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Empowering Underserved Communities in Latin America with Ethereum

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Empowering Underserved Communities in Latin America with Ethereum

The Following is a replacement for Member You can find the Ethereum Foundation AM body.

Greetings 👋My name is Marcus I’m A researcher and builder. Guatemala, and EF Scholar. An Optimist with a coronary heart I’m A conviction that higher societies can be built by making the most of technological and social innovation is what motivates me. I’ve Since I was very young.

Guatemala: A nation of tough prospects

As When I was a kid, I could spend weekends with my dad to visit some of the most desolated cities in the country. Guatemala. At He was running a non-profit organization that provided last-mile medical care. The We visited the city of in the most. Puntarenas.

To Go to PuntarenasTo reach a city deep in the jungle, we would travel as far as three hours by boat through dense mangrove forests. When We began to visit the Puntarenas Neighborhood had limited access to scrub water, minimal academic or healthcare infrastructure and little financial exercise.

Established The civil conflict saw the people of Puntarenas Refugees sought refuge from violence and massacres that claimed more than 200,000 innocent civilians across the country. For now, I’ll We will spare you from the hard reality of US intervention Latin America (and past), through the Cold WarHowever, if you are interested in learning more about the subject, I highly recommend. Schlesinger Kinzer’s ebook. Bitter fruit.

Over We have worked together with them over the years. Puntarenas Neighborhood to organize medical and dental campaigns.

Fast You can look ahead to a few years. Puntarenas The city is now self-sufficient and all households have access to training, healthcare, and vitality. Photo voltaic solar panels provide electricity for some of the college’s computer systems. What Is going on in Puntarenas It is important to remember that even in the most dire circumstances, accessing first-rate primary providers can have a tremendous impact on a neighborhood.

The The historical past Puntarenas This is the truth of GuatemalaThe nation of, a wonderful country, rich in tradition and stunning landscapes. At First glance Guatemala It also seems that we are a rich country; in fact, we are actually quite poor. The best GDP in Central America In a second, the Largest selection of helicopters Per capita worldwide

Unfortunately, Guatemala’s The socioeconomic cloth paints an entirely different picture. We Are a rural dealing with excessive inequality, sparked 36-years ago by violent civil conflict and a history of exploitation and corruption Throughout The agricultural and primarily native areas of GuatemalaIt is not unusual to look for communities that you like. Puntarena As soon as possible, were left without primary providers equivalent to water, vitality and housing. Despite In these tough circumstances, people in these areas strive to provide better livelihoods for themselves as well as those around them.

The affect begins at home

One One of the biggest growth issues is that More than 19.6 Million people live in Canada Guatemala reside in desolate circumstances. In The most extreme cases are when multiple generations share one room. Open-fire stoves pollute air and make it impossible to maintain sanitation.

We Assume that providing first-rate housing is the basis for building a brighter future for all. After Our properties are where our lives are most meaningful. They are also the places we study and live together.

That’s Why a group of lifelong friends and I have joined forces on an initiative called POP foil. POP Lamina It is a patent-pending constructing technique that uses generally found building materials in progressive methods to create architecturally sound, light-weight and reasonably priced properties. The Knowledge is easy to apply even in remote locations. Guatemala.

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Many of the transactions in developing countries are made within the ‘informal economy’, where payments are not made using money. This leaves people in vulnerable populations unable to access low interest rate loans, build credit history and monitor trades. As a result, they are often taken advantage of by predatory lenders who exploit their situation.

Cryptocurrencies have the potential to revolutionize the way we interact with each other and energy systems, providing equitable financial models that benefit everyone. Decentralized finance (DeFi) is providing monetary services to people who may not be able to access conventional financial tools in rising economies worldwide, including those living in the most vulnerable communities.

I am currently researching ways to break the financial empowerment barrier through leveraging the power of Ethereum. My goal is to examine a series of options made possible by cryptographic technologies to financial inclusion and credit, to ultimately enable human flourishing in Guatemala and other emerging economies.

I have had the opportunity to speak with representatives of a variety of crypto initiatives, and I am preparing an open-source report that will provide an in-depth overview of the crypto landscape and give recommendations on the most effective ways to use cryptocurrency to unlock greater financial inclusion. In addition, I am creating a series of white papers and videos to help crypto developers better understand the range of technical, academic and societal issues and solutions that must be considered; and impact-driven organizations from rising nations who are looking to learn how cryptocurrencies can benefit their initiatives and efforts.

4 COMMENTS

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