Banking the "Unbanked"

External solutions are unlikely to solve problems. The "unbanked" know what their problems are and have solutions of their own.

Practical solutions to create knowledge, build confidence, break down barriers to opportunity and take charge of the future.

Banking the "unbanked", by capitalizing on technology to educate, finance, and identify. Build and create on  decentralized financial system that serves to improve livelihoods.

- Collaboration between "third world" countries

- Creativity and innovation

- Grow Technology Skills and Digital Literacy

- Practice Critical Thinking about issues

- Grow Communication Skills by crossing cultures

-Teams with members from different cultures

-Focus on Maslow's hierarchy of needs

"When we ask ourselves, 'who will be the consumers of DeFi who will be in need of identity systems and payment systems and new ways of representing equities' — will it be the ossified, highly regulated markets of the western world, which are invitation-only, or will it be the agile and nimble countries of Africa, Southeast Asia, South America, who have no incumbencies and are desperate to compete and thus are open and friendly to retooling and ideas?" Charles Hoskinson

Creating possibilities for "third world" countries to collaborate, create and innovate.

Challenge amounts should only be proposed in increments of $25K. Other amounts not in these increments will be rounded up. E.g. $27,500 will be rounded up to $50,000.