Software

A look at the vital role blockchain is playing in banking the unbanked

2 monthes ago   |   By Tech Radar

Though it may seem like an unlikely figure, around 1.7 billion adults currently live with no access to financial services, known as the ‘unbanked'. Financial inclusion is a topic that's gathered considerable momentum in recent years. So much so, in fact, that 17 of the UN's sustainable development goals mention financial inclusion as an enabler. But could technology play a significant role in bridging the gap between financial services and the unbanked? Here, we take a look at the influence that blockchain could have in finally turning banking into a global entity.
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