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Episode 30 - How DeFi can help the 2 billion people who are unbanked around the world
In this episode, we discuss a term that gets used a lot in the web3 space, and that of course is DeFi, or Decentralized Finance. Specifically, we explore, if, indeed, DeFi can be a solution to the crisis of the unbanked, and bring greater financial inclusion to everyone.
According to the latest report from the World Bank, there are nearly 1.7 billion people around the world that are unbanked. Being unbanked, in essence, means that one does not have access to or use banks or traditional financial services. Individuals who are unbanked typically live in extremely poor and rural regions, lack…
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