Gates Foundation’s Kosta Peric on Blockchain Tech and the Unbanked – Bitcoints

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Published on July 19th, 2015 | by bitcoin

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Gates Foundation’s Kosta Peric on Blockchain Tech and the Unbanked

For Kosta Peric, overcoming finance’s last mile means looking for ways to do so from the ground up.
“These include challenging shocks like debts, death in the family or some expense that has to be taken care of,” Peric said.
It’s within this context that Peric and others at the Foundation see the blockchain playing a powerful role.
The goal, according to Peric, is to spur local private stakeholders, government agencies and everyday people to support the creation of interoperable financial pipelines.
The site notes the blockchain can be “used as an alternative to current transaction switching and settlement models.

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