Blockchain and crypto are more than just tech – they can also raise people’s wellbeing

The past decade or so has been a landmark time for financial inclusion. With the advent of affordable mobile phones, programmes that focus on microfinancing, and a slew of user-friendly and mobile-first financial services such as M-Pesa, more people than ever have been able to pay, be paid, and save.

This said, as of 2017, according to the World Bank and First Data an estimated 1.7 billion people across the globe remain without access to formal financial accounts. On top of this,...