You can find the original article from Engadeget HERE

With cryptocurrency, we can change the world.

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Although the majority of people that use crypto are somewhat tech savvy individuals, there is still a group of people that don't know anything about crypto and may still benefit from its many uses.

"...there is tremendous potential for the poor and marginalized of the world to also see benefits from these technologies." - Ameer Rosic

In regards to developing nations, there is HUGE potential for new innovation with cryptocurrency! Just imagine... there have been multiple stories where people from these developing nations construct their own machinery and electrical units. I am a firm believer that innovation arises out of need.

If untapped brilliant minds in these countries gain an understanding of blockchain and crypto in general, I am sure they can come up with some world changing applications for the technology.

Crypto and Business in Developing Nations

For many people in developing nations, they do not have access to financial services.

Just imagine... with just an internet connection, they can become their own bank! They would be able to manage their money online through an open source wallet just like we do.

The reason why this is so powerful is that many of the currencies from developing nations are unstable. Instead of holding their own national currency where they are geographically limited, they could instead use cryptocurrencies and enter a global market!

This is especially helpful when starting a business. Instead of being limited to their own national currency, individuals can tap into the ecommerce industry and start accepting payments from all over the world!

Only time will tell just how helpful blockchain technology is to the world!

Thanks for Checking Out my Post!

Best Wishes,

Anibal Mijangos
www.anibalmijangos.com