Using the Power of Mobile Phone Data and Machine Learning to Combat Poverty
As the COVID-19 pandemic continues to wreak havoc on economies around the world, poverty levels are on the rise, with many individuals and families struggling to make ends meet. In low- and middle-income countries, identifying those most in need of social protection programs can be challenging, especially when traditional administrative data, like tax records, is…
World Bank Issues A Second Round Of Its Blockchain Bonds
The World Bank is an international financial institution. In August last year, World Bank issued a first-of-its-kind blockchain bond called bond-i in partnership with the Commonwealth Bank of Australia (CBA). Bond-i is a blockchain-operated debt instrument. The World Bank used a private Ethereum blockchain to sell to seven investors a two-year bond valued at 100…
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