The World Bank describes Financial inclusion as individuals and businesses having access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way. Why is it important? Having access to and the knowledge on how to use these services is a critical step in closing the poverty gap. According to the latest Findex data 1.7 billion – are still unbanked. This means it's harder or impossible for these individuals to carry out basic financial tasks such as receiving pay, sending money to loved ones, keeping savings safe, paying bills or being eligible for mortgages or loans. However, most of these individuals who lack access to formal financial services, do have access to mobile phones. In just the last few years, nearly 900 million new customers have registered “mobile money” accounts. Anyone can open a crypto wallet with just a smartphone. Therefore, cryptocurrencies have the potential to level the playing field by offering financial solutions irrespective of nationalities, gender and social-economic status. As well as tackling issues often experienced by exploited people at the lower end of the poverty ladder, such as high remittance rights, corruption and costly ‘middle men.’