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Is Blockchain Revolutionising Emerging Markets Through Mobile Payments?

Key Takeaways:

  • BLOCK 30, a San Diego-based startup, is revolutionising emerging markets through blockchain technology and mobile payments.
  • Products such as BLOCK 30 Marketplace and BLOCK 30 Pay mobile app provide seamless transaction options to customers in over 100 countries.
  • Recipient of “Startup of the Year” at the 2019 World Blockchain Summit, BLOCK 30 has gained significant recognition in the fintech space.
  • With the success of blockchain technology in modern fintech, BLOCK 30 and companies alike forecast a hugely transformative future for the industry

Founded by Brian Foote and Jeffrey Hinshaw, BLOCK 30 is a revolutionary startup focusing on financial services. Headquartered in San Diego, California, the company has gradually taken a strong foothold in the finance, financial services and fintech industries. Operating in the intricacies of blockchain technology, BLOCK 30 is dedicated to simplifying mobile payments, especially in emerging markets where traditional banking systems have presented numerous challenges.

Their comprehensive range of products includes the BLOCK 30 Marketplace – an online venue for authentic, verified goods, and the crowning jewel, the BLOCK 30 Pay mobile app. The latter is a demanding innovation that allows money transfers as simple as sending a text message, serving over 100 countries and catering to 30 major currencies.

BLOCK 30 scored a significant win at the 2019 World Blockchain Summit, bagging the “Startup of the Year” award, which served as global recognition of their innovative financial solutions. The startup differentiates itself with its deep understanding of the interface between technology and finance. Its strategy of leveraging blockchain technology to create secure, easy-to-use mobile payment systems for the financially underserved combines problem-solving and innovation to meet current market demand.

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What further sets BLOCK 30 apart is that it goes beyond just financial technology. Through its partnership with the United Nations, the company has highlighted its commitment to the UN’s 2030 Agenda for sustainable development – integrating social good with technological advancement, thereby positioning itself as a forward-thinking player in the global fintech landscape.

Looking at the trajectory of BLOCK 30, it’s apparent that the startup is disrupting the traditional financial ecosystem while creating a significant social impact. With developing and emerging economies increasingly embracing digitisation, the role of blockchain technology and mobile payments in the financial sector is poised to grow exponentially.

The future of BLOCK 30 looks promising. As they persist with their forward-thinking approach and commitment to delivering simplified, secure and user-friendly financial solutions on the blockchain, they continue to lead the charge towards a more inclusive and sustainable financial landscape. For more information, visit their website and learn more about BLOCK 30’s mission and approach on their social platforms: LinkedIn.

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