ABSTRACT

Today, 50% of women around the world do not have access to bank accounts or financial services. Digital currencies and blockchain technology, coupled with the proliferation and spread of smart phones, are making it possible to provide banking services, credit products, investment opportunities, and a whole suite of solutions to women and other underserved groups across the world either through business-to-business, business-to-consumer, or peer-to-peer. Women’s entrepreneurship is, and will continue to be, a leading force for socio-economic development for the new world we’re growing into, a world defined by our ability to collaborate and work together. Women need to attain the majority of wealth generated in the coming decades in order to adequately gain control of 30% of the world’s resources. To accomplish this, they need to become immersed in extremely fast-growing sectors. The digitization of economies and societies is another exponentially expanding area with wealth-creating opportunities that female entrepreneurs should pursue.