Andreas Antonopoulos: Text Phone, Bank

Posted by admin on Monday, January 2, 2017

Andreas Antonopoulos Money Quote saying in his book ‘Internet of Money’ that the rapid expansion of Fintech to rural areas will lead to economic growth in rural areas without a bank. Andreas Antonopoulos said:

What do you think happens when you suddenly are able to turn a simple text-messaging phone in the middle of a rural area in Nigeria, connected to a solar panel, into a bank terminal? Into an international loan-origination system?
A stock market? An IPO engine?
— Andreas Antonopoulos

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