Techology

  • Fintech: Powering Inclusive Growth in Africa

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    From cryptocurrencies to blockchain to mobile money, financial technology (“fintech”) is revolutionizing the basic structures of the global economy. Financial services delivered through fintech are becoming more accessible, efficient, and personal. In sub-Saharan Africa, where only 34 percent of adults have bank accounts, fintech companies are already providing financial products and services to millions of unbanked and underserved Africans in ways that traditional financial institutions cannot.

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  • 3D Printing: Shaping Africa’s Future

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    Disruptive technologies—such as the Internet of Things, robotics, and three-dimensional (3D) printing—have been heralded as the future of the global manufacturing sector. However, in Africa, they could hinder industrialization and result in fewer entry points into global supply chains. While it may be possible for African nations to “leapfrog” directly to newer technologies, it is more likely that developing the relevant worker know-how, infrastructure, and corporate capabilities necessary to leverage the potential value of these technologies will be a very gradual process. African policy makers must...

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  • The Battle for Tech Regulation Has Begun

    Three grueling hearings in two days on Capitol Hill seem to indicate that years of government officials giving the tech giants of Silicon Valley—most notably Google, Facebook, Apple, and Amazon—a relatively loose regulatory rein are now over. Members of Congress of both parties were quick to condemn Facebook, Twitter, and Google for their failure to stop Russians from buying ads related to the US presidential election last year, but for some the problem runs much deeper. To the critics, the scope of Big Tech’s power over information (and therefore over nearly all aspects of modern life, from how we interact with our friends to how we choose our political leaders), along with their lack of accountability, resembles the great monopolies of the Gilded Age—and should...
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  • Why Blockchain Could Build a Steel Curtain Against Public Corruption

    Global corruption is a dangerous mega-trend that refuses to be ignored. Blockchain, the rapidly-evolving technology that has already transformed the financial world, has numerous applications when it comes to fighting government corruption. FutureSource has previously examined how corruption has become a threat to international security. It is now taking a closer look at how blockchain and other technologies can help governments reduce graft and fraud.

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