In this interview with Nasdaq, Translo founder Kamran Khan describes how his father’s disc herniation led to his founding his blockchain-based medical data sharing platform. While he initially found blockchain through cryptocurrency, he realized the potential to use blockchain solutions in biomedical research as he was studying at Harvard. The goal is to share data from large-scale studies in a transparent and immutable way—a big win for everyone, given the nightmare involved in gathering medical data and the bureaucratic roadblocks inherit in the process of dealing with insurance companies.
Moving into the world of wearables, Preseries named Augmate one of the five most promising startups in Augmented Reality—a big win for the company that’s attempting to lead the transition into the “Fourth Industrial Revolution.” Look for both Translo and Augmate to be featured in forthcoming episodes of RCast.
For co-op members interested in the happenings around RChain, Kenny Rowe’s progress report is on the blog, and you can learn more about our deal with Whiteblock and check out Greg Meredith’s latest Brain Candy on Debrief 106. Lots more coming soon, but as we’re been migrating web servers this week, we’ll keep it simple for now.
Thanks, as always, for being part of the RChain community. — Derek Beres, Director of Content
Though the World Bank claims the number of unbanked has gone down to under two billion people, Fernández thinks this statistic is skewed. While the number of global citizens that have opened up an account has grown, many have never made one deposit; add to this that they don’t have access to loans or growth capital. This is why Access claims it serves the underbanked.
Brick-and-mortar branches simply cannot reach as many people as phones do—smartphones, or even “dumbphones,” as Fernández puts it during our conversation. Access is, according to him, “a bank that meets the sharing economy.” The organization has agents across Africa and is involved in many forward-thinking projects, including offering solar power through blockchain to the 600 million Africans that don’t have regular (or any) access to electricity.
Rubica has partnered with PURE insurance to offer $1m in insurance coverage, protecting assets and personal data if a hack occurs. Though long available to companies, this pivot to offering such plans to individuals marks another era in the ongoing war on data—a battle that, like it or not, we’re all involved in.