The Bill and Melinda Gates Foundation has partnered with Coil, a startup founded by Ripple's former CTO, to provide payment services for the unbanked.
While it sees potential for distributed ledgers in supporting its mission, the Gates Foundation also notes limitations to the technology.
DLT startup Ripple is one of several firms to contribute to a new payments services app from the Gates Foundation.
CoinDesk speaks to Kosta Peric about the Bill & Melinda Gates Foundation's exploration of the blockchain, financial inclusion and more.