Bank You

BanQu is the world’s first non-cryptocurrency blockchain app to help the world’s poorest people establish a verifiable economic identity. By Sarah Murray
Jul 14, 2020 12:00 PM ET
Ugandan barley farmers learn how to use the BanQu blockchain app on mobile phones. (Photo courtesy of Ab Inbev/BanQu)

Originally published by Stanford Social Innovation Review

AB InBev’s technology partner is BanQu, a blockchain software company seeking solutions to extreme poverty. It is doing this in two ways: empowering the world’s poorest people by giving them a verifiable economic identity; and selling a software service to global brands looking to cut supply chain costs, reduce post-harvest loss, and improve their social and environmental performance at a time when more consumers want to buy green and ethical products.

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