Promoting Financial Access Through Blockchain – The Unbanked Project

According to numerous statistics, a whopping 1.4 billion people are unbanked—that is, they do not own an account at any of the traditional financial institutions. While there have been significant improvements in the last couple of years, more work is needed to embrace the digital world faster. Unbanked, through blockchain and cutting-edge technology, hopes to achieve that.

Unbanked is a US-based, SEC-registered company that aims to connect cryptocurrencies and decentralized finance [DeFi] to traditional financial institutions, debit cards, etc. Through blockchain technology, Unbanked is introducing global accounts focused on cryptocurrencies. Unbanked is committed to empowering users to take absolute control of their currencies and enjoy a better banking experience.

The team combines the utility and efficiency of cryptocurrencies with the level of familiarity synonymous with traditional financial institutions. Unbanked prioritizes global accessibility—onboarding as many users as possible in compliance with regulatory laws.

Features of Unbanked

Unbanked understand the importance of financial access—the website describes it as a fundamental human right. This US-based project will enable financial access at all levels through blockchain technology. Unbanked espouses many features, such as the UNBNK token, to achieve this magnanimous feat.