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Alibaba’s Ant Financial Just Launched a Blockchain-based Remittance Service
Ant Financial, Alibaba’s $150 billion financial affiliate, launched a blockchain-based service that lets Hong Kong’s large Filipino working population send funds to family back home quickly and securely.
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- Finance
- Region
- Asia Pacific
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Ant Financial taps blockchain technology to offer cheaper international money transfers
Ant Financial Services has taken a step towards dramatically lowering the cost of sending money overseas, in a move that will help the hundreds of thousands of Filipinos working in Hong Kong.
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- Finance
- Region
- Asia Pacific
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Press release: SmartPesa announces ICO for new Blockchain solution that provides secure credit scoring data for SMEs
Accounting for 90% of companies, SMEs in emerging markets act as key drivers of economic development and generate nine out of 10 jobs. But 40% of these companies lack access to credit, creating an annual funding gap of $5.2 trillion. SmartPesa Credible is built using Blockchain technology to provide credible Know Your Customer (KYC) information, self-declared business data and cash flow statistics on a transparent, distributed and auditable platform.
- Categories
- Finance
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Blockchain international aid player Aid:Tech raises €1m
Dublin-based start-up Aid:Tech revolutionises how governments, enterprises and NGOs deliver aid to refugee camps.
- Categories
- Technology
- Tags
- blockchain, refugees
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Viewpoint: Blockchain: A Solution in Search of a Problem?
The question we have is not “Does blockchain work?” but "Does it work better than other technology solutions in the market?"
- Categories
- Finance, Technology
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IBM’s Microfinance Blockchain in Kenya Tests the Viability of Hyperledger
IBM is back supporting a microfinance project using a Hyperledger blockchain to help administer small loans at low interest to food sellers in Kenya.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, microfinance
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A New Cryptocurrency For Social Entrepreneurs That’s All About Collaboration
The aim is to reward and encourage collaboration among members, who are located in 21 countries. “We think it’s going to help free up time and space for members to support each other and collaborate more,” says CEO Mark Eckhardt.
- Categories
- Finance, Technology
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Blockchain For Social Good Hype Requires ‘Recalibration,’ Ex-Treasury Official Argues
Whether it’s solving climate change, curing poverty or bringing financial inclusion and digital identities to billions - no problem is so great that it can’t be tamed by the blockchain, the narrative goes.
- Categories
- Technology
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