The document discusses hyperlocal banking as a means to provide reliable financial services to the unbanked population, particularly highlighting the 73% of Filipinos lacking access to banking. It addresses the challenges of inadequate infrastructure, knowledge, and financial stability while proposing a solution that leverages community trust through technology, such as blockchain. The potential applications of hyperlocal banking include various financial transactions, ultimately aiming to impact 2.5 billion individuals globally.

1. Hyperlocal Banking
Bringing Reliable and Trusted Banking to the Unbanked

2. • Tristan - software developer
from the Philippines and have
worked extensively on
ecommerce platforms
• Kar Fei - coach and strategy
advisor for Social
Entrepreneurship programs
• Khai Yong - entrepreneur and
business developer
• Cynthia - volunteers at Fugee
School for Somali refugees
and Pandawasa Academy for
Afghan, Iranian, and other
refugee kids in Malaysia

3. 73%unbanked or underbanked in the Philippines
100m population, 2014 figures
http://www.philstar.com/cebu-business/2014/05/26/1327424/73-pinoys-are-unbanked

4. 2.5 Billion
unbanked or underbanked
This is a Global issue

5. Impediments
• Lack of access and transportation
• Inadequate network infrastructure
• Deficiency in knowledge and understanding
• Unstable income
• Poor credit history

6. Hyperlocal Banking
• It's not new
• Village banking and
microfinance in Guatemala
• Lacks machine-readable trust
assertions*
*Big thank you to Stephan Wissel for the term

7. Hyperlocal Banking
• Leverages the trust inherent
in the social infrastructure
• Exposes people to the
benefits of banking and
financial systems
• Promotes trust and reliability
by committing transactions
into the blockchain

8. Potential Applications
• Payment plans and
subscriptions
• Loans and mortgage
collateral
• Salary and Payroll
• Cashless payment (currently
implemented)

10. HUB
Tristan Cynthia
sends an sms
asking to pay Cynthia
confirms transaction and
transfers funds
transaction is settled

11. HUB

12. Technology
• Blockstrap API
• Ruby
• HTML5
• Javascript
• Postgres
• SMS
• Currently works with doget for
development efficiency, but can
easily support others
• Android, iOS, Windows native
apps are coming soon

13. bank: What's in it for me?

14. nubank: Intelligence and Analytics

15. Where does it make sense to
establish a presence?

16. Supercharging the economy
Intelligence and Analytics
*Big thank you to Stephan Wissel for the cake idea
It's a Piece of Cake

17. I'd like to ask everyone a
question:

18. What is Banking?

19. It all boils down to trust

20. • You trust your bank to hold and manage your funds
• You trust the money printed by the central bank
• You trust that virtual transactions happen just as if
they happened with a physical exchange of goods

21. Banking is the biggest
trust-based system
the world has ever known

22. Trust. Reliability. Community.
Banking. Blockchains.
These are all words that go together :)
Hyperlocal banking has the potential
to reach 2.5 billion lives