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How blockchain is banking the unbanked | The Great Disruption Ep. 07

Most banks offer short-term loans for emergency situations. But what about the 1.7 billion adults around the world with no access to banking services?

Can blockchain offer an alternative solution? Find out in this Forkast video explainer. 

What you’ll learn:

  • How lack of banking infrastructure affects underdeveloped regions.
  • How blockchain can democratize access to banking services and improve financial inclusion.
  • How decentralized finance (DeFi) can bank the unbanked without expensive physical infrastructure.
  • How DeFi services are openly available for anyone without the entry barriers of the banking system.