2 ms·
sounds like the exact opposite of crypto
by fnord77 3y ago
sounds like the exact opposite of crypto
- alephnerd 3y agoYep, and it's actually useful for unbanked people. It's essentially a digitized version of Postal Saving Systems [0] that were traditionally common in Central and Eastern Europe. Tbf, a lot of the thought leadership done to design UPI+IndiaStack was done by people with an actual background in Developmental Economics+Banking at JPAL (MIT+Harvard), FSI (Stanford), and BFI (UChicago). A lot of Policy Advising in India+China+ASEAN is done by alumni of those 3 programs. [0] - https://en.m.wikipedia.org/wiki/Postal_savings_system https://en.m.wikipedia.org/wiki/Postal_savings_system