Monday
October 22
2018

Gates Foundation Partners Ripple and Coil in Financial Inclusion Initiative

The Bill & Melinda Gates Foundation is teaming up with San Francisco, California-based blockchain firm Coil with a view of enhancing financial access for the unbanked and underprivileged communities.

Initially announced by the principal technologist and a deputy director at Bill & Melinda Gates Foundation, Miller Abel, the development was later confirmed by the blockchain startup which was founded by a former chief technology officer of Ripple, Stefan Thomas.

Photo courtesy of Institute for Money, Technology and Financial Inclusion.

Source: CCN (link opens in a new window)

Categories
Finance, Technology
Tags
Bill & Melinda Gates Foundation, blockchain, financial access, financial inclusion, financial services, fintech, startups, unbanked