
Celo: An L1 Focused On Real World Use Cases | Marek Olszewski, Rene Reinsberg
Empire
00:00
The Evolution of PDP Payments in Emerging Markets
There's other protocols that are giving out UBI's universal basic incomes on cello like impact market good dollar and these are also operating in primarily in emerging markets. Impact market is focused heavily on favela communities in Brazil, communities throughout West Africa and even places like Afghanistan after the US withdrawal. So real adversarial environments where it's very difficult to get any sort of payment to someone in a cost effective way. With with cello with the ability to send value really cheaply to anyone using the same rails in every country that they operate you know they're there I think about an order of magnitude more efficient than something like give directly.
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