Discover and read the best of Twitter Threads about #Unbanked

Most recents (8)

"Did you know that over 1 billion adults around the world don't have a bank account?
1. That's a staggering number of people who are left out of the traditional financial system, particularly in poorer countries where access to the necessary documents and infrastructure may be limited. #unbanked #financialinclusion
2. Without a bank account, it's much harder for individuals to save money, make payments, or access credit.

This can perpetuate a cycle of poverty and financial exclusion, especially in countries with high levels of income inequality. #poverty #financialexclusion
Read 7 tweets
In June, @WorldBank published their #GlobalFindex Report '21.

The report highlights the need for strong #consumerprotection frameworks to ensure equitable access to #DigitalFinance.

🧵Our key takeaways:
Digital banking is on the rise globally.

▶️76% have an account with a bank or mobile money provider, up from 51% a decade ago

▶️In developing countries, this % rose from 42% to 71%

▶️ For the 1st time the gender gap between women and men who hold accounts has narrowed to 4%.
#InclusiveFinance is critical to meeting the SDGs.

▶️ Digitalisation increases transparency & reduces corruption

▶️ It increases women's financial independence and empowerment

▶️Households are better able to withstand financial shocks and prepare for emergencies.
Read 7 tweets
The Gates Foundation New Partnership with EU European Investment Bank

What kind of relationship does the gates foundation have with blockchain technology?

Share your research in the comments!👇
sciencebusiness.net/climate-news/n…
Some partnerships I have seen over the years

Bill & Melinda Gates Foundation Creates Mojaloop foundation and partner with

#Ripple #Interledger #ILP $XRP ImageImage
Details of the Ripple & Mojaloop Partnership and how it's changing the world of payments in developing countries.

One day this could include a new 1.6 billion people of the unbanked to participate in global trade.
#unbanked #fintech #financialinclusion #XRP #ILP ImageImage
Read 12 tweets
Why is blockchain one of the fastest innovative technologies and what benefits does it provide?🤔👇

#blockchain #DLT #fintech #innovation #financial #cryptocurrency #utilitytokens #education ImageImage
Industries Blockchain can & will innovate!
Healthcare and medical records
Decentralized voting
Cross border remittances
Digitalized securities and derivatives (no fee swaps)
Supply Chain shipping and tracking
Digital identities
Real estate and land titles

#blockchain #DLT #IoV ImageImageImage
Did you know Blockchain & DLT is listed in the World Economic Forums Sustainable Development Goals?

Under Industry Innovation & Infrastructure!

In my network, I like to talk about Utility Tokens doing something for this world!

#regulatedcompanies #makingadifference #SDGs ImageImage
Read 8 tweets
Thread 1/12
Why I am an early $WMT investor.
@WorldMobileTeam Are creating a world where everyone, everywhere is connected.

Half the world is #offline No #internet means they cannot use #Bitcoin If you want to bank the #unbanked First you need to connect the #unconnected Image
2/12
$WMT are the first mobile network built on #blockchain and the sharing economy.

Why is half of the world still offline? Simple. Traditional mobile networks won't invest in remote places because it’s too expensive and hard to maintain.
3/12
Building World Mobile Smart Villages.

See how connecting a remote village in #Africa
transformed the way they work and live.

Read 12 tweets
-- #Crypto 101 - Beginners guide (Part 1) /1 --

Content in Part 1:
🔹What is a #Cryptocurrency?
🔹How many Cryptocurrencies are there?
🔹Types of Cryptocurrency
🔹What are real world applications of Crypto?
🔹Pros and Cons of Crypto?
🔹Crypto, the future of Finance?
-- What is a #Cryptocurrency? /3 --

🔹A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers
🔹Decentralization allows them to exist outside the control of governments and central authorities

cont...
-- What is a #Cryptocurrency? Cont'd /4 --

🔹Cryptocurrencies have many real word applications, i.e. secure payments online
🔹"Crypto" refers to the various encryption algorithms and cryptographic techniques that safeguard the entries
🔹The most widely known Crypto is #Bitcoin
Read 16 tweets
West banks on the Global South for #debt bondage/slavery capture. #IMF

"The financial industry is undergoing rapid technological change... The increase in demand for digital services triggered by #COVID19 is turbo-charging this transformation."

blogs.imf.org/2020/12/17/wha…
"Fintech's potential to reach out to over a billion #unbanked #people around the world, and the changes in the financial system structure that this can induce, can be revolutionary."

#GreatReset

h/t @VanessaBeeley
"Platforms like #Amazon, #Facebook or #Alibaba incorporate more and more financial services into their 'ecosystems', enabling the rise of new specialized providers..."

"The effects of digital transformation are powerful for the financial sector,..." #Facebook #Diem
Read 5 tweets
#Electroneum is #mobile #money #service with #KYC and even #Airdrop of #crypto! 🚀💯
It has 2.8 mil #community most of them #unbanked! 🏦
We have #sellers (vendors) #WorldWide 🌎
Offering great #API for #instantpayments - receiver gets notified instantly about incoming payment!
#ETN - @electroneun can be integrated anywhere, just #joinus, get account and then #generate payment with payment ID and show it on any screen! #customers will just #ScanPayGo! You get #instantpayments - notification in couple of minutes.

#hospital #gas #electrocity #Internet
#ETN has over 100k #users in #China #India & #USA!

30k-100k in #Russia #Nigeria #Britain #brazil #Turkey & #Germany!

10k-30k in #Australia #Austria #France #Spain #Poland

We are #growing #everyday!

Why would you not open to new customers?
Read 6 tweets

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