Crypto: The Revolution Driving Financial Inclusion in Developing Countries

Back when digitized banking services like debit cards, online banking, and check imaging were transforming the financial landscape, few could have predicted the next wave of innovation. I certainly didn’t foresee it during my decade spent advising executives at major global banks on the implementation of these revolutionary technologies.

Over the last ten years, the emergence and digitization of new currencies, which are not government-owned but instead created by individuals, have taken root in the global market. This trend began with Bitcoin and has since exploded into a vast ecosystem of thousands of alternative digital currencies, collectively valued at approximately $285 billion, each with its unique value proposition and applications.