Article: ID, The Unlikely Key to Economic Growth in The Developing World

Academia, Blockchain, Decentralized Internet, Human-Centric

ID, The Unlikely Key to Economic Growth in The Developing World

In fact, much of the structural and institutionalized inequality in the developing world can be linked to a lack of verifiable identity. With blockchain, this no longer needs to be the case. By enabling someone to prove who they are, blockchain technology can provide the gateway to equality, and the key to unlocking economic growth and levelling up opportunity.

Effectively, a decentralized identity built on the blockchain to common and agreed standards acts like an identity passport, opening up access to a host of services never available to an individual before. Blockchain pushes power to the edges, empowering thousands and potentially millions on equal identity terms, providing access to education, work, proof of ownership credit, and much more. Blockchain connects, but also liberates. It connects people with each other, and with opportunities to grow and develop as individuals. And this technology liberates the individuals from the constraints imposed by lack of identity, opening up a range of possibilities that had hitherto remained just beyond their reach.

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Article: How open DeFi markets in Southeast Asia can drive financial inclusion

Blockchain, Decentralized Internet, Innovation, Money

How open DeFi markets in Southeast Asia can drive financial inclusion

Increasingly, with greater focus on the development and nurturing of the right skills and through enhanced exposure to technical mentorship, these same people are building the very frameworks necessary to create solutions and products for the population that are underserved and overlooked by legacy finance.

DeFi’s model of peer-to-peer engagement and inventiveness, has created a significant opportunity for the making of real-world solutions to the challenges that exist of giving people a proverbial “seat at the table.”

The possibilities for financial inclusion alongside the accretive upside that these types of businesses generate mean that throughout the ASEAN and Indian region entrepreneurs, technologists, investors and innovators are working side-by-side to create open markets that can truly help everybody.

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Article: This Network Bids on Blockchain Technology To Bank the Unbanked

Blockchain, Innovation, Money

This Network Bids on Blockchain Technology To Bank the Unbanked

The bane of the problem, in many ways, seems to point to oligarchical financial systems that have restricted some and placed high entry barriers and institutionalized greater control over people and their money. DeFI, financial applications that run on blockchain networks, aims to remove this high-ended gatekeeping and open up the financial sector not only to those who are currently unbanked, but also to those who are currently tied to the custodial and centralized financial systems.

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Article: Jason Simon provides the necessary knowledge to understand why blockchain is important for financial inclusion

Blockchain, Innovation, Knowledge

Jason Simon provides the necessary knowledge to understand why blockchain is important for financial inclusion

When thinking about blockchain technology, many people often tend to think only of cryptocurrencies, tokens, and crowdfunding through digital assets. However, these are just expressions of technology with the potential to transform multiple industries and organizations. Like the internet, blockchain technology has the ability to transform the lives of billions of people around the world by generating social impact. In this context, many companies around the world, from different sectors such as healthcare, education, supply chain management, insurance, finance, and donations, to name a few, are exploring blockchain technology.

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