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Can Decentralized Finance Truly Fix Global Credit Inequality, or Will New Forms of Exclusion Emerge?
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This story was originally published on HackerNoon at: https://hackernoon.com/can-decentralized-finance-truly-fix-global-credit-inequality-or-will-new-forms-of-exclusion-emerge.
Check more stories related to finance at: https://hackernoon.com/c/finance. You can also check exclusive content about #financial-inclusion, #credit, #creditcoin, #decentralized-finance, #equality, #financial-data-quality, #digital-rights, #credit-score, and more.
This story was written by: @abdaprince. Learn more about this writer by checking @abdaprince's about page, and for more stories, please visit hackernoon.com.
In 2022, over 200 bank accounts in Canada were frozen without notice, leaving protesters unable to access their money. This event highlighted what many have felt for years: traditional finance isn't just slow or costly, it's a system with hidden gatekeepers who decide who can access money, credit and economic opportunities.
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