Sustainable development

Africa- How Bitcoin Is Reducing The Need For Trade financing

Bitcoin -The title of this blog post was  inspired by an article I came across on Global Trade Review (GTR). Elizabeth Rossiello, founder and CEO of BitPesa, tells how the idea of forming the company was born.  BitPesa is solving a number of business problems using digital currency, especially those involving foreign currency issues.  So how does Bitcoin really work?

FinTech– Though ‘Africa and Asia have become hotbeds of payment innovation’, European FinTech entrepreneurs too have a chance to succeed despite the challenges of limited opportunities. How can companies thrive?

Money laundering and the financing of terrorism– An interesting article on the International Monetary Fund (IMF), highlights the importance of fighting corrupt officials, tax fraud, and  most importantly those who engage in financing terrorism. How? Although this includes working with various governments across the globe and working with correspondent banking services, governments too, need to “increasingly harness the power of financial technology. While fintech can be misused—including through the anonymity of virtual currencies—it can also be a powerful tool to strengthen our defenses against terrorist financing.” (Read on)

Mobile Money an innovative solution for “cross-border money remittance service”- Quartz Africa highlights examples about how mobile money is playing a huge role in business transactions, and why the Telekom Industries have no choice but to “capitalize on innovation and the scalable nature of mobile money” (Read on)

The Most Dangerous Jobs In The USA

Some jobs are inherently dangerous. Working with large machinery or unsafe conditions can lead to injury and even death. Employment background check company, EBI, looked into the Bureau of Labor Statistics’ injury and illness reports for all industries in 2015. What they discovered was a collection of industries that have the highest incidence rates – making them some of the most dangerous industries in the US. They also looked into the state by state breakdown to determine the most dangerous states to work as well. You can see the whole study here (Source: Employment background investigation)

 

“Does Donald Trump’s election as United States president mean that globalization is dead, or are reports of the process’ demise greatly exaggerated?”

The title of this post is from Project Syndicate with Barry Eichengreen, a Professor of Economics at the University of California, Berkeley, who wrote an interesting article on the condition of globalization and the world trade growth even without Trump in office- Globalization’s Last Gasp.

So what’s the deal with globalization? Is it here to stay?

I’ve personally come across articles with claims and opinions citing experts about why globalization is said to be dead. Other experts  have a different opinion on the matter. See for example- Globalization is alive and well.

Weekend Reads

  • Meet the marketing genius behind Snap’s new Spectacles-(Read on Recode)
  • Truth be told- Many companies still struggle with the idea of dealing and responding to a cyber attack. However, industry leaders such as  IBM, wants to train corporate security teams, CEOs, and PR departments to handle Cyber Attacks- (Read on Bloomberg)
  • How is the driverless car a great opportunity for healthcare? You guessed it right! The autonomous car is not just here to carry you to your destination. It can do more than that. For example the future Mercedes Benz– (Read on LinkedIn)
  • What is Zara’s secret recipe to success? In an article by Bloomberg, “Zara’s culture isn’t as easily copied as the latest fashion trends.” This is one of the reasons why Inditex, its parent company, is more successful than it’s competitors such as American Apparel, Gap and  H&M. (Read on Bloomberg)
  • Thinking about quitting your job? Here are 10 things you need to keep in mind about quitting your job- (Read on Forbes)

And how about you? What are you currently reading? Please share in the comments section below. I’d love to read from you.

Have a nice weekend!