Presented at the DeFi Meetup, 30th August 2019, Ocean Financial Centre, Singapore

1. Financial Inclusion:
Cryptocurrency For
The Unbanked
Presented by Soh Wan Wei
Founder of IKIGUIDE
30th August 2019, Women in Blockchain

2. 2
Hello!
I am Wan Wei
I am here because I feel
strongly about financial
inclusion.
You can find me at
@onewayww

3. 1.
What Is Financial
Inclusion?

4. “Financial inclusion is the
pursuit of making financial
services accessible at affordable
costs to all individuals and
businesses, regardless of net
worth and size.
4

5. Examples of Financial
Services ✓ Banking
✓ Insurance
✓ Mutual Funds
✓ Payment Processing Companies
✓ Housing Financing Companies
✓ Stock broking services
✓ Investment Banking
5

6. 6
1,700,000,000+
…adults globally do not have a bank account.

10. Why Are
1.7Billion++
People
Unbanked?

11. Barriers To Entry
✓ “Know-Your-
Customer” (KYC)
Lack of citizenship,
documentation,
credentials, etc.
✓ Location
Nearest financial
institution is too far
away.
✓ Wealth
Insufficient entry-
level funds required
to access and
maintain financial
services
11

12. 2.
How Blockchain Tech
Contributes to
Financial Inclusion

13. A Relatively New Phenomenon:
Decentralized Finance (DeFi)
13
✓ Decentralized finance describes a new non-
centralised financial system that is built on public
blockchains like Bitcoin and Ethereum.
✓ Bitcoin and Ethereum are examples of foundational
open source networks that could be used to change
how the global economy works.
✓ In DeFi, the unbanked will have access to apps that
use public blockchains to participate in new open
global markets.

14. How to Participate in DeFi
14
✓ With a smartphone + internet connection, anyone
can start using e.g. Bitcoin to store, send and receive
money.
✓ Not only is DeFi fast and cheap, it is also more secure
than mobile banking.
✓ Average global remittance fees is 7%. Via DeFi,
these fees could be below 3%.
✓ Public blockchains can interact with traditional
financial system to create new hybrid models.

15. The Perfect Storm
✓ 3.9 billion internet
users by the end of
2018– Perfect
breeding ground
for “internet
money”.
✓ 2 out of 3 in the
unbanked
population have
smartphones.
✓ Financial
institutions are
turning to digital
assets and assets-
backed securities
using blockchain
technology
15

16. 16
Interstellar
Let’s Look At A Case Study!

17. Demo of Interstellar App
17
How the unbanked
can participate/ be included
In the global financial systems.

18. Download the Interstellar App
18
(Android) (iOS)

19. Interstellar’s
Applications
Banks
Remittance
Tokenizing Assets
Centralized Exchanges
Loyalty Points
Gaming
1
2
3
4 Charity and Humanitarian Relief

20. #1. Remittance
Current Situation
Many individuals are unable to afford the exorbitant money
transfer rates (average 7%) in the current remittance market
place.
The Interstellar Solution
✓ Remittances sent to Nigeria are automatically deposited into
any Nigerian bank account in <10 seconds.
✓ Remittances sent to Cameroon are forwarded to the end user
using mobile money and telecom operators like Orange or MTN.
✓ Sometimes, Interstellar’s FX markets partners can even give
users better exchange rates which absorbs their transaction
fees.

21. #2. Tokenizing Assets
Current Situation
It is often intimidating for people without technical
background to issue or manage their digital assets
securely.
The Interstellar Solution
The Interstellar platform allowed the Diruna
Community in Indonesia (https://diruna.org/) to
rapidly issue and distribute their own tokens to
over one million wallet account holders.

22. #3. Loyalty Points
Current Situation
Very often, loyalty points can only be used within one ecosystem,
thereby limiting its liquidity and value.
The Interstellar Solution
One adopter of the Interstellar Technology Platform since May
2019 is Forest One, Malaysia’s largest loyalty Program.
With Interstellar’s Pathfinder function, loyalty points can now be
easily and instantly converted into other digital assets including
Bitcoin, Ethereum or stable coins.

23. #4. Humanitarian Relief
Current Situation
Charities and humanitarian organizations have issues with
accountability, transparency and audits during fund-raising.
The Interstellar Solution
GiveDirect (www.givedirect.io) is the first blockchain company to
provide aid and relief globally and exclusively via Interstellar to
thousands of people.
The Interstellar swap feature has always enabled them to convert
between fiat and digital assets donated to their organization.

24. The Future of Asset Digitalization
In the future, Interstellar will also store important
digital documents such as
✓insurance details;
✓Inheritance; and
✓Property rights.
The Interstellar Technology can make all these
functions easily accessible to the underbanked/
unbanked.

25. Recent Milestones
The Interstellar app is
released on the Apple iOS
Appstore on January 17th,
2019, after a 6 months
intensive review process.
Apple and Google Play Store Interstellar sets foot in Singapore Global Partners join the alliance
Interstellar Innovation Pte Ltd is
incorporated in Singapore as the
new and official entity to fully
commercialise and scale the
interstellar wallet and SDEX app
with strategic partners.
Bitbond, the World’s first global
blockchain lending platform selects
Interstellar as its official wallet app in
their STO lightpaper and prospectus.
Forest One, Malaysia’s largest loyalty
program, also selects Interstellar as the
technology platform to use for their
ForestOne coin.

26. Incoming Traction
Several projects are currently in
discussion with the team to list their
token on Interstellar.
Tokenization PoC for Bank Scouts
A large global bank is discussing
a proof of concept (PoC) with
Interstellar.
A PoC is made for the Indonesian
Government, involving 54 million
people and valued at USD2.4million.
Mexico’s largest payment
Saldo.mx to be a fiat anchor.
A Gateway into Mexico Philippines Anchor Access to Africa
Tagcash which is integrated
with 7-11 has formally asked to
be anchored to Interstellar.
Discussions with banks to be possible
anchors and for Interstellar to be the
leading digital asset platform for Africa.

27. 27
Thanks!
Any questions?
You can find me at
@onewayww &
wanwei@ikiguide.com