Adama Naomi Aduadjoe
, Digital Financial Inclusion Supervision student; The League of Digital Finance Professionals (awaiting email for acceptance ) l, Sierra Leone
12 February 2022
With the emergence of Codid-19 pandemic, it has become obvious that digital finance is the future because it has made access to funds easier by reaching businesses with emergency liquidity at reduced costs and thus helping to improve the economy of developing countries. There are still a lot of challenges of understanding digital financial services I we are to gain financial inclusion because of the lack of skills, knowledge and IT infrastructure in developing countries but I still believe that if these challenges are resolved or managed well, then it is possible that digital currencies will soon be the next revolution to financial inclusion.
With the emergence of Codid-19 pandemic, it has become obvious that digital finance is the future because it has made access to funds easier by reaching businesses with emergency liquidity at reduced costs and thus helping to improve the economy of developing countries. There are still a lot of challenges of understanding digital financial services I we are to gain financial inclusion because of the lack of skills, knowledge and IT infrastructure in developing countries but I still believe that if these challenges are resolved or managed well, then it is possible that digital currencies will soon be the next revolution to financial inclusion.