Updated Jan 16, 2018

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University of California, San Diego will develop a simple and secure system enabling the rural poor in West Africa to transfer money directly using mobile phones.
How does your innovation work?
They will build on existing mobile money technology and develop an application for recording transactions so that individuals can send money at low cost directly to a specified institution such as ...
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University of California, San Diego will develop a simple and secure system enabling the rural poor in West Africa to transfer money directly using mobile phones.
How does your innovation work?
They will build on existing mobile money technology and develop an application for recording transactions so that individuals can send money at low cost directly to a specified institution such as a school, which can issue receipts and maintain a database of transactions. They will partner with two mobile phone companies and pilot-test their system on a secondary school in Benin.
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Economic and Workforce Support
  

Stage 2: Research & Development

Claire Adida of University of California, San Diego, in the U.S. will develop a simple and secure system enabling the rural poor in West Africa to transfer money directly using mobile phones. Mobile money is not widely used in West Africa and many individuals do not have banks. Often money for things like school fees has to be physically transferred over long distances, which is unsafe and takes time.
Registered in United Statesin United States

Focus Areas:

Digital Finance and Technology

Digital Finance and TechnologySEE LESS

Implemented In:

United States

United StatesSEE LESS

1
Country Implemented In

Milestone

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United States