Spring/Summer collection last week.