Gates Foundation's Kosta Peric on Blockchain Tech and the Unbanked
For Kosta Peric, overcoming finance's last mile means looking for ways to do so from the ground up. As deputy director of the Financial Services for the Poor initiative for the Bill & Melinda Gates Foundation, Peric is the forefront of the organization's efforts to build what he calls a digital financial system that, if successful, would connect everyone to financial services. Inclusion isn't simply a matter of opening the door to products such as microloans or insurance policies geared toward low-income families and individuals, he said in a new interview with CoinDesk. Rather, inclusion....
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CoinDesk's inaugural conference, Consensus 2015, took place at New York's TimesCenter yesterday with speakers including Blythe Masters, Kosta Peric and Wences Casares. The afternoon sessions were kicked off by CoinDesk's Joon Ian Wong, who led a one-on-one session with Debra Brackeen, the global head at Citi's Innovation Center. Brackeen explained how Citi became involved in the blockchain and cryptocurrency space and said, during her approximately four years at the company, digital money had been part of the conversation. Citi funded its first crypto project in January 2014, which dealt....
Bill and Melinda Gates Foundation (Gates Foundation) has in its 2015 Gates Annual Letter explained their "BIG BET" of improving lives of people living in poor countries within the next 15 years. This change in 15 years will be faster than any other point in history along the same time span. In this letter, they call for people to join their cause to accelerate the progress and create a big impact across the world. As a part of this initiative, they aim to create unprecedented opportunities to people in poor countries to access education, eat nutritious food and reap benefits from mobile....
Software magnate Bill Gates has again spoken out on bitcoin in his third 'Ask Me Anything' (AMA) session on social sharing platform Reddit. The focus of the AMA was philanthropy and the work of the Bill & Melinda Gates Foundation. As a result, Gates' answer revolved around potential bitcoin applications in charity. In response to the question 'What is your opinion on bitcoins or cryptocurrency as a whole? Also do you own any yourself?' , Gates wrote: 'Bitcoin is an exciting new technology. For our Foundation work we are doing digital currency to help the poor get banking services. We don't....
Blockchain-based company Factom has announced it will soon secure medical records on its platform. The firm received a grant from the Bill & Melinda Gates Foundation to provide immutable and easily accessible records. Gates Foundation Grant to Produce Distributed Medical Database. Factom, the blockchain as-a-service (BaaS) technology company, has....
"Bitcoin can go up and down just based on the mania or whatever the views are," said the Microsoft co-founder. Microsoft co-founder Bill Gates is the latest prominent tech figure to seemingly try to stay out of the fray when it comes to questions about Bitcoin adoption.In an interview with CNBC’s Squawk Box this morning, Gates said he had neither invested in Bitcoin (BTC) nor wanted to make a prediction on any price movements. "I don’t own Bitcoin, I’m not short Bitcoin, so I’ve taken a neutral view," said Gates. "Bitcoin can go up and down just based on the mania or whatever the views....