How to Give Debit Cards To People Without Papers

Classmate Sumit Aggarwal has just sent this interesting look at Finland and how it's using blockchain technology to give refugees a modicum of financial independence. The article, "Finland has a novel way of giving refugees money," is published by the World Economic Forum.

This thesis gives you some idea (but read the full piece to get the entire picture):

The cards mean that the refugees can also receive money – including salaries when they get jobs – and pay bills, without the need to open a bank account. 

The blockchain technology used by MONI doesn’t require a financial intermediary, such as a bank, to process transactions. Instead, transactions are instantaneous between users, and a unique digital record is kept of each one. It’s a cheaper payment system that is highly transparent.

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