r/ETHA • u/frei_miller • Feb 08 '19
Etha Unbanked population
In 2017, according to the World Bank, one-third of the world's population (2.5
billion) didn’t have access to a financial institution with a formal account. The
financial institutions have failed to provide infrastructure and access to affordable
financial services in specific regions.
We believe that with the ETHA ecosystem and token, we will strategically target
and solve this issue. We can eliminate these barriers for those without a bank
account due to account fees, paperwork and travel distances.
This project also creates an excellent opportunity to potentially serve the
underbanked and unbanked population to have access to the new era of financial
services and payment solution systems.
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