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With over 2 billion unbanked people around the world,
opportunities for Financial Inclusion are tremendous.
Some of the most pressing issues involved in offering
access to the unbanked are solvable with blockchain,
including lowering transaction settlement time and
costs, removing formal infrastructure requirements,
and providing digital identity and property rights.
With 25 initiatives identified in our study, Financial
Inclusion is one of the most mature applications of
44% of Financial
Inclusion initiatives are
on track to reach more
than 1 million people
each before 2020.
For almost half of these
projects, reaching more
people is a primary
benefit of using blockchain.
These initiatives
comprise more
program-stage projects
than any other sector.
More than half of the
for-profit Financial
Inclusion projects are
reaching more than
1,000 people.

Published in: Business