Blockchain and Financial Inclusion: An African Diamond
In the first episode of Rhetoriq podcast focused on Blockchain and Financial Inclusion, Arun and Efi speak to Tricia Martinez of Wala in Africa. Tricia shares with us her reasons that led to her founding Wala and issuing Dala focused on Africa. She discusses her journeys within the African continent and why "Banking the Unbanked" in a conventional sense is actually - nonsense. The Unbanked population of the world don't need banks and can't deal with the traditional system. Is Blockchain the solution?
Hear how Wala has grown to be the go-to solution for the people of Africa for fee-less value exchange. While MPesa started the payments revolution, the infrastructure created by them still has interoperability problems and high fees for transactions. Can Wala overcome those issues?
Wala Foundation recently won an award as the best firm for Financial Inclusion in Africa from MIT and MasterCard foundation. And Tricia shares how it all happened.