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How this social entrepreneur is bringing banks to the fingertips of the unbanked
Humaniq was launched in 2016 with a vision to build a world where the unbanked and underbanked around the world also have access to the banking and financial transactions. An estimated 2 billion people can be brought under the umbrella of financial inclusion with Humaniq’s services.
- Categories
- Entrepreneurship, Financial Inclusion, Technology
- Region
- North America
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Start Network tests blockchain technology for foreign aid distribution
Start Network, a global network of 42 international NGOs including Oxfam and Save the Children, has partnered with social enterprise start-up Disberse to test blockchain technology in the distribution of foreign aid.
- 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
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How Blockchains Could Revolutionize International Aid
It’s this sort of problem–a lack of traceability in aid–that encouraged Thompson to develop a system to transfer and track international development payments. AID:Tech is one of several startups working with blockchain technology, trying to ensure more funds go where they’re supposed to go. “Transparency is really needed in aid and welfare payments because there’s not a functioning system that works globally,” he says.
- Categories
- Financial Inclusion, Technology
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The Distributed Economy: Four Ways Blockchain Can Transform MSMEs in Emerging Markets
Micro, small and medium enterprises are the largest employers in many developing countries, but their growth is limited by a lack of access to savings, insurance, credit equity and payments services. Traditional companies aren't stepping up to solve the problem, but blockchain can help. Here are four ways this new type of data application can further MSME growth.
- Categories
- Entrepreneurship, Financial Inclusion, Technology
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FICCI Report Explores Promises and Challenges of FinTech in India
The Federation of Indian Chambers of Commerce and Industry (FICCI) published a new report in January called “Leveraging the FinTech Opportunities in India” to highlight a number of topics, including digital payments, digital banking, blockchain, and online lending, to name a few.
- Categories
- Financial Inclusion, Technology
- Region
- South Asia
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Healthcare organizations to set pace for blockchain adoption in 2017 – IBM Institute for Business Value
In a new survey, IBM Institute for Business Value has found that healthcare organizations are moving fast in the sphere of blockchain adoption, seemingly faster than the financial industry.
- Categories
- Health Care
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Stellar Partners ICICI Bank, Enables Blockchain Money Transfers in India, Africa and Philippines
Stellar, the open blockchain platform and non-profit payment protocol has unveiled a slew of new partners including, notably, India’s largest private bank by consolidated assets ICICI, to bring low-cost, near instantaneous remittance solutions in India, the Philippines, Africa and Europe.
- Categories
- Financial Inclusion, Technology
- Tags
- blockchain, fintech, mobile money, remittances
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