Blockchain ID system to tackle poverty issues

In Buenos Aires 16.2 percent of the population lives below the poverty line. Tech company NEC, the NGO Bitcoin Argentina and IDB Lab (the Innovation Laboratory of the Inter-American Development Bank Group) will develop a blockchain identity system to make financial services and other services easily and cheaply accessible to the poorest citizens of the Argentinian capital. People who live below the poverty line have a major problem of accessing services and gaining information. This is called the poverty penalty, an unfair advantage to which blockchain technology can provide a solution. <a href="https://nederob.medium.com/blockchain-id-system-to-tackle-poverty-issues-b8a2c9db2204">Read More</a>