The Impact of Crypto Currencies on Developing Countries


Introduction to crypto currencies

General advantages and disadvantages of crypto currencies

Developing countries and poverty

Opportunities through crypto currencies in developing countries

Figure 1: Internet user penetration rate of population in 2017 and 2025, by region


Crypto currencies and local fiat currencies

Figure 2: Comparison of different types of money, Source: Own illustration

Crypto currencies in developing counties

Improvement of financial inclusion in developing countries

Figure 3: Requirements and possibilities of crypto currencies, Source: Own illustration

Limitations and further potential areas of crypto currencies



  • Blockchain knowledge: We wrote a Medium article on how to acquire the necessary blockchain knowledge within a workload of 10 working days.
  • Our two blockchain books: We have edited two books on how blockchain will change our society (Amazon link) in general and the everything related to finance (Amazon link) in particular. Both books are available in print and for Kindle — currently in German and soon in English. The authors have been more than 20 well-known blockchain experts in startups, corporations and the government from Germany, Austria, Switzerland and Liechtenstein — all contributing their expertise to these two books.
Our two books: the first one on blockchain and the society and the second one on blockchain and finance



Appendix A: List of developing countries by region
Appendix B: List of interviewees





Professor | Lecturer | Author | Investor | Frankfurt School Blockchain Center

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Philipp Sandner

Philipp Sandner

Professor | Lecturer | Author | Investor | Frankfurt School Blockchain Center

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