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 dont think, that Blockchain can solve the global problem of poverty, because it is not so easy. It depends on us, if we would not help and share with those people, not any blockchain will help us.
I dont know about the basic problems but I am sure that blockchain technology will help people to solve their financial problems. It is a fact that it is not easy but with the passage of time when people know the use of blockchain technology, they will create ease for themselves. The future is that of blockchain technology and the people will use it like cellular phones.