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In his most recent AppDate, SEAN BACHER highlights FYI play it safe, BanQu, mPowa, uConsult and Telkom Pay through WhatsApp.

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BanQu

BanQu claims to be the first blockchain-enabled platform for creating economic opportunities for unbanked people around the world.

“The idea behind the solution is to provide a platform where refugees, the displaced, and the poor can maintain a free, secure online profile that provides them with a universal fiscal ID and allows them to begin making and tracking transactions,” says Ashish Gadnis, co-founder of BanQu.

He says that over time, users will build a recognisable, vetted identity, which is a prerequisite for participating in any transaction.

BanQu’s online automated tracking and payment system uses blockchain technology to track and trace materials across the value chain, providing transparency for both buyers and sellers. 

Thanks to BanQu’s digital ledger, someone like a homeless recycler can obtain a credit history and become part of the economy.

Users need just a basic phone as the BanQu system sends an SMS when payments are processed.

More about the BanQu platform will be included in this year’s SAPICS supply chain conference. 

The virtual SAPICS Conference takes place from 24 to 26 August. 

Platform: Visit https://conference.sapics.org/ for more information on the 2021 SAPICS Conference or to register.

Go to the next page to read about a new app for jobseekers, virtual consultations for home-based care, and Telkom’s new digital wallet, operated through WhatsApp.

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