Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?
I don't think so, blockchain technology can't put an end to these problems. Blockchain technology has been here for almost a decade and it does not affect the poorest of the people in the world. This technology had only made the rich, richer the way i see it. They all have the resources to manipulate things they want.
It will not. Some will still be poor, some will end up rich and the rich will still get richer.
What blockchain technology will do is to bring some advancement, cut out the third party stuffs, and probably help some people who are smart to find a way to adapt the technology like some companies are now doing, which I believe will help change some things but when it comes to government rule, centralization will still be the norm of the day whether blockchain is adopted or not, and we all know what that means and the only way is for each individual to break out from those shackles by themselves.