Could cryptocurrencies help with promoting financial inclusion? Dr Garrick Hileman, Research Fellow at the Cambridge Centre for Alternative Finance (CCAF), Cambridge Judge Business School, could play a significant role in developing countries: “The costs of these transactions – which can average as high as 12% in Sub-Saharan Africa – hit the poor the hardest. Technological advances like cryptocurrency and distributed ledgers may offer a solution,” he said.
Read the full article [forbes.com]
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