PositiveBlockchain & Financial Inclusion

PositiveBlockchain was invited to present selected Use Cases and startups leveraging Blockchain for Financial Inclusion at Frankfurt’s TechQuartier on the 08.08.18. (event details)

Why does it matter?

• 2 Billion unbanked worldwide
• 7,5% tx fees for remittances, up to 14% in sub-Saharian Africa
• 5% of people insured in India
• and so on…

What can blockchain offer?

• leverage the use of cryptocurrencies: faster, cheaper way of moving money
• create payment gateways and mobile wallets for inland/cross-border payments
• incentive certain economic behaviors through tokens
• digitalize assets as collateral and create credit history for financial inclusion
• smart contracts for result-based / impact investing
• removing costy intermediaries
• microcredit, microlending, P2P lending
• micro-insurance, parametric insurance automation for low-income or in disaster recovery

What are the startups / Use cases?

• Check out our slides and 19 use cases: https://goo.gl/ZkQ75Y

Beyond Bitcoin event line-up

Other great speakers and startups of the night:

• Nhan from Vuncoin introducing facts and figures in the unbanked world
• ETHlend: very interesting decentralized P2P lending platform
• The Sun Protocol: decentralized energy and crypto-communities around solar containers in African off-grid villages
• Crypto Development Fund: a development fund project from Frankfurt creating an investment gateway between European investors and African startups

>> Did we miss some interesting cases?

• let us know at hello@positiveblockchain.io
• add your project at http://positiveblockchain.io