Blockchain Will Make Financial Services More Available, Secure, And Fair

One of the hallmarks of 2020 is that global economies are seeing lots of instability, and this is true at every level of society. For individuals, there may be more options available, but this hasn’t necessarily translated into more people being able to access banking services. In some regions, great ideas like micro-lending have taken off, and this has helped. But globally, as we move away from standard Monday-Friday, 9-5 jobs, millions of people are turning to non-traditional forms of work. For many of these independent workers, the result has been that personal finance is getting even further away. 

At a global level, we’re still seeing huge numbers of underserved people. Even in developed nations, the gulf between banked vs. unbanked can be deep: in the US, as many as one quarter of all households are unbanked or underbanked, without easy access to savings, credit, or loans. There are also

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Blockchain would be part of our state’s priority; French Minister of Finance Bruno Le Maire

In view of the Blockchain Week Summit scheduled for 16 – 17 of April, the Capital magazine aspect on “economic and business” had an interview with Bruno Le Maire a day before, 15th April. In the remarks of France’s Minister of Economy and Finance, he communicated that the government of France would make blockchain a priority.

To demonstrate the commitment of the French government to prioritize blockchain, a sum of four million and five hundred thousand euros (EUR 4.5m) have been set aside for all advance inventions with blockchain inclusive. The money is an equivalent of five million US dollars ($5 m). France aims to perform this to disrupt American and Chinese supremacy on technology.

Brune Maire also made remarks which underscored PACTE Act responsible for the regulatory process of blockchain. PACTE Act was just currently approved by the states’ National Assembly.

The interview with France’s Minister of Economy and

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