For the longest time, it seems like the world's poorest have being neglected. Hit day after day with misfortune, it seems like the world — with its corruption, high inflation, high unemployment rates and lack of opportunities — is rigged against them. It is global issues like these that the blockchain platforms seek to address. What follows are a few ways blockchain can be of use to those who need it most.Reducing Remittance CostIf you have ever sent money to a relative overseas, you know that intermediaries like Western Union, Uni Transfer etc. collect high transaction fees. One of the benefits to using cryptocurrencies instead of fiat (cash) money is transferring money anywhere with no hassle, at zero or low cost. Blockchain platforms allow users to send money at a lower rate than conventional money transfer services.Enhancing Financial InclusionMore than 2 billion people worldwide are unbanked, according to the World Bank, meaning they have no way to open a bank account. Even those in developing countries that do have bank accounts are underbanked, meaning they don't have access to certain advantages like participating in global commerce.


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