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Alex Gray — Finland has created a digital money system for refugees

Summary:
MONI has developed a prepaid debit card that circumvents the need for a bank account or identity papers. The card is linked to a unique digital identity stored on a blockchain – the same technology that underpins Bitcoin and other digital currencies.Two years ago, MONI partnered with the Finnish government to provide refugees with their monthly allowance, which until then had been paid in cash.... World Economic ForumFinland has created a digital money system for refugees Alex Gray

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MONI has developed a prepaid debit card that circumvents the need for a bank account or identity papers. The card is linked to a unique digital identity stored on a blockchain – the same technology that underpins Bitcoin and other digital currencies.

Two years ago, MONI partnered with the Finnish government to provide refugees with their monthly allowance, which until then had been paid in cash....
World Economic Forum
Finland has created a digital money system for refugees
Alex Gray
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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