BelugaPay-The World Bank’s Financial Inclusion Database
According to the World Bank’s Financial Inclusion Database, as of 2015, almost two-thirds of the populations of justfive countries — Indonesia, Philippines, Nigeria, Colombia, and Peru (a combined 630 million people) — remain unbanked. If one includes all middle income and developing nations, that number rises to a whopping 3 billion-plus humans without access to a bank account, let alone access to basic financial tools such as a debit card. Despite leaps made by financial technologies in the past few decades, it is clear that accesss to simple, 21st century financial utilities remains shockingly low. BELUGA aims to leverage these new technologies to develop an open source asset transferring platform. By thus providing the tools for small businesses and their customers in developing countries to go digital. Mission BELUGA’s mission to help the unbanked billions become part of a newer, better, and fairer global financial system. BELUGA will be fully compliant in every jurisd...