A recent report by World Bank shows that between 2011 and 2014 the number of unbanked citizens in the world has been reduced by one third.
In the linked ﻿video, Ericsson’s Elaine Weidman-Grunewald explains how a mobile banking system has contributed to a rapid progress in increasing financial and social inclusion all over the world. The video is worth watching for its insight into what can be done with blockchain technology when applied to finance and banking. This means that ﻿750 million people are included now have access to the global ﻿banking system; Weidman-Grunewald attributes this gain largely to the accessability of mobile banking.﻿