# Unbanked

`kaal:entity:unbanked`

**Status.** derived

This node is assembled mechanically from the 8 claims that carry the concept tag `unbanked`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

8 claims across 4 works, 2018 to 2024.

**2018**

- [3128900-011](https://wulfkaal.github.io/claims/3128900-011) [empirical/evidenced] -- Roughly 38 percent of the labor pool is unbanked but skilled, and this group has no access to centralized micro task marketplaces.
  > Most importantly, the circa 38% of the labor pool that is unbanked but skilled does not currently have access to the centralized micro task marketplaces.
  Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900
- [3128900-012](https://wulfkaal.github.io/claims/3128900-012) [condition/argued] *(failure mode)* -- A bank account is a necessary condition for participation in the existing centralized micro task marketplace: without one, a worker can neither contribute nor profit.
  > Without a bank account, workers cannot contribute and profit from the existing centralized micro task marketplace.
  Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900
- [3128900-020](https://wulfkaal.github.io/claims/3128900-020) [predictive/argued] -- Because platform access requires only an internet connection rather than a bank account, the decentralized design expands the micro task labor pool by up to 40 percent, including the unbanked.
  > The Semada Platform GUI gives access to anyone with an internet connection, including the unbanked. Thus, expanding the micro task labor pool by up to 40%.
  Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900
- [3128900-041](https://wulfkaal.github.io/claims/3128900-041) [condition/argued] -- Because holding and storing the platform's tokens requires no banking relationship, internet access is the only requirement for a micro task worker to earn a living on the platform.
  > Holding and storing Semada tokens does not necessitate a banking relationship. All that is needed for a micro task worker to earn a living on the Semada Platform is access to the Internet.
  Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900

**2019**

- [3396522-016](https://wulfkaal.github.io/claims/3396522-016) [design/argued] -- Because cryptocurrency transactions are possible without a banking relationship, stable cryptocurrencies can remedy the disproportionate burden that cash economies impose on the poor and the unbanked by equalizing access to the payment system.
  > Access to cryptocurrency transactions is possible without a banking relationship. With equality of payment system access, the poor and unbanked are no longer disadvantaged through the use of cash.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522

**2020**

- [3606663-024](https://wulfkaal.github.io/claims/3606663-024) [mechanism/argued] -- DeFi platforms grant the unbanked access to the loan market by disintermediating existing banks, connecting borrowers and lenders directly in peer to peer networks and accepting digital assets as collateral with far less documentation than banks require.
  > DeFi platforms grant the unbanked access to the loan market by disintermediating existing banks. DeFi Dapps connect borrowers and lenders in peer-to-peer networks directly.
  Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

**2024**

- [4734750-035](https://wulfkaal.github.io/claims/4734750-035) [failure/evidenced] *(failure mode)* -- Roughly 38 percent of the labor pool is unbanked but skilled and is therefore excluded from centralized micro task marketplaces, because without a bank account workers cannot contribute to or profit from those platforms.
  > the circa 38% of the labor pool that is unbanked but skilled does not currently have access to the centralized micro task marketplaces
  Wulf A. Kaal, Code Review DAO (2024). SSRN: https://ssrn.com/abstract=4734750
- [4734750-038](https://wulfkaal.github.io/claims/4734750-038) [condition/argued] -- Because payment runs entirely through crypto transactions and reputation tokens rather than bank transfers, the only thing a micro task worker needs to earn a living on the platform is access to the internet.
  > All that is needed for a micro task worker to earn a living on the CRDAO is access to the Internet.
  Wulf A. Kaal, Code Review DAO (2024). SSRN: https://ssrn.com/abstract=4734750

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/unbanked.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.