Universal financial inclusion access through innovative FinTech and Digital Currency
Tuesday, September 10, 2019, 2:00 PM - 3:15 PM, Room 3 - Plasma
The absence of basic financial services represents a barrier to socio-economic development throughout the world, in particular in developing countries. With more than 7 billion mobile cellular subscriptions worldwide, however, increasing access to and use of ICTs is opening up increased access to financial services. Central Bank Digital Currencies and Currency-Pegged Stablecoins can be also an alternative form of e-money and contribute further to the goals of Universal financial access. How can Central Banks achieve the goals of financial inclusion through Digital Currency? Are Central Bank issued digital currencies and stablecoins equivalent to e-money? What are the technologies behind Central Bank Digital Currency? Which innovative financial technologies (FinTech) are leading the way in providing financial services to unbanked populations? How can ICT and financial services industry players - and their regulatory bodies - drive FinTech innovation towards smart and secure digital financial services?
This session is part of the Smart ABC programme at ITU Telecom World 2019.
Open to Leader Pass, Executive Pass, Forum Pass, and Media Pass holders