Financial and Monetary Systems

Much more than bitcoin: how blockchain can help the world's poorest people

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. Stocks pushed further into record territory on Wednesday, driving the S&P 500 to an all-time high close for a fifth day, helped by strength in financials and technology. REUTERS/Lucas Jackson (UNITED STATES - Tags: BUSINESS) - RTXZFHC

Blockchain-based systems are helping people in the developing world in a number of ways. Image: REUTERS/Lucas Jackson

Nir Kshetri
Professor of Management, University of North Carolina – Greensboro
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 A pilot project in Pakistan is using a blockchain system to help needy families get cash and food.
Image: Farman Ali/UN World Food Program
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Financial and Monetary SystemsEconomic Progress
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