Wednesday, August 16, 2017

Afghan Entrepreneur Empowers Women Through Bitcoin

Afghan Entrepreneur Empowers Women Through Bitcoin

Afghan entrepreneur, Roya Mahboob, announced her intention to organize a conference for bitcoin in Afghanistan to showcase projects developed by female Afghan entrepreneurs. The CEO and co-founder of Digital Citizen Fund has worked tirelessly for women’s financial empowerment in Afghanistan, being deemed one of the 100 most influential people in the world by Time magazine in 2013.


Roya Mahboob is the CEO and co-founder of Digital Citizen Fund, a nonprofit that has enrolled 9,000 Afghan women and girls in education programs and that plans to organize a conference for bitcoin in Afghanistan. Speaking recently with International Business Times, Mahboob states that the Digital Citizen Fund has “helped 100 women start their own businesses. The next step is we are going to have a bitcoin conference in Afghanistan so we can showcase their projects.”


Mahboob foresees blockchain technology having profound applications in Afghanistan outside of comprising a vehicle for financial autonomy. Blockchain-based smart contracts provide an excellent solution to problems of contracts being denied or destroyed, an underhanded business practice that Mahboob claims is regularly used against women due to the unlikelihood the victim receiving assistance from authorities. “No one can destroy the records and say we don’t have a contract. That is all important for women with financial independence in developing countries,” Mahboob said. Mahboob also hopes to “develop a blockchain-powered marketplace for women, using smart contracts for insurance and loans,” International Business Times reports.


Full story at http://bit.ly/2uO256f


Source: Bitcoin News


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