The Transformative Role of Digital Currencies in Promoting Sustainable Finance

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 40 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 57%
  • Publisher: 77%

Finance Новости

Digital Currencies,Decentralised,Sustainable Finance

Decentralised digital currencies in ESG.

Digital currencies, particularly decentralised ones, can play a transformative role in promoting sustainable finance and economic inclusion, key aspects of ESG. By leveraging blockchain-based digital currencies, businesses can create new models of financing that prioritise sustainability and social impact.

Using decentralised digital currencies, Kiva ensures transparency and reduces transaction costs, enabling individuals to access capital and improve their livelihoods sustainably. Decentralisation ensures that power and decision-making are distributed, enabling a more inclusive and participatory approach to ESG practices.

In Africa, digital currencies have emerged to promote financial inclusion and drive sustainable finance. For instance, BitPesa, a fintech company based in Kenya, utilises digital currencies to facilitate low-cost cross-border transactions. By leveraging decentralised digital currencies, BitPesa enables individuals and businesses to access financial services, bypassing traditional banking systems and promoting economic inclusion in underserved regions.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 5. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

The digital revolution: How technology transformed Norway’s online casino industryAfrica's better future
Источник: mailandguardian - 🏆 2. / 92 Прочитайте больше »