Recently, Facebook released their specification for the Libra project, a global currency to connect the world and empower millions of people who might suffer from financial exclusion (the unbanked) or high fees within the financial system (e.g. remittance). This ideas are often expressed within the Crypto community where Blockchain technology can be a major game changer. In this piece we take a closer look at the unbanked and underbanked and the role Blockchain technology could play to accelerate progress towards resolution.
We Are a Research-Driven VC Focusing on Early-Stage Blockchain Startups
We believe Blockchain marks the next step in the evolution of digital transformation by shifting the paradigm from centralized data silos to decentralized, open data flows with the user at the heart of it.