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How the “Unbanked” Can Get a Financial Start through Blockchain Tech

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How the “Unbanked” Can Get a Financial Start through Blockchain Tech

Post by Vladdirescu on Fri Oct 13, 2017 1:33 am

Interview with Anton Dzyatkovsky, co-founder of MicroMoney on how the “unbanked” worldwide can finally get a financial start through blockchain technology.

- Anton, your company, MicroMoney, is promising loans for people who have no bank accounts or credit history. What is it about?

- When two years ago I learned that 2 billion people in the world have no access to banking or basic financial services, I was shocked. They are not included into the global economy; they are deprived of some basic human right. Moreover, this system exists throughout the world and it is very difficult to change anything. It is a catch-22 situation – when a person needs to have a bank account in order to obtain a loan but financial institutions refuse to deal with unbanked people because they consider them too risky. Most unbanked people do not have credit histories and this is the main problem for them to become bank customers. Therefore, my company is here to change that. We provide an alternative solution for people to start building their credit and get loans, based on new technologies.

Read the full interview here: https://coinidol.com/how-unbanked-can-get-financial-start-through-blockchain/


Vladdirescu

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