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IBM to Tackle Ocean Plastic and Global Poverty with Blockchain Technology
IBM aired a TV Commercial during an NFL match on September 17, 2018, called Plastic Bank, a new initiative which aims to tackle ocean plastic and global poverty with blockchain technology. The Plastic Bank is backed by IBM Technology which uses the LinuxOne blockchain to encourage entrepreneurs from the world’s most impoverished communities to clean up plastic in exchange for digital credits.
- Categories
- Environment, Technology
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The Blockchain Experiments Have Begun: Here’s What They Could Yield for Business and Development
The buzz around blockchain is loud. But despite the widespread attention the tech has generated, it has yet to live up to its potential to make a major impact in low- and middle-income countries, according to Akhtar Badshah of Catalytic Innovators Group. Badshah profiles blockchain success stories from the for-profit, social enterprise and development sectors alike, arguing that if more organizations would give the tech a chance, they (and their beneficiaries) could tap into its great potential.
- Categories
- Technology
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Former Deutsche and Santander execs set up emerging markets blockchain venture
Banks no longer have to form consortia in order to get things done on the blockchain, according to former Deutsche executive.
- Categories
- Technology
- Tags
- blockchain
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The battle for Africa: Can Cardano (ADA) Overpower the World’s First Mobile Money Payment System?
The blockchain is perfectly poised to take over developing markets in Africa, Central Asia, South America and other developing areas as the Cardano blockchain offers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Fighting ‘Tech Complacency’ in Social Enterprise: Why it’s Time to Embrace Blockchain
All around us, Fortune 500 firms and VCs are embracing disruptive innovation – so why aren't more social entrepreneurs following suit? Gautam Ivatury, founder and CEO of LendLedger, says the time has come for the social sector to take some risks and get out of its comfort zone – instead of simply waiting for technologies to filter down to its target beneficiaries. With blockchain, he says, social entrepreneurs "can redraw how industries work, not just create the latest in an endless series of mission-driven service providers."
- Categories
- Finance, Social Enterprise, Technology
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Regulatory Sandbox: What it Could Mean for Kenya
This comes at a time when the country is experiencing a growth in mobile lending, cryptocurrency use, and recommendations to apply blockchain technology in various sectors.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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World Bank, Commonwealth Bank team up on blockchain sustainable development project
The World Bank has chosen the Commonwealth Bank of Australia to help organize a new Ethereum blockchain bond denominated in Australian dollars. The bond is projected to raise between $50-$100 million, and proceeds will go towards sustainable development initiatives.
- Categories
- Finance
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New Blockchain Mobile Wallet Launched in Africa
Kora, the largest blockchain project out of Africa, has launched a new wallet that aims to provide access to low cost financial services to populations that have historically had little to no access to them.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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