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Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

It can reduce the cost of intermediaries in certain cases, but you would still need someone to enforce what is said in the blockchain. For instance, if you put information regarding a property of yours in the blockchain, just because it says so in the blockchain, it doesn't magically put a barrier in your physical property that stops people from entering. So you still need a government to enforce violence upon thieves to protect your private property, or at least some sort of private security. You can think many examples like these.

People that think blockchain will dis-intermediate everything and render governments completely useless are not being realistic in my book.

Now what blockchain can do, at least a censorship resistance one like Bitcoin, is to protect your wealth from evil governments, to move value across the globe without permission etc, which is already an huge thing and insanely undervalued.

I don't think so, blockchain technology can't put an end to these problems. Blockchain technology has been here for almost a decade and it does not affect the poorest of the people in the world. This technology had only made the rich, richer the way i see it. They all have the resources to manipulate things they want.

Blockchain is not some magic wand that can fix everything, it's just a type of database. Problems like poverty and famine are not cased by databases obviously, they are social problems that need social solutions. Some people believe that blockchain can curb corruption, but it hasn't been tested yet, and it also seems unlikely, because there are many examples of technological attempts to solve corruption fail, because corrupt individuals often find ways to circumvent them.

You are right, but I think blockchain can help improve this problem. For example, blockchain technology will be applied to life. Create new jobs. People and governments have more income. This will help improve the lives of so many people.

If we are talking about the government using blockchain as means of cost-cutting and being more efficient I think it would benefit the poor overall and the before expense being used before can now be shifted to other projects of the government which will benefit the poor and the needy. But I don't think it will be enough to solve the poverty situation overall as I don't think that the expense being save will be big. Solving poverty will always depend on how big and how will the government manage their budget on focusing amd solving it.

I doubt that blockchains could solve the world's problems. It's like saying that the peoblems of the world could be solved with money. The problem is that people don't care so much now. Having 7 billion people now and a dwindling resource is also a problem. I do believe in what thanos was figthing for. Less people mouth to fees means better meals for people.

my opinion is related to blockchain whether it can answer problems related to poverty and hunger in a country or in humans, I think blockchain is not able to answer that, blockchain only answer related to alternative trading problems, digital transactions, work related issues can work as bounty hunter, or buying and selling, is about starvation trying to keep planting or agrarian staple food crops that will be eaten, may be useful and successful for all of us

I think the problem is that there are just too many mouths to feed. We live in a planet that has very limited resources and people who tend to horde them from others. I believe blockchains could alleviate the problem by giving people money to spend butbthisnis just a stopgap and not a long term solution. We should look into lessening our population.

Of course blockchain can help since working into crypto world don't need legal identity. In order to help them we should teach them and encourage on how it will benefit for them if they will use crypto and what are the possibilities that might happen in the future if they will continue using it.

definitely can help lessen but not totally eliminate poverty, the problem with third world countries are the access on the internet by a common people or poor people of their state, since blockchains are internet-based platforms, lacking of computer use and internet connections hinders many third-world country.

Blockchain is just a technology that aims to reduce the cost of intermediaries enhance the security of transactions.  when you need to buy something.  If you use blockchain there is no need to pay for intermediary services like bank .... blockchain will contribute to improving the world and making the world better.  It can not completely resolve poverty and lack of food.

Nope.
It has been debated a hundred times already.
The blockchain is not some socialist magic wand that will reduce poverty and will grow food out of sand and garbage.

The poor will remain poor and the rich will become richer, the blockchain is just a database, nobody has survived 30 weeks in the desert sucking on his usb stick with a mysql database on it.  ;D


Oh, give the poor money and reclaim the riches from the evilz hoarders.
This worked like magic in Venezuela!!!!



Some people believe it can curb corruption, stop famine and disease because they have no clue what the blockchain is.
For most people here bitcoins,crypto,bounty,blockchain mean only one thing, money and for them money solves everything.
Unfortunately, the blockchain is not a money printing machine, and some will be hard hit by this reality.


As I was saying....

I don't think so, Blockchain have application at almost problem of now. And everyone using it look like replacement of normal ways, they have a lot of disadvantages beside advantages. So i think it will be help a little, not almost.

basic problems? well yes I guess they are after all quite basic
Yes there is a way to fix everything, where this is a WILL they is a WAY and WILL ALWAYS BE A WAY!

I don`t have legal identity and I was born in Canada with a SIN card and birth CERTIFICATE
The randoms coming into my country have more BENEFITS than a man who has FED BILLIONS and is still feeds BILLIONS his entire life, THE MAN is literally outside right now dieing feeding these people and has been nothing but completely fucked by these assholes his entire life. Who will feed the world when he dies? GOOD LUCK CANADA IF YOU KILL OFF THE REST OF MY KIND NO ANGELS WILL BE LEFT TO SERVE YOU! and you all die it is quite the unfortunate TRUTH, but the TRUTH is they need us more than WE ever WILL need THEM.  your fancy houses, your fancy roads queen, your fancy fresh fruit you eat world that all belongs to ME! I DID THE WORK, I PUT IN THE TIME, I PUT IN THE VALUE!

https://www.youtube.com/watch?v=wFfi80pVWgs

haha if you had these guys out there building the walls and foundations for OUR KIND, the walls would fall before they finished! haha makes sense now does it not? CORRECT
How can you call yourself leaders when you don`t even know how to work a SHOVEL! I know how to work SHOVELS! I get to SHOW YOU! DISGRACES!
 
Blockchain and advanced cryptography well they sure can help but there is other ways to help as well, some never even thought of before as the public education has killed off most dreamers. Thankfully I was put in special needs when I was 5 and just ignored all their shit from a young age, cancer cannot grow in the minds of PURE.

-sourced from MYSELF https://twitter.com/ThugLifeBlazer take look at me I AM THE BEAST DO NOT FUCK WITH ME I WILL SNAP ON YOU! I BURN EVERYTHING IN MY WAY! I AM ANTI MATTER BUT I STILL MATTER, you angels are here to serve ME! I AM A HUMAN MUCH BETTER THAN YOU!

Blockchain does not give a damn about poverty and legal identity. Blockchain is just a public ledger where all transactions are reflected and is accessible by the people. How in the world could a public ledger put an end to poverty and famine? That is a rhetorical question and the answer is IT CANNOT.


It is the other way around. Blockchain could demolish jobs. Without the need for third-party entity then banks and such will be no longer needed. If ever they still exist, the job it needs will be lessen. Thus, less employee needed. Think of this as the conversion of manual method to automated.

This is the reason why THEKEY is a great investment. They have the support of the Chinese government to issue identities on the blockchain. They will then spread out to Africa and other areas where it is needed.

For legal identities, sure. Malta is actually attempting to tie citizens records to the blockchain. It's a huge step and they'll be the first to take it.

But for straight up poverty? That's just ridiculous.

Blockchain will help in the development of a efficient platform to eliminate the basic problems, particularly with ease the necessity can be analyzed and upon the requirements distribution to the needy can be done in an efficient manner which is impossible and hard to achieve with traditional system.

What problem do you mean because here in the world a lot of problems and I think Blockchain will solve the problem in some areas but will not fix the problem as a whole, Blockchain is not a technology that can quickly fix all the problems there must be a stage that must be developed in time not a bit, is not a way out if problems can be solved only with money but must also be filled with more important terms than that, the problem will always exist in every economy that exists today, the great man is very indifferent in the condition of the disadvantaged population, the game always there.

Blockchain will definitely help in many areas of life like governments data and more transparency and in banking industry we can see internet next version is blockchain and soon or later we will see more mass adoption for blockchain

People are ridiculous. They don't understand anything of the tech that's being praised by nearly everyone. I have never seen much value in the blockchain when it comes to non crypto purposes. At best it will offer efficiency, which is great if it helps businesses and organizations cut costs, but what is there for us to gain from it? Technically they don't even need a blockhain. If we look at XRP's network that was tested by Western Union, it didn't turn out to offer much of a benefit at all. Admittedly, there hasn't been much information regarding how they exactly tested XRP's network, and how far they stressed it, but it's quite an interesting outcome, especially when you take into consideration that XRP doesn't have the scaling aspect holding it back....

I agree with you. Blockchain could help our Government/economy in cost-cutting as it will reduce or even eliminate the cost of middle man or bureaucratic practices in our Government. Because of bureaucracy, Government employees were able to go into corruption. With blockchain, most of this will be eliminated as it will be blockchain to handle the transaction. Human error will also be lessen. This will not eliminate all the problem but it will definitely help to resolve many problems. 

I don’t think, that Blockchain can solve the global problem of poverty, because it is not so easy. It depends on us, if we would not help and share with those people, not any blockchain will help us.

See "What the Blockchain Means for You," ------> https://medium.com/@julie_45376/blockchain-for-dummies-26fdf5de6dff

The blockchain solves the trust problem in the end!
The blockchain is expected to form a completely decentralized social network. After the formation of such a social network, it means that we can form a trust relationship with the society at a very low cost, so that the operating cost of the whole society is greatly reduced.

I think yes blockchain can end all of that problem because with blockchain they earn money and they now afford to buy thier daily needs and with that, the economy of country become better because, even your not educated you can earn money for free, bitcoin can change evrything

Blockchain being able to solve every single problem put to us is the sort of thinking that's partially led to the situation we find ourselves in now. Surrounded by projects using blockchain for the sake of blockchain.

Bitcoin solved the Byzantine General problem. It solved the double spending problem. These were valid, extremely pertinent money problems finance had been facing for as long as money had been invented.

Poverty? Legal identity? These are very deep problems rooted in a mire of underlying social, economic, political issues. Perhaps decentralised technology spells an alternative route towards tackling them but can we stop seeing blockchain as the all-reaching God solution?

Yes i believe that blockchain technology help in solving poverty it also offer job for the jobless and poor people who are smart and have knowledge about cryptocurrency to earn for their living just by joining signature campaigns.

Blockchain is not a magic wand that we can wave to eliminate these basic, yet persistent problems. Poverty, for example, is a product of many factors like lack of education and unpleasant environment. Blockchain must first eliminate this factors to finally erase poverty--I don't see that happening.

Poverty is the reason the world is made for the rich. They are interested in making it more poor. It's easier to find people who can work for little money. This situation is achieved by manual control of the money supply and corruption. Bitcoin can change the balance of power. That's why bankers and oligarchs are against cryptocurrencies.

Blockchain has its own function, not all the problems that exist in this world can be overcome by blockchain. I consider the blockchain function to be limited just like an existing bank. There is no other function and can even be said blockchain can help humanitarian problems. Poverty and hunger have nothing to do with blockchain, you can see your own logic.

That social problem can't be fixed by a technology that focuses on businesses.

I can't find a way that blockchain will help those people who are starving and have no food to eat however, if one of those kids strive to become a blockchain developer, then I guess that's plausible in a way that it creates employment and opportunities.

Poverty and famine is a never ending problem of the world since the time of memorial.

This was impossible because ut us already the problems from now and then and we cannot eliminate it perhaps with faster growth of populations and the materials that can danger to our lives. They can only lessen this problems but not eventually to end.

Blockchain can actually be used to solve some of this problems like identity management. With the use of the transparent decentralized blockchain distributed ledger, it will be difficult for anyone to forge his or her identity. This can greatly help to have proper documentation or information of everyone in the world, and can also be used for security purposes to reveal the identity of anyone who may have been involved in a criminal act.

I wouldn't say that bitcoin would necessarily be able to combat the issues such as poverty per se, but it definitely provides some properties that will be extremely useful to those who are in countries where banking services are hard to reach, and overall global reach of the workers are limited, thus resulting in extremely low wages.

Bitcoin can open up tons of opportunities as it can be obtained and transacted with throughout the world without any sort of identification, without discrimination, and without borders. It allows workers from third world countries to connect with employers worldwide, and also have somewhere to save their money.

But the main thing is probably bitcoin's property as a store of value. There's a ton of countries with hyperinflation problems that face depreciation in their fiat on a daily basis. Bitcoin is able to help the citizens in their country to essentially have somewhere safe to store their wealth, instead of having to scramble to spend their life savings due to the inflation (Venezuela is a prime example of this).

Thanks guys for coming back to me with your answers!
I do agree that there are immense possibilities that we can uncap with the help of Blockchain; however, it would also depend upon a lot of us (e.g. Govt. / Countries / Organisations etc.), how much we are willing to exploit this technology to create a better world, as opposed to filling our own pockets.

Blockchain has a big role to our community and its people it has a great contribution but it doesnt totally elliminate the basic problems in our world.Poverty, legal identity etc. is a long time crisis all over the world whether you live in first world or third world country.Only the good services of a government can help to solved it and also by the help of everyone.

I think no blockchain is not to deal with the problem unless it is buying according to needs and needs, then making investments to grow in poverty and nutritional problems I think it's a lazy thing to grow in an organic way, I think the future will get even more minimal because very reversed the comparison between the quantity of goods and the amount of money in circulation, may be successful for all of us

Bitcoin doesn’t certify that you will be rich. There are lots of losers in bitcoin and also there are earners. I know some people that has been working hard to earn something out of bitcoin but it hasn’t been easy for them and they still haven’t achieved anything.

Most people had given up, because everyone is looking for a way to make money quick, no one is ready to waste time and money in what is not earning them money at all. So bitcoin can’t end world poverty and where a man’s opportunity lies is not where another man’s  may be.

Blockchain cannot eliminate it as there are always ways for people who wanted to do illicit activities that has a contribution as to why there are more poor people or shall I say the poor getting poorer and the rich getting richer. Blockchain can at least lessen it like when it comes to transparency, people can track the funds thereby reduction of fraud because some would not attempt to do it due to being tracked and caught in what they are doing.

Blockchain is not magical system that can change anything instantly. But indeed blockchain is powerfull tool to create transparant system. If government using blockchain technology, government can save a lot cost and using it for another program like adding budget for poverty or education

Don’t you think you are expecting from blockchain technology, way too much? I mean blockchain is a wonderful technology introduced which can ease the working operations of many sector. Poverty, lack of food and identity are the issues which cannot be addressed by blockchain directly. You cannot expect blockchain to do the duty of government bodies also. These problems need attention of the government and the bodies framed for such purpose.

I think not.  Blockchain can't help eliminate the basic problems in the world. I think Bitcoin only helps with billing issues. Make sure that Bitcoin payments are faster and more convenient

I don't see identity as major concerns in the third world countries because there is hardly a database to have everyone details. The larger population is still outside the banking system, they don't have drivers license, they are not bothered about voting, they also don't care about government health care system, they also don't pay taxes. These are avenue where they could have identities and when that is absent, then there is no identity falsification or identity theft. The advanced country could be faced with all of that.

On the issue of poverty, this is a serious issue facing the third world countries and I don't see it being solved till the next century it can only be reduced to a level. How would blockchain then solve all of this, from the economic point of view, the liberation has started with individuals getting exposed to crypto currency and its embedded advantages they are able to change their economic conditions and immediate family. The identity solving issue would have to come from the way top of government because of the sensitivity of human data.

in my opinion this kind of problems don`t require a new technology but a change in the social behavior of people. As soon as we control greed and make empathy as a huge community those problems would be nothing.

The main problem in the mentality of the nation and no blockchain (which just public register) or another system will help with it. As I remember from video on youtube, when the government tried to teach people in an 3rd world country to use a public restroom and even was paying for that, but people just continued doing it on streets.

Blockchain is the new era technology. When the people need to exchange commodities barter system introduced. After that gold and silver took place and then paper money. Now people use cards for their daily purchasing and in the future blockchain will replace all these things. Digital money will take over the market and all other currencies will disappear from the market.

Personally, i think the blockchain technology is the future.

In my own opinion, yes it is possible if government will allow their own people in the community to invest on cryptocurrency or run a mining hardware, in this way they can earn more income depending on the market.

It will not. Some will still be poor, some will end up rich and the rich will still get richer.

What blockchain technology will do is to bring some advancement, cut out the third party stuffs, and probably help some people who are smart to find a way to adapt the technology like some companies are now doing, which I believe will help change some things but when it comes to government rule, centralization will still be the norm of the day whether blockchain is adopted or not, and we all know what that means and the only way is for each individual to break out from those shackles by themselves.

Blockchain technology is very effective and powerful in managing financial and monetary systems. The application of blockchain technology in internet-based workflows is wonderful, which I think countries in the world should apply to their country's management systems.

Blockchain is able to bring decnetralized to the community, which soon can be converted for bringing the power back to the people.
Nowdays, big companies are able to control the people with monopoly, they are able to control one section that usually causes the poor people to pay huge amounts of money just because they don't have any other place to get this specific service from.

Bitcoin is going to save a lot of money to the community and is going to save it from big companies and organizations that are just trying to use and hurt the community and make money on our back.

No, there is never going to be an end to anything like that, bitcoin will just offer a better environment for the economy to flourish that is all, but there is still going to be income inequality and poverty all over the world, you must understand that there is not an easy solution to those problems because if there was then we would have solved those issues centuries ago.

Blockchain system can help people directly...It is a system or program to reduce the intermediaries and secure the data on file. Blockchain can not produce money for this people,  it can, some how protect the identity of the people on record. Recording one individual is done manually globally, then maybe if you have a better idea, you can always talk to the government people or any company for you better suggestion.

I really wonder on how can blockchain can help. At some point it may decrease but not eliminate poverty as we all know not all prople in these countries have an access to internet. It may give opportunities to some people.

What I'm thinking is that it may help people manage their time and financials. Time - with the help of blockchain we can easily manage to pay bills make to transactions, send money easily etc. Financials, what I mean to that is that not all of us even in U.S are unbanked and because of blockchain it will give us the power to be self banked and easily manage our money.

There are many arguments and opinions that we have on my mind but these are my share to you folks.

I dont think blockchain can help poverty, blockchain and  bitcoin were not created to solve poverty problem, but bitcoin could prevent and save people from poverty, but I think blockchain can solve a lot of legal identity, some countries already used blockchain technology to solve land owning problem, and in the future blockchain will help to solve more problem

The richest countries in the face of a small group of oligarchs rule the state and they are not interested in taking care of or financially support their people! How blockchain can help these people is hard to imagine. To make the rich richer and the poor poorer..

We cannot just simply say blockchain will just totally eradicate every concern we have always had but it will surely disrupt a lot of things from the way they have been done over the years which would then make it easy for the economy to grow,.

But we have to understand that depends on adoption of it by any country, how things are still being done since things would still want to be in the centralized manner when it comes to government, so the only way out that I see is when decentralization just take the space but we all know that is one thing that is hard to see happen.

Blockchain alone cannot do any magic but human innovation and enhancement based on requirements may bring big revolutions in this world. We may expect big changes to happen on how people save and spend in coming days which may lead to further developments in other industries and sectors.

I do not understand why blocking technology is not widely used.  How would she simplify the work.

I don’t know about the basic problems but I am sure that blockchain technology will help people to solve their financial problems. It is a fact that it is not easy but with the passage of time when people know the use of blockchain technology, they will create ease for themselves. The future is that of blockchain technology and the people will use it like cellular phones.

Probably because you don't understand what the blockchain technology is...
Oh, wait, you were talking about the "blocking" technology, sorry but this is bitcointalk not facebook.


Yeah, and how is this decentralized bs going to save you from a company that holds a monopoly?
Is the community with only with the help of the blockchain going to be able to produce a car, to refine oil or to create an internet service?
Or is the blockchain going to transform all the people there in scientist and by tomorrow you can develop your own seeds and say fu to Monsanto?  ;D


Yeah, I'm getting this confirmation like every damn day.
For like 99% of the people here the blockchain means free money for every.....

The only thing that the blockchain is doing right now is disrupting education, screw education, the blockchain will give me money, this is the new trend around here.

If government using blockchain, government can save a lot cost and save a lot budget. That saving can used for poverty program and increasing quality of life on that poor peoples.
Blockchain is very usefull in any purpose and i am believe with eficient technology like blockchain, government can make budget more eficient and spending more money for peoples

In my own opinion, yes it can, if most of the government will just allow people to use cryptocurrency on their country then people can live a very wealthy life just the same as japan today.

I don’t think that blockchain can solve the problems of ecology for example, or poverty (villages  in some African regions still don’t have electricity or water supply). Someone quoted here that cryptocurrencies can help people live better!?!! What??? If they find electricity, then a computer, then internet and then online shop, then  order bread and fresh water and then pay with crypto, that would be a pure magic

 But without exaggeration or sarcasm, yes, blockchain  can be a massive tool in solving other global issues.

Blockchain is a great technology which can give us security to store our data in secure format and I think there is no way to intrude the blockchain technology details from some other people with out the appropriate details.But is this change any basic problem of world? like can save the people from unemplyment or can fulfil the food requirements of poor people. ::)

Well this is even non sense to get this thing. How block chain can directly eliminate poverty from our societies. This sent the duty of block chain to get things better for society. It is just a method of payment or you can say an earning source as well. But that doesn’t have any directly link to elimination of such big dilemma of society. This may help to reduce things but not fully capable to eliminate it.

I believed that the blockchain technology that we have in these cryptocurrencies are the key to solve the current basic or common problems that we have in this world because they are really making this cryptocurrencies because they know that there is something to fix and if just the countries will adapt the cryptocurrencies then it will slowly help the country to have a better state.

For some people, YES it can, but not for everybody. Just like in the office where you’re working, it’s not everyone that gets promoted, so when it comes to Bitcoin not everyone would be so lucky. Thank God I’m lucky though. But as usual you have to be hardworking for something good to come your way, and not only by being hard working, you need to be smart and try to be at the right place by the right time. Working hard and not thinking smart is a waste of one’s time, seriously.

Blockchain can only help people if they join signature campaigns or invest with bitcoin helps them in their financial but nit totally solve poverty and hunger because only those people who have the knowledge about cryptocurrency is earning so the government should be the one responsible in solving these problems.

Bitcoin is going to eliminate the fees the banks gets for every single transaction, there is no better business than banking you do nothing and yet you receive a cut every time money moves, while in bitcoin you are also going to pay a fee the fee is based on the size of the transaction and not in the amount of money being transacted like what happens with banks.

Blocking will help to simplify the creation of a single database of people.  I do not understand why until now this technology is not used.

Yes.  Like you said, the problem of the world is caused by the world itself and the humans living with it. Some things may change in the way we have been doing things, would help to bring some development to how people live their lives but does not mean some governments will not stop their corrupt activities, or everyone will just jump from being poor to being extremely wealthy overnight.
In most of the third developed world and underdeveloped countries, corruption led them to where they are today, so what makes it different even when the blockchain technology kicks in?

The electronic money market will help the human world take a new and more modern step in life. Electronic money aims to attract investors and their users to boost the economy faster. Its purpose is to bring great value to mankind especially to increase profitability and quick and easy transaction regardless of anything.

Bitcoin is a not a business that does charity. This is a technological improvement run by all the world together. Globally we improve it by using it. The issue at hand is not something that can be solved with this type of technology. If we want to feed people or bring them water and food than we need to stop going high tech just for us and start focusing on stuff for people in other countries. You think places in Africa and Latin America and Asia have troubles just because of themselves ?
It is a problem for all of us when there is waste food everywhere in the world and we still fail providing food for each other. The problem is we do not see each other as humans but just other nations citizens.

Well, that would be for a government that is willing to work to bring a huge solution to its people and solve some economic issue going on in the world. As it is, it is obvious that so many of the leaders in the corrupt nation will still find a way to do whatever it is they have been doing. Like you mentioned in your last statement, it still will all ball down to how things are managed and sure, blockchain technology may bring about transparency and accountability, but it would not just solve the world problem fully.

As many guys are already said here, I can agree that only people can handle that and if we will have the best tools but no people who would use them so it is pointless and worthless to have them.

Blockchain can help resolve some of global problems, like corruption.

The Australian Securities Exchange’s recent decision to scrap their CHESS transaction system for Distributed Ledger Technology (DLT) is just one of many examples of centralised networks being replaced in favour of a decentralised blockchain approach. However, blockchain networks, and by extension cryptocurrencies, find application in industries extending far beyond the scope of financial services.

Healthcare is an example of where blockchain is helping to create efficiencies by storing encrypted patient information that is shared across healthcare providers, removing the need for form filling.

I vote for answer of you. A answer very good

Technological advancements have reduced global poverty significantly in the past 100 years. Although many people have been able to leave poverty due to this, however, still more than 1.3 billion people live in extreme poverty. Extreme poverty is defined as having less than $1.25 to spend every day. There are a wide variety of causes for poverty, which differ per country, but in general causes for poverty include: lack of education, environmental problems, lack of access to banking facilities, lack of legal ownership of property, lack of rule of law, overpopulation, epidemic diseases or changing trends in a country’s economy.

Blockchain technology is rapidly changing people's financial life's and financial statuses from poor to rich, something we can already see with Bitcoin. Bitcoin enables everyone with an internet connection to open a wallet and start receiving and sending money, without the need for an ID or a credit history. For many developing countries, this might be nothing new.

When Blockchain and crypto coins are used, it offers a wide variety of new products and services for the poor, for a fraction of the costs, which could significantly improve their lives. Examples include microloans, or payday loans, for a fraction of the costs of traditional (payday) loans. The company Wayniloans developed a bitcoin lending platform, which is gaining traction in Latin America. They offer multiple loan services, including cash advance, peer to peer, and business loans, using the bitcoin blockchain for a much low rate than traditional lending companies.

Blockchain can upgrade the economy, and good economy can make the world better.

I think that thinking could have a possibility, but right now, it is just too advanced. Although cryptocurrencies and blockchain technology can have lots of effects in many facets of a country, especially in its business sector, it can't be said to have that "cure all" type of feature that can answer as big as world problems. It can surely be a tool used to change things for the better, but it should first gain a status of stability that it could be utilized by more and more people. After such, then it can grow into such a market that can actually be used for more ways and can provide answers to the world problems that we experience now.

I think it can be a way to reduce those problems that you have stated but there are also consequences. If blockchain technology is going to be used in those countries, it will have huge changes,it can help reducing corruptions because this system poses transparency. Many other solutions have failed and maybe this one will more likely to succeed.

I would say that it can help us but we are at the first one to responsible to be living better so blockchain itself cannot help those people who are don't wanting to help themselves.

Blockchain can't do anything about this,but we,the people that uses cryptocurrency with blockchain technology can contribute helping this concerns.because lots of profiteering offered from this community and only waiting for us to make movement to gain from this

Its main purpose is to bring society the most useful. And it increases your funds, helping you to pay off the deals quickly. Especially not subject to any taxes at all. The purpose is to help that society really very basic.

No it can't do something like that, blockchain technology can be used in a lot of field but to say that it can solve major problems like you stated is too much. Blockchain will be useless for the one that live in poverty and if they want to reduce poverty then they have to work hard for it.

no, it is the responsibility of a country not a blockchain.
blockchain won't completely solve problems like this. the government that should work to overcome this.