Twitter creator reveals Square mobile – pay device

Twitter creator Jack Dorsey Wednesday gave the first public demonstration of his hotly-anticipated latest venture — a device to allow credit card payments by cell phone — and revealed it would be given away for free.
Its too early to predict about the consequences but probably this application has enormous potentials and this is a big [...]

1 billion mobile devices will access the Internet in 2010

This is an example of mobile use from Grameen Foundation AppLab Uganda Launch
Many people, especially in developing countries will visit Internet the first time in a mobile instead of a computer in 2010 according to IDCs prediction. we’re not yet talking about “the death of the PC”; far from it, as 2010 will see [...]

Financial innovation to fight poverty?

Credit union in India
In these times of global financial crisis it might be difficult to believe in financial innovation – but in a recent Economist article, bankers, investors and philantropists argue that it can help fight poverty.
In fact, it is argued in the article, the crisis might have given new hope to the concept of [...]

Wangari Maathai pays visit to Sweden

The 2004 Nobel Peace Prize Laureate, Wangari Maathai, recently visited Stockholm. In this interview, she discusses peace, climate change and its effects in Africa, the evolution of her Green Belt movement, and her new book, The Challenge for Africa.
Want to know more about Wangari Maathai’s work and visions? The documentary Taking Root gives you the [...]

Microfinance and the global economic crisis

One of the few industries that may be resistant to the world’s financial crisis is microfinancing. According to a TIME article, the industry is largely unaffected by large-scale global financial processes and banking travails. However, the world’s poor are certainly not unaffected.

According to the tricke-down  theory, when the rich suffer from economic crisis – the [...]