SMP: Cryptocurrencies in Service of Those Most in Need

Excitement about the potential of blockchain applications has led people to forecast all kinds of developments. I recently met with someone developing a new blockchain application, Leaf, with the potential to serve those most in need: African refugees.

African refugees usually carry the little wealth they own. Since banks in many African countries are not trustworthy, refugees cannot make deposits at their current location and then withdraw their deposits somewhere else, such as another country. This problem makes their journeys to refugee camps more risky than otherwise since they can be assaulted while traveling with their belongings.

Continue reading at AIER.