Blockchain for a world without banks

Blockchain is favoring the transition to a financial ecosystem in which banks are disappearing and cash is less and less used. Technology can bring benefits especially in the developing world and in small to middle-income countries, where regulated financial services are limited.
Maxine Ryan (South China Morning Post) explains that governments are passing laws aimed at limiting cash but cash is still the go-to option for many, with 76 per cent of total cash money transfers going to developing countries.