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Telcoin wants to bring cryptocoins to the ‘unbanked’
There were more than 900 cryptocurrencies floating around the planet midway through the year, with a jumble of serious and weird names (InsaneCoin. Cabbage. VGINA). And now here’s another one: Telcoin.
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- Inclusive Fintech, Technology
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Africa a guinea pig for the feasibility of digital payment systems
The term “leapfrog” is popular among Africa tech analysts, who point to how the continent embraced mobile phones at a time when few African countries had a properly developed fixed-line network.
- Categories
- Inclusive Fintech, Technology
- Region
- Sub-Saharan Africa
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Can Digital Credit Outperform Microcredit in the Developing World?
Microfinance has been hailed as a transformative force for poor households and entrepreneurs in emerging markets. But recent evidence suggests it is not the silver bullet it was once thought to be. Meanwhile, mobile phones have become ubiquitous in most developing countries, and Alexandra Wall, Natasha Beale and Carson Christiano explore whether digital credit can do a better job than microcredit in meeting the needs of the underserved.
- Categories
- Impact Assessment, Investing
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On Bitcoin, India’s Government And Tech Companies Find Common Ground
Clearly, despite some initial reservations, the Indian government is keen on understanding how Bitcoin works and is willing to deploy resources to build frameworks.
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- Technology
- Region
- South Asia
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U.N. glimpses into blockchain future with eye scan payments for refugees
Iris recognition devices at the checkouts of the camp's supermarket authenticate customers' identities and deduct what they spend from sums they receive as aid from the World Food Program (WFP).
- Categories
- Technology
- Region
- North Africa & Near East
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I’m a Victim of DFS: Digitizing My Dollars is Fine, the Problem is Digitizing Me
The whole framework for digital money is inadequate, says Ignacio Mas, because people don't have a proper digital identity. That's partly due to governments and financial institutions having different needs. He recommends dividing identity rules into two: one set that serves financial integrity and law enforcement needs, and another that fulfills the bank's fiduciary duty toward customers.
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- Uncategorized
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Omise to raise $19M in first cryptocurrency sale from a major VC-backed startup
Kik has raised over $120 million from investors to date and it claims 300 million registered users, making it the most established company to throw its hat in the ICO ring thus far, but it is about to be beaten to the punch by Omise, a Thailand-based company that provides Stripe-like payment features in Japan and Southeast Asia.
- Categories
- Technology
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This Is How Cryptocurrencies & Blockchain Could Solve Asia’s Financial Inclusion Issue
In 2016, staff members within the International Monetary Fund (IMF) suggested that virtual currencies could promote financial inclusion. The IMF issued the standard cautions about how virtual currencies (VCs) might be used for money laundering, terrorism and other nefarious purposes. But it also wrote that, “VCs offer many potential benefits, including greater speed and efficiency in making payments and transfer--particularly across borders--and ultimately promoting financial inclusion.”
- Categories
- Technology
- Region
- South Asia
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