Blockchain technology is being used to empower women in developing economies, particularly in Kenya, Rwanda, Honduras, and India. Tokenization on the blockchain has enabled monetization of assets like houses, antiques, and farms in Kenyan villages, offering new avenues for credit.
In Rwanda, blockchain technology has brought better traceability to the coffee supply chain, increasing income and empowering female farmers who work extensively on coffee plantations.
In Honduras, where clear property rights and improved property governance are needed, blockchain is being used to solve property rights issues. Proving land ownership is crucial for those whose livelihoods depend on farming and cattle.
Blockchain is also creating new career opportunities for women in India, where they are actively joining the decentralized web world as creators, builders, influencers, founders, developers, and more.
Overall, blockchain technology is helping to empower women in developing economies by enabling financial access, improving supply chain traceability, safeguarding property rights, and creating new job opportunities.
Blockchain Technology Empowers Women
