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Tag: Unbanked

Smart Contracts on Stellar Network Unlock DeFi for the Unbanked

Smart Contracts on Stellar Network Unlock DeFi for the Unbanked

Empowering Financial Inclusion with Stellar's Soroban The digital world is witnessing a revolution aimed at making financial services accessible to everyone, everywhere The Stellar network, a ten-year-old project, has transitioned from focusing solely on cross-border payments to introducing a cutting-edge feature that could change the financial landscape: the Soroban smart contract platform Soroban marks a significant leap forward for Stellar, launched as part of its Protocol 20 update It brings to the table the functionality of smart contracts, which are essentially self-executing contracts with the terms of the agreement directly written into lines of code This addition is not just an upgrade; it's a potential game-changer for millions of people around the globe...

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