Category: Technology
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Will the on-demand economy lead to skewed availability of essential services?
On- demand economy businesses (like say über, Elance, etc) do the great thing of connecting idle resources with those who need them, whenever they need them and all of this at a reduced or nil search cost. So, on-demand economy platforms/marketplaces enable better utilisation of resources and improve overall efficiencies. While most people normally prize certainty of…
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Reading List – 2nd Ferbruary, 2014
1.) Framework for non-profits to have clear fundraising conversations. Article: 10 Non-profit Funding Models 2.) Interesting article on how Amazon.com manages to be a favourite in spite of not churning profits! Article: Amazon & nil profits 3.)Why Nokia is one of the greatest companies of the world. Article: Nokia Bridge Programme
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Why go cashless?
We want to make cashless payments to farmers, rural labourers directly to their bank accounts and hand them over a card which they can use to transact “business”. By removing cash from the system, we have managed to remove chances of “middlemen” (our very own people handling payments) siphoning money out of the system before…
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Would you pay for “Information”?
The biggest problem plaguing rural supply chains is lack of information and/or information assymetry. However, owing to the developments in technology in recent years, it is now possible to reach out to the remote rural locations and make such information available at a fraction of a cost than what was possible in the past. The…
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Mobile Banking
Today most of the large banks offer basic mobile banking solutions for their consumers. The most common services are: * Account Alerts, security alerts and reminders * Account balances, updates and history * customer service via mobile * branch ATM location information * transfer verification * mortgage alerts Future expectations are mobile commerce, mobile payments,…
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