Individuals who lack access to the traditional banking system and modern financial services are referred to as “unbanked.” Most ‘unbanked’ people do not have a stable internet connection and/or live in an underserved community or developing country. As a result, these individuals are effectively shut out of the global economy. FinTech, decentralized finance (DeFi), and blockchain are all working to help the unbanked achieve equitable financial inclusion globally.
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