Web3 for Kids
The Internet of Money · 1/2

Sending money used to be slow

Imagine you want to send your cousin in another country $5 for their birthday. Normally that goes through banks, and banks can take days and often charge fees just to move a little bit of money.

With blockchain, you can send money directly to your cousin's phone in minutes, anywhere in the world, without a bank in the middle slowing things down.