How Crypto Is Transforming Tomorrow In Emerging Markets With Ken Kou From mercy corps ventures
Episode 010 Overview:
In this episode, Jarrett Carpenter welcomes Ken Kou from Mercy Corps Ventures to discuss the evolution of the Crypto for Good Fund and its impact on emerging markets. They explore how blockchain technology enhances financial inclusion in regions like Africa, Asia, and Latin America, including real-world applications such as a savings product for unbanked individuals in Cameroon.
The conversation delves into anticipatory action in humanitarian aid, the role of smart contracts, and the implications of tokenization for global financial access. They address wealth inequality, the future of crypto investment in emerging markets, and the importance of long-term thinking in the sector.
Ken also explains decentralized physical infrastructure (D-PIN) and its role in humanitarian efforts like water access projects. The discussion highlights the growth of crypto in aid delivery, challenges in converting crypto to fiat, and the importance of user experience in crypto applications. Kou emphasizes that nonprofits should prioritize solving problems over focusing on technology, advocating for a user-friendly approach to crypto adoption.