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Mojaloop
Mojaloop is an open-source software project of the Mojaloop Foundation. The project is a reference model for creating interoperable payments platforms for digital financial providers intended to reduce the technical barrier of financial inclusion efforts. It was created and released by the Bill & Melinda Gates Foundation’s Level One Project in 2017. ''Moja'' is a Swahili word meaning "one". Mojaloop is a collection of Node.js microservices. There are multiple components for routing, clearing, and settling payments between digital financial service providers. It uses the Interledger Protocol for facilitating payments. History The earliest mention of Mojaloop by commercial entities was the announcement in 2018 by Orange Telecom Group and MTN to establish a new joint venture called Mowali which would implement the Mojaloop technology. The joint venture was closed down in November 2022 due to lack of required approvals by the Central Bank. In 2019, Forbes covered the efforts ...
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Interledger Foundation
The Interledger Foundation is a US-based nonprofit corporation and standards organization established in 2019. Its mission is to foster global digital financial inclusion and equitable access to the digital economy through the development and promotion of the Interledger Protocol, a payment interchange standard. History Stefan Thomas and Evan Schwartz published a whitepaper in October 2015 titled “A Protocol for Interledger Payments” while working at Ripple Labs. The document described a communication protocol to enable interoperable payments by acting as a universal translator among different financial networks. The Interledger Protocol was modeled after the Transmission Control Protocol/Internet Protocol (TCP/IP), the foundational technology behind the Internet’s ability to transmit data across diverse networks. In 2015, the World Wide Web Consortium (W3C) hosted the Interledger Payments Community Group. Members included representatives from Ripple Labs, the National ...
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Bill & Melinda Gates Foundation
The Gates Foundation is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported to be the third largest charitable foundation in the world, holding $77.2 billion in assets as of December 31, 2024. The primary stated goals of the foundation are to enhance healthcare and reduce extreme poverty across the world, and to expand educational opportunities and access to information technology in the U.S. Key individuals of the foundation include Warren Buffett, chief executive officer Mark Suzman, and Michael Larson. The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in venture philanthropy, though the foundation itself notes that the philanthropic role has limitations. In 2007, its founders were ranked as the second most generous philanthropists in the U.S., behind Warren Buffett. Bill Gates and Melinda French Gates had dona ...
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MTN Group
MTN Group Limited (formerly M-Cell) is a South Africa, South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg. MTN is among the List of mobile network operators, largest mobile network operators in the world, and the largest in Africa. MTN is active in over 20 countries including Asian countries like Syria, with one-third of company revenue generated in Nigeria, where it held about 35 percent market share in 2016, and 289.1 million subscribers in December 2022. MTN Group is the primary sponsorship, sponsor of the South Africa national rugby union team and sponsors English football club Manchester United F.C., Manchester United and Zambian Super League. The Nigerian subsidiary of the group also has an existing sponsorship deal with the Nigeria Football Federation, Nigerian Football Federation. History The company was founded in 1994 as M-Cell with assistance from the South African government. In 1995, it replaced i ...
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Charities Based In Massachusetts
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership. Financial figures (e.g. tax refunds, revenue from fundraising, revenue from the sale of goods and services or revenue from investment, and funds held in reserve) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This ...
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New Vision
The ''New Vision'' is a Ugandan English-language daily newspaper. It was established in its current form in 1986 by the Government of Uganda. It is the flagship newspaper of the state-owned Vision Group, a multimedia conglomerate. Along with its privately-owned competitor, the ''Daily Monitor'', the ''New Vision'' is one of the two largest national newspapers in Uganda. History The ''New Vision'' traces its origins to the colonial era. Its institutional predecessor, the ''Uganda Argus'', was founded in 1955 as a British colonial government publication. Following Uganda's independence in 1962, the government of President Milton Obote retained the ''Uganda Argus'' as its official paper. After the 1971 coup, the government of Idi Amin renamed the paper the ''Voice of Uganda''. When Amin was overthrown in 1979, the succeeding government named it the ''Uganda Times''. When the National Resistance Movement (NRM) came to power in 1986, the publication was rebranded as the ''New ...
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Futurism
Futurism ( ) was an Art movement, artistic and social movement that originated in Italy, and to a lesser extent in other countries, in the early 20th century. It emphasized dynamism, speed, technology, youth, violence, and objects such as the car, the airplane, and the industrial city. Its key figures included Italian artists Filippo Tommaso Marinetti, Umberto Boccioni, Carlo Carrà, Fortunato Depero, Gino Severini, Giacomo Balla, and Luigi Russolo. Italian Futurism glorified modernity and, according to its doctrine, "aimed to liberate Italy from the weight of its past." Important Futurist works included Marinetti's 1909 ''Manifesto of Futurism'', Boccioni's 1913 sculpture ''Unique Forms of Continuity in Space'', Balla's 1913–1914 painting ''Abstract Speed + Sound'', and Russolo's ''The Art of Noises'' (1913). Although Futurism was largely an Italian phenomenon, parallel movements emerged in Russia, where some Russian Futurism , Russian Futurists would later go on to found gr ...
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Fortune (magazine)
''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and '' Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists including ranking companies by revenue such as in the ''Fortune'' 500 that it has published annually since 1955, and in the ''Fortune'' Global 500. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929, who declared it as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was no ...
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Central Bank Digital Currency
A central bank digital currency (CBDC; also called digital fiat currency or digital base money) is a digital currency issued by a central bank, rather than by a commercial bank. It is also a liability of the central bank, unless it is dividend-yielding, then it is an ownership stake in the central bank, and is a new form of legal tender, unlike cash like retail CBDC which is the digitization of sovereign currency, which applies to physical banknotes, coin, and existing wholesale CBDC reserves that are used in the reverse repo and repo market. The two primary categories of CBDCs are retail and wholesale. Retail CBDCs are designed for households and businesses to make payments for everyday transactions, whereas wholesale CBDCs are designed for financial institutions and operate similarly to central bank reserves. Retail CBDCs can be distributed through various models. In the intermediated model, the central bank issues the CBDC and manages core infrastructures, while financial ...
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Tanzania Instant Payment System
Tanzania, officially the United Republic of Tanzania, is a country in East Africa within the African Great Lakes region. It is bordered by Uganda to the northwest; Kenya to the northeast; the Indian Ocean to the east; Mozambique and Malawi to the south; Zambia to the southwest; and Rwanda, Burundi, and the Democratic Republic of the Congo to the west. According to a 2024 estimate, Tanzania has a population of around 67.5 million, making it the most populous country located entirely south of the equator. Many important hominid fossils have been found in Tanzania. In the Stone and Bronze Age, prehistoric migrations into Tanzania included Southern Cushitic speakers similar to modern day Iraqw people who moved south from present-day Ethiopia; Eastern Cushitic people who moved into Tanzania from north of Lake Turkana about 2,000 and 4,000 years ago; and the Southern Nilotes, including the Datoog, who originated from the present-day South Sudan–Ethiopia border region between 2,90 ...
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