Fifteen years after starting their foundation, Bill and Melinda Gates released their 2015 annual letter overnight, laying out their goals for the next 15 years and explaining their “big bet” — that “the lives of people in poor countries will improve faster in the next 15 years than at any other time in history.” And one of the primary catalysts, they say, will be the smartphone. They point in particular to the spread of mobile banking and education. “Already, in the developing countries with the right regulatory framework, people are storing money digitally on their phones and using their phones to make purchases, as if they were debit cards,” they write. “By 2030, 2 billion people who don’t have a bank account today will be storing money and making payment with their phones. And by then, mobile money providers will be offering the full range of financial services, from interest-bearing savings accounts to credit to insurance.” Here is Bill Gates explaining the issue in a video. https://youtube/watch?v=vOg4s5UccZE
Posted on: Fri, 23 Jan 2015 21:18:35 +0000
Trending Topics
Recently Viewed Topics
© 2015