In Argentina and across Latin America, local currencies collapse and trap people in poverty. Rather than pushing risky investment platforms, this talk argues for giving banks and credit unions modern technology to protect deposits. The founder of Skyblue Analytics shares why he built a tool for institutions instead.
Chapters
The problem with Latin America is basically our currencies are really bad. You know about Argentina, if you save in Argentinian pesos, even despite the fact that you do everything great, you are going to fail and you are not going to get out of poverty. There are different ways of democratizing and making people free economically. The way that we want to do is basically to provide this technology to the institution that they already are saving and that they are already working. We are not asking them, hey, take your money to another B2C company that you don't rely on it. Because that happened to me. I got financially, you know, scammed because of that. And in Latin America, that happens a lot. I created Skyblue Analytics actually at the end of part of the pandemic. I was with my friend and, hey, analytics is something that you do and it's something that you, that, you know, it's your core business. You should put something in front of analytics. And I say, okay, Skyblue.