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Developing countries urged to act now to prevent technology exacerbating poverty
Increasing automation in industries risks leaving large numbers unemployed and widening inequality gaps, especially in the global South, the London-based International Institute for Environment and Development (IIED) said in a report.
- Categories
- Technology
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Social-good innovators bet on blockchains to solve big problems
Undaunted by humanity’s past failures to resolve some of history’s thorniest problems, numerous blockchain and cryptocurrency projects — some led by large international agencies, others by tiny startups – hope to tackle issues like poverty and environmental degradation and spread democracy.
- Categories
- Technology
- Tags
- blockchain
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Responsible Finance: Moving Money from Mattresses to Mobiles
Technology has made it possible for lower-income people living in developing countries to access financial services that were previously beyond their reach. FINCA Impact Finance CEO Andrée Simon says her firm's new smartphone app, SimSim, which recently emerged from its pilot phase and already has 35,000 users, strikes a balance between the personal touch and modern fintech automation.
- Categories
- Finance, Technology
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Piggy looks to build a simple app for first-time investors in India
The principle is still pretty straightforward: build an app to help users easily manage a diverse portfolio of investments that are attractive to the average human and first-time investor.
- Categories
- Investing, Technology
- Region
- South Asia
- Tags
- impact investing
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Microsoft is using AI to track down health problems in India
Redmond is teaming up with the state of Telangana in India where the company will be using its artificial intelligence technology to provide healthcare for children with eye problems.
- Categories
- Health Care, Technology
- Region
- South Asia
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Dell EMC eyes Jan Dhan, Aadhaar and mobile to increase market share
We have both on-premise as well as cloud solutions to offer our clients. Our solutions have embedded artificial intelligence which helps the software in learning from user behaviour and adapt to evolving requirements, says Rajesh Janey, president & MD, India Enterprise, Dell EMC.
- Categories
- Technology
- Region
- South Asia
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An ad-supported internet isn’t going to be sustainable in emerging markets
As billions more digital citizens connect this decade, a critical question arises: Does the internet’s current business model work in newly-connected regions?
- Categories
- Technology
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Steep fees call into question bitcoin’s promise for the underbanked
Abra set out in 2014 to make mobile money movement cheap and fast worldwide, using the bitcoin network as rails. But lately the fees for transferring value on that network have risen, creating a predicament for the startup: charge more for sending funds with its mobile app, or eat the fees.
- Categories
- Technology
- Tags
- fintech
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