Stellar.org outlines a three-phase strategy to achieve financial inclusion: building the Stellar network infrastructure, establishing anchor partnerships to connect financial institutions, and creating a platform for developers to build financial services for underbanked populations.
Stellar.org published its roadmap to address financial inclusion for 2 billion underbanked or unbanked people globally. The strategy unfolds in three phases: Phase 1 completed the Stellar Consensus Protocol and core network infrastructure by late 2015. Phase 2 focuses on integrating anchors, licensed financial institutions that accept deposits and enable remittances, with Nigeria as a priority market. Phase 3 aims to create a platform where developers and entrepreneurs build innovative financial services like mobile money, remittances, and health savings accounts. The organization emphasizes that achieving financial inclusion requires not just technology but also technical education, financial literacy, and partnerships with NGOs.
