peric in A Sentence

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    The Bill Melinda Gates Foundation Peric.

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    Peric has said that the key to jumpstarting financial inclusion isn't simply a matter of throwing money at an idea or providing support for a particular project.

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    Citing feedback from individuals in some of the countries that Foundation works in, Peric says that bitcoin can't quite meet the needs of those regional because people in those countries are accustomed to using local currency.

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    As deputy director of the Financial Services for the Poor initiative for the Bill & Melinda Gates Foundation, Peric is the forefront of the organization's efforts to build what he calls a digital financial system that, if successful, would connect everyone to financial services.

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    As part of its broad research efforts, the Foundation has looked closely at how blockchain technology can be implemented to make such networks fast, simple and secure- characteristics that Peric said would align it with existing money systems like M-Pesa in Kenya and bKash in Bangladesh.

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    With Mojaloop, our technology partners have finally achieved a solution that can apply to any service, and we invite banks and the payments industry to explore and test this tool,” Kosta Peric, the foundation's deputy director of financial Services for the poor, said in a statement.

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    With Mojaloop, our technology partners have finally achieved a solution that can apply to any service, and we invite banks and the payments industry to explore and test this tool,” Kosta Peric, Deputy Director of Financial Services for the Poor, at the Gates Foundation, said in a statement.

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