Stellar Lumens (XLM) Denelle Dixon on sustainable use cases to Connect Communities to Financial ServicesAugust 7, 2020
Financial inclusion should be made affordable and accessible to all individuals and businesses irrespective of their personal net worth or company size. Financial institutions should cater to deposits, fund transfer services, loans, insurance, and payment services for economic prices. This is important to remove the barriers which will prevent people from using financial services. Digital transactions are making financial inclusion easier.
Stellar tweeted: “Creating equitable access to global financial infrastructure has always been our top priority at SDF. CEO @DenelleDixon explores how fostering sustainable use cases on the Stellar Network will connect communities to the financial services they need most.”
Peer-to-peer lending is common in developing countries where people do not have bank financing. Those who do not have financial history look to social lending. There are many who are still unbanked too.
Stellar Network is an open, decentralized, fast, scalable and uniquely sustainable network meant for financial products. It serves as a cross-currency transaction system facilitating a platform for digital asset issuance.
Since, Stellar is made for payments and asset issuance, it is possible for developers and financial systems to work on the Stellar Platform.
In this regard, Sydney Ifergan, the crypto expert tweeted: “There is no denying that Stellar has been consistently focusing on ensuring usability. They already have enough users and use cases to keep going.”
Denelle recently expressed that their network has a very healthy growth in terms of their users. She stated that there are nearly 4.5 million accounts during the second quarter. She also stated that the total number of payments from these accounts is 40%. She also stated that they are very happy with the decentralization of the network.
Stellar Lumens (XLM) Voting Alerts for Round 5s Top 3
The voting alerts for the community fund continues in the Stellar Community.
Tyler Van Der Hoeven tweeted: “Only a few days left to let your voice be heard on which are the top three projects of this final round of the @StellarOrg #SCF! If you haven’t voted yet be sure and head over to https://stellarcommunity.fund and check out the entries and cast your vote for round 5s top 3!”
Meanwhile DSTOQ takes off in more than 100 countries, this making investment affordable and accessible. Investment in Trade, Stocks, Bonds and ETFs with Zero Fees now and Forever more.
Stellar continues to connect the world with instant payments and improved partnerships. More of exciting developments happening in the network.