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View all search resultsOne of the main causes of financial exclusion is that many of the world’s poor lack proper personal identification and documented property rights. Blockchain technology can help to overcome this by storing tamperproof personal information, unlocking access to financial services while reducing the risk of fraud.
Blockchain technology, which is basically used to create a decentralized and very secure online ledger system, only began emerging in Indonesia in 2017 when six local startups banded together to form the Indonesia Blockchain Association.