2 min video examining how Blockchain technology may be able to finally include the 1.7 billion people who are currently unbankedIn a recent statement, the CEO of Mastercard claimed that Bitcoin is unable to help those financially excluded\/unbanked, but Central Bank Digital Currencies (CBDC) potentially could. However, it is arguable as to whether Banga simply trying to advertise for Mastercard since he also stated: \u201cToday, we\u2019re one of the largest patent holders in the space of central bank digital currencies.\u201d In addition to this, the World Bank has estimated there are 1.7 billion people globally unbanked i.e., they do not have access to formal financial service \u2014 effectively barring them from managing their finances. In theory, provided you have access to the web, it is possible not to have reliance on traditional banks but use digital currencies and\/or cryptos instead to make payments.Unbanked population by region (%)Source: Findex database, WorldbankFurthermore, a report from Deloitte has listed a selection of reasons (according to Findex and the World Bank) as to why citizens in certain countries do not have a bank account:\u00b7 geographic access to financial institutions is limited\u00b7 insufficient funds to operate a bank account\u00b7 financial services are too expensive, relative to people\u2019s income\u00b7 lack of necessary personal documentation (ID, passport etc) to open a bank account\u00b7 family member already has a bank account\u00b7 religious reasons\u00b7 lack of trust towards financial institutionsAnother report, commissioned by Amazon, found that \u201cDigital payments will be a core foundation for extending basic financial inclusion. More than 90% of respondents consider that innovations in digital payments processes were among the most significant areas in which fintech was improving financial inclusion objectives within their own jurisdiction.\u201d One of the key challenges is provision of assistance to SMEs, which are often unable to obtain credit since they are\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Vid\u00e9o de 2 min examinant comment la technologie Blockchain pourrait enfin inclure les 1,7 milliard de personnes actuellement non bancaris\u00e9es Dans un r\u00e9cent communiqu\u00e9, le PDG [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/2991"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=2991"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/2991\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=2991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=2991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=2991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}