Emerging Economies | December 01, 2017 |
A week full of action and then you have Bitcoin touching $10,000! As much the news exciting, we stayed a little close to basics. And still exciting.
This week in Emerging Economies Digest we have captured two good reads on Fintech and Blockchain narrowcasted for Emerging Economies. The two different startups looking at creating their global footprint and exploring the 2.0 moment are excellent pieces. China's might and Saudi's shift are recorded too. It all starts with the Westerwelle Young Founders Application to get you in!
Enjoy your Digest and share if you think we have done a good job.
Cheers.
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| | The Westerwelle Foundation for International Understanding We just opened the Call for Applications for the Spring 2018 Westerwelle Young Founders Programme and are looking for the next entrepreneur superstars from emerging markets.Ventureburn wrote about it here: http://ventureburn.com/2017/11/applications-now-open-2018-westerwelle-young-founders-programme/ and Disrupt Africa here: http://disrupt-africa.com/2017/11/apply-now-for-berlin-based-westerwelle-young-founders-programme/ You can find out more about the programme here: http://yfp.westerwelle-foundation.com. | | Tom Turula - Business Insider Nordic Focusing on a global market instead of individual markets led Truecaller to be unbiased and more appealing. KPCB, Sequoia, John Doerr and Jerry Murdock are some of the investors in Truecaller. Alan Mamedi views India as the future for Truecaller as well as the rest of the tech. | | Simone di Castri & Ariadne Plaitakis - Stanford Social Innovation Review The potential of FinTech is even greater in emerging markets. Governments in emerging markets need to take a holistic approach to creating business environments that truly enable financial technology (FinTech) innovation.
Economist Irving Wladawsky-Berger wrote, "For the billions around the world without access to traditional financial services … FinTech could be their ticket to financial inclusiveness and membership in the global digital economy." | | Joel John - International Business Times Joel John, lead researcher for Blockchain-focused VC firm Outlier Ventures, looks at the history of blockchain's promise of financial inclusion. And, it goes beyond the Goat Economics!
| | Muhammad Riaz Usman - https://www.khaleejtimes.com/business/economy/incubating-a-knowledge-based-economy In a quest to diversify its economy, Saudi Arabia has been working to shift the country's main source of income away from oil. One of the main focuses for the government is moving towards startups and incubation programmes. With the phenomenal success of social networking app Sarahah, which means 'frankness' or 'honesty' in Arabic, the efforts seem to be paying off. | | Jay Forte - The Rio Times For those that have not heard of Entrusters yet, it is a peer-to-peer shopping platform aimed at disrupting the global shopping and shipping model. | | Colley Hwang, Taipei; Willis Ke, DIGITIMES Statistics from US-based research body CB Insights show that non-US unicorn startups commanded a 50% share of total global unicorns as of the end of August 2017, sharply up from only 37% as of the end of 2014, indicating the US is no longer a dominant country in nurturing startups. It also suggests that against Asian enterprises, particularly those in China, unrelentingly pursuing development and growth, the Silicon Valley seems stuck in the status quo. | |
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