TON: the developing world is fertile ground for blockchain-based payment solutions

Tether’s recent memorandum of understanding with Georgia reflects the growing awareness in developing economies of the huge potential of blockchain technology. Georgia’s Deputy Minister of Economy and Sustainable Development, Irakli Nadareishvili, highlighted the benefits of how the agreement will contribute to the development of local blockchain technologies in the country.  Georgia is not alone as an emerging market embracing blockchain technology. The capacity of blockchain-based technologies to deliver (P2P) payment solutions is becoming increasingly recognised across the globe. Countries in Latin America and Africa are developing a host of blockchain-based payment solutions that are increasing levels of financial inclusion and