Millions of people still lack access to basic banking. Can blockchain change that? Point to a real solution—or propose your own—and show us how this tech could open doors for those left out of the financial system. Your story could win you a share of 15,000 USDT in the Spacecoin Writing Contest.
Note: This template is a guide, not a constraint. Answer the title question however you see fit
How can blockchain help promote financial inclusion among unbanked populations?
1. Introduction
- Who are the unbanked, and what are the common barriers they face?
- What is financial inclusion?
2. Why Traditional Finance Falls Short
- What makes it difficult or impossible for certain populations to access banks or financial services?
- Are there specific geographic, political, or economic reasons?
- Consider using stats or a short story/example to pass your point across.
3. Benefits of Blockchain for the Unbanked
- Explain how blockchain technology could remove some of the barriers mentioned above.
- What qualities make it a viable alternative?
4. Real-World Projects Making a Difference
- Name one or two blockchain-based projects or platforms already working to solve this problem.
- What do they do? Who are they helping? How are they different from traditional solutions?
5. Challenges and Solutions
- What hurdles still stand in the way of mass adoption for the unbanked?
- How might these be solved?
5. Conclusion
- What would success look like at scale?
How can blockchain evolve to better support financial inclusion?
What should builders, policymakers, or everyday users keep in mind?
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Round 2 is now open and accepting submissions until July 7, 2025.
If you’d like to participate in the Spacecoin Writing Contest but feel this template isn’t right for you, feel free to explore any of the other contest tags:
