Stirring up a revolution in emerging economies using DAOs | Opinion
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The advent of web3, a future-ready iteration of the world wide web powered by the blockchain, seems ready to unlock a seismic shift within the global economic landscape. Furthermore, the trustless, transparent ethos of this new tech paradigm is creating an equitable playing field for all of its participants, one which does not discriminate on the basis of an individual’s geographical location or financial status. For those in the know-how, this revolution has been brewing for some years now, possessing the power to revamp many of yesterday’s archaic economic structures. A new digital reality Developing nations have long since been faced with a wide range of socio-economic problems ranging from a lack of quality digital infrastructure to poor access to everyday fintech services. These seemingly mundane problems have not only im...