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Helping the Unbanked: How Gluwa Supports Global Financial Access
- About 1.4 billion people worldwide are unbanked, with 71% residing in rural areas lacking proper banking infrastructure and formal identification.
- Financial inclusion aims to provide accessible and affordable financial services for all, supporting economic stability and social mobility.
- Gluwa's mission involves utilizing blockchain technology to connect traditional financial systems with underserved global communities.
- By combining blockchain with financial services, Gluwa facilitates financial transactions for individuals without traditional banking access.
- Gluwa partners with organizations like the Central Bank of Nigeria to enhance financial access through initiatives like linking blockchain with the eNaira.
- Gluwa addresses financial exclusion by utilizing blockchain to reduce transaction costs, improve credit accessibility, and extend financial reach.
- The company leverages Microsoft Azure for scalable cloud solutions to provide efficient blockchain services globally.
- Through blockchain technology, Gluwa enables underserved communities to create transparent financial identities, reducing traditional barriers to credit and financial opportunities.
- Gluwa's projects extend financial access in regions with limited banking services like Africa and Latin America, promoting digital currencies and improved financial innovation.
- Gluwa's initiatives may prompt traditional banks to enhance their services by incorporating blockchain solutions, potentially leading to more inclusive financial services.
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