Tackling financial exclusion by the 3.5 billion unbanked

in #cryptocurrency7 years ago (edited)

This is one of the best crypto projects I have come across. It is actually aimed at providing access to mobile banking and giving rewards for using the service in much needed underdeveloped locations around the world.

In short the Dala Token is a "borderless zero fee rewards driven platform".

Wala is Cape Town-based fintech startup. It will roll out the project in Uganda with over 400,00 users. The key is to get more users to join the platform. The more Dala is utilised, increasing its utility as network effects grow. As its utility increases, more users will be drawn to the platform, creating a robust token ecosystem!

Below are some short videos that provide some basic information on the project.

What is Dala?

The Origins of Wala

Interview with the founder of Wala, Tricia Martinez.
http://ventureburn.com/2017/10/wala-financial-exclusion-emerging-markets/

Samer Saab, Co-founder.
https://blog.getwala.com/bringing-financial-services-to-the-masses-through-digital-partnerships-91e22ead44b8

Summary
This is one of the first cryptocurrencies where underdeveloped areas are first to use the amazing tech we are seeing in crypto!